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Press Release

GE Money Home Lending appoints Chief Operating Officer

September 08, 2008

GE Money Home Lending, one of the UK's leading specialist lenders, has appointed Ian Ferguson as its new Chief Operating Officer (COO), reporting to Colin Shave, CEO, GE Money Home Lending.

Ian has a wealth of industry experience, joining GE Money from Kensington Mortgages Ltd where he held the position of Chief Operating Officer. Prior to Kensington Ian held a number of senior industry positions, including Director for Corporate Planning and Delivery at Zurich Financial Services and Director of Mortgage Operations at Bradford and Bingley.

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Press Release

Unitranche Fund LLC Invests $148 Million of Unitranche Debt in Leading Provider of Specialty Chemicals to the Fertilizer & Mining Industries

September 04, 2008

NORWALK, Conn.--(BUSINESS WIRE)--Unitranche Fund LLC today announced the closing of a $148 million unitranche debt financing to support the acquisition of ArrMaz Custom Chemicals, Inc. by Snow Phipps Group, LLC. GE Antares Capital provided a $20 million revolver to the company. Founded in 1976, ArrMaz is a leading producer of chemical process aids and functional additives for the fertilizer, phosphate mining, asphalt, and nitrogen chemical industries.

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Press Release

GE Capital Solutions, Franchise Finance Provides Debt to Facilitate Recapitalization of Fatz Cafe

September 03, 2008

GE Capital Solutions, Franchise Finance completes $40 million deal

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GE Capital Solutions Fleet Services Launches my.FleetOffice Celebrating 11 Years of Online Fleet Management

August 26, 2008

GE Capital Solutions Fleet Services launches its all-new my.FleetOffice in celebration of 11 years providing innovative online fleet management tools to customers. With a new name, new look, new navigation, and new functionality, customers now have even more management options in one place. The new design is organized by drivers, vehicles, reports and includes multi-language access.

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GE Money Announces the New Chevron and Texaco Visa® Credit Card

August 22, 2008

Card Will Offer U.S. Customers Fuel Credit Rewards and Other Benefits

Stamford, Connecticut, August 22, 2008 -- GE Money today announced the Chevron and Texaco Visa credit card, offering U.S. customers a compelling rewards structure, including:

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Up to 450,000 mortgage and loan customers apply four or more times to be accepted

August 19, 2008

Multiple failed applications can be time consuming and, of course, can be detrimental to a borrower. With criteria changing regularly and the risk of decline increasing all the time, it is even more important that borrowers looking to obtain a mortgage use reputable mortgage professionals with broad experience, knowledge and systems at their disposal which will increase the chances of the borrower getting the deal they need."

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Press Release

GE Money Home Lending added to Countrywide's lending panel

August 19, 2008
  • Further illustration of lender's commitment to intermediary market
  • News comes as GE Money research suggests more consumers are being classed as "non-conforming"
  • First National D2U range available to Countrywide's network

"We are delighted to be working with Countrywide, the largest estate agency group and mortgage broker in the UK. In a difficult market, our broad range of non-conforming products will help consultants obtain mortgages for more of their clients enabling them to buy the house they want.

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Press Release

GE Healthcare Financial Services Corporate Finance Team Closes $1.8 Billion in Transactions for First Half of 2008

August 19, 2008

CHICAGO--(BUSINESS WIRE)--GE Healthcare Financial Services' corporate finance team ended the first six months of 2008 as one of the most active capital providers in today's healthcare market, closing 23 transactions totaling $1.8 billion.

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GE Capital Solutions Fleet Services Introduces Online Driver Management Functionality that Simplifies Driver and Unit Assignments

August 14, 2008

GE Capital Solutions Fleet Services' new "Add Driver" online functionality makes it easier for fleet managers to add and manage drivers without the need for a driver/vehicle relationship saving fleet managers' time and improving driver profile accuracy.

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GE Unit Partners With Leading Wind Farm Developer In $381 Million Project

August 11, 2008

FORBES, North Dakota, August 11, 2008 -- GE Energy Financial Services, a unit of GE (NYSE:GE), announced today it is partnering with ACCIONA, a world leader in wind farm development, and is investing $141 million in the Tatanka Wind Farm on the North Dakota-South Dakota border. The transaction represents the GE unit's first wind equity investment in the Dakotas and the first wind farm in the United States built entirely by ACCIONA (IBEX-35 ANA.MC).

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