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Press Release

GE Capital appoints James Fenner as President & CEO of its European Leveraged Finance business

September 07, 2010

London, 7 September 2010: James Fenner has been named as the new President and CEO for GE Capital's Leveraged Finance business*, effective immediately, subject to regulatory approval.  Fenner will be responsible for consolidating GE Capital's position as one of the top Leveraged Finance players in Europe, leading and arranging mid market transactions and building close links with commercial partners such as Mubadala GE Capital.  He replaces Thomas Greco, who has left to pursue opportunities outside of GE.  The position reports into Rich Laxer, EMEA President and CEO for GE


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Press Release

GE Capital is Agent for $320 Million Revolving Credit Facility to H&E Equipment Services, Inc.

September 02, 2010

Based in Baton Rouge, LA, H&E Equipment Services (Nasdaq-GS: HEES) is one of the nation's largest equipment services companies focused on heavy commercial and industrial equipment.


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Press Release

Organisation - GE Capital France dévoile la composition de son Comité stratégique

September 02, 2010

GE Capital France dévoile la composition de son Comité stratégique

  • Thierry Willième, Président Directeur Général
  • Patrice Coulon, Directeur Général Adjoint, en charge du Développement
  • Alain Amiel, Directeur Administratif et Financier
  • Marijke Bliek, Directeur des Opérations
  • Stefaan D'Hoore, Directeur des Risques
  • Carole Joseph, Directeur des Ressources Humaines


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Press Release

B.&b. Attachments Receives £2 Million Funding From GE Capital

September 01, 2010

GE Capital, one of Europe's leading providers of asset based lending, today announced that it has provided B.& B. Attachments Limited with a £2m funding package to support the company's future growth plans. The facilities, comprising invoice discounting and credit protection, are expected to provide up to £7.2 million per year in working capital to the company in volume terms, over the first year.


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Press Release

Drivers back in focus for Fleet Managers, GE Capital survey finds

September 01, 2010

29% more companies offering drivers choice of manufacturers (vs Q1)

27% more companies see company cars as recruitment tool

A report published by GE Capital today shows a big increase in the proportion of companies offering drivers full choice of manufacturers (29% higher vs Q1) as well as a rise in the proportion of Fleet Managers seeing company cars as a recruitment and retention tool (27% higher than Q1) as UK businesses once again start to put drivers at the heart of their company car policies.


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Press Release

GE Capital Renews and Extends $90 Million Credit Facility to Specialty Retailer Golfsmith

September 01, 2010

GE Capital has been a lender to Golfsmith, a 40-year-old seller of golf and tennis equipment, apparel and accessories, since 2002.

NORWALK, CT --- GE Capital today announced it is providing a four-year extension of its $90 million asset-based revolving credit facility to Golfsmith (NASDAQ: GOLF), a specialty retailer. GE Capital has been a lender to Golfsmith since 2002.


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Press Release

Kane's Customers Will Be Comfortable with Financing Backed by GE Money

August 26, 2010

New Consumer Credit Program Being Rolled Out at Kane's and Savon Furniture Stores

KETTERING, OHIO and TAMPA, FLA. --- August 26, 2010 --- Comfort and quality are essential in the retail furniture business, which explains why Kane's Furniture selected GE Money as its consumer financing partner.


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Press Release

Farming the Wind Near the Oregon Trail: Idaho's Governor, GE and Its Partners Launch State's Largest Wind Power Project

August 24, 2010

BLISS, Idaho, Aug. 24, 2010 -- Transforming arid farmland into land yielding clean power and jobs, Gov. C.L. "Butch" Otter joined executives of GE (NYSE: GE) and its partners today to celebrate the start of construction of the state's largest wind power project, 8 miles from the Oregon Trail where American pioneers pushed westward across the continent.


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GE Capital Launches 90-Day Interest Reimbursement Program with Fleetwood RV

August 24, 2010

HOFFMAN ESTATES, Ill.--24 August 2010-- GE Capital, Commercial Distribution Finance today announced it has been selected as the exclusive wholesale lender for Fleetwood RV's new inventory stock program designed to promote high turnover of new inventory.


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GE Teams with Major Utilities, Builders and Communities to Increase American Home Efficiency by 70%, Save Homeowners $100s/yr. on Energy Bills

August 24, 2010

$5 million project with the U.S. Department of Energy (DOE) to employ a mix of energy efficiency and clean power measures to reduce energy usage for new and existing homes


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