CHICAGO - Commercial Distribution Finance (CDF), a division of GE Capital, announced today that it has extended its strategic inventory finance program with outdoor power equipment manufacturer Husqvarna Group. The program goes to market as Husqvarna Financial Services, which was established in 2005 to provide inventory financing to the thousands of dealers who sell Husqvarna products.
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CHICAGO - GE Capital, Commercial Distribution Finance (CDF) announced today a multi-year extension of its strategic inventory financing agreement with lawnmower manufacturer Excel Industries. CDF has worked with Excel since 1988.
Headquartered in Hesston, KS, Excel manufacturers a variety of turf care products under the Hustler and BigDog brands. The products are sold through independent dealers across the United States.
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CHICAGO - GE Capital, Commercial Distribution Finance (CDF) announced today a multi-year extension of its strategic inventory financing program with Scag Power Equipment. CDF has worked with Scag, a manufacturer of lawnmowers and debris handling equipment, since 1997.
Headquartered in Mayville, WI, Scag sells its products through an independent network of dealers and distributors in North America. CDF’s inventory financing enables Scag’s network to stock the optimal amount of product to sell to consumers.
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CHICAGO - GE Capital, Corporate Finance today announced it is serving as administrative agent on a $49.5 million senior secured credit facility for Flavor Producers, Inc. Flavor Producers, a creator of custom-formulated flavors for food and beverage companies globally, will use the funds to explore acquisitions as well as for general working capital needs. GE Capital Markets served as sole lead arranger and bookrunner on the facility.
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BETHESDA, MD, JULY 14, 2015 - GE Capital’s Healthcare Financial Services (HFS) business announced today that it has closed and fully funded a $4 million additional term loan financing to Cianna Medical, Inc., bringing the total venture loan facility to $12 million. The funds will be used to help support the commercialization of its new SAVI SCOUT® surgical guidance system, which is currently being launched.
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CHICAGO - GE Capital, Commercial Distribution Finance (CDF) announced today it has expanded its inventory financing program with Bass Pro Shops and Tracker Marine to include the distribution network of Fishing Holdings, LLC. The agreement will run through 2018.
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MISSISSAUGA, ON - Dealers, manufacturers and suppliers of agriculture equipment felt that the seeding season was generally better than last year, according to survey results released today by GE Capital’s Commercial Distribution Finance Canada (CDF) business.
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CHICAGO - GE Capital, Commercial Distribution Finance (CDF) announced today that it has extended its inventory financing agreement with the American Boat Builders Association (ABA), a major buying group for independent boat builders in the U.S., through 2018. CDF has been a preferred lender to ABA’s members since the organization’s inception in 1992.