CHICAGO, IL --- GE Capital's Commercial Distribution Finance (CDF) business announced today that it plans to expand its inventory financing capabilities and coverage of the commercial foodservice and refrigeration industries across the U.S. and Canada. CDF has been providing inventory financing to the foodservice industry since 1995.
GE Capital today announced that it had provided Pental Ltd, Australia's largest soap manufacturer and manufacturer of iconic household brands such as Sunlight, Velvet and White King, with a $15 million financing facility.
The deal will help Pental execute on its strategic business plan involving brand expansion through product innovation, new sales channel development and private label manufacturing for major retailers.