JACKSONVILLE, Fla.--(BUSINESS WIRE)--Aug. 11, 2003--To meet the rapidly changing financing needs of businesses in North America, General Electric announced today the launch of GE Business Credit Services.
The new organization, formerly GE Distribution Finance, will continue its role as a leading provider of inventory finance, but has expanded its business structure to include commercial sales finance. Services encompass open account trade receivable management, business revolving charge programs, and receivables purchasing.