Funding allows for the acquisition of eight BURGER KING units in Medford, Oregon
SCOTTSDALE, Ariz.--Tuesday, July 27, 2010-- GE Capital, Franchise Finance is providing $8.4 million in financing to Ghai Management Services, Inc., a BURGER KING® franchisee based in Fremont, California. The funds will be used to acquire eight BURGER KING fast food restaurants. Financing was provided through the GE Capital, Franchise Finance bank affiliate, GE Capital Financial Inc.
STAMFORD, Conn. & FOLSOM, Calif.--Monday, July 26, 2010-- SynapSense Corporation, whose technology improves energy efficiency and cuts power and cooling costs in data centers, announced today that it is deepening its relationship with GE (NYSE: GE) by securing an investment and commercial partnership as part of a focus on digital energy services, the Smart Grid and ecomagination.
Consumer Financing Program Available Through 4,000+ ACCA Contractors Nationwide
KETTERING, OH and ARLINGTON, VA --- July 21, 2010 --- GE Money, the consumer lending Unit of General Electric Company (NYSE:GE - News), announced a multi-year agreement to provide the GE Money Home DesignSM consumer financing program through the Air Conditioning Contractors of America (ACCA), the nation's largest association of professional environmental systems contractors.
BETHESDA, Md.--21 July 2010-- GE Capital, Healthcare Financial Services announced today that it served as agent and sole lender to Mitralign, Inc. for a $5 million senior secured credit facility. Mitralign will use the credit facility for working capital as the company advances development of its mitral valve repair device.
A320 remains preferred choice of customers and operators in all sectors
FARNBOROUGH, United Kingdom, July 19, 2010 - GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric [NYSE: GE], has signed a firm order for 60 additional A320 family aircraft. This new order brings the total number of A320 family aircraft ordered by GECAS to 327 and the backlog of aircraft to be delivered to 99 aircraft.
FARNBOROUGH, United Kingdom, July 16, 2010 - Boeing [NYSE: BA] and GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric [NYSE: GE] today announced an order for 40 Next-Generation 737-800s
The order is valued at approximately $3 billion at list prices.
"We are pleased to announce this Boeing order and the further growth of our fleet," said Norman C.T. Liu, president and CEO of GECAS. "Over the years, GECAS has successfully leased many 737s to airlines around the world."
[London, UK - 15 July 2010] GE Capital Global Banking announced today that it has reached a definitive agreement to sell BAC Credomatic GECF Inc. (BAC-Credomatic) to Grupo Aval, Colombia's largest banking holding group, for $1.9 billion.
The transaction is subject to certain regulatory approvals and other customary conditions, and the parties anticipate closing by the end of 2010.
