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Press Release

GE Money Introduces Web-Based Training To Educate Businesses About Consumer Financing

August 04, 2008

Online Training Resource Center Helps Businesses Improve Service and Satisfaction

KETTERING, Ohio --- August 4, 2008 --- Consumers are being more prudent about purchasing decisions and how to fit bigger-ticket items and services into their budget. Because a significant portion of sales involve financing, it is a necessary and natural part of the sales process and customer satisfaction. GE Money's Sales Finance unit has introduced its Web-based training library for business partners to better understand and effectively communicate financing to consumers.


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Press Release

GE Capital Completes Acquisition of Most of CitiCapital

July 31, 2008

Deal adds more than $13 billion of assets, business lines GE understands and knows how to grow

NORWALK, Conn.--01 August 2008-- GE Capital today announced the completion of its acquisition of most of CitiCapital, Citigroup's North American commercial leasing and commercial equipment finance business, adding $13.2 billion in assets.


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Press Release

Sparking European and US Solar Power Expansions, GE and Grupo Corporativo Landon to Invest US $350 Million in Leading European Solar Company

July 30, 2008

MADRID, Spain & STAMFORD, Conn.--31 July 2008-- GE Energy Financial Services, a unit of GE (NYSE: GE), and Grupo Corporativo Landon announced today they will invest about US $350 million (€225 million) in Fotowatio, one of Spain's largest and most successful solar power project developers. Fotowatio owns, operates and is developing almost 960 megawatts of solar projects in the fast-growing solar power markets of Spain, Italy and the United States. Existing investors in Fotowatio comprise investment fund Qualitas Venture Capital and Fotowatio's management.


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Press Release

GE Money And Power Equipment Direct Partner On Outdoor Power Equipment Financing Program

July 28, 2008

"Cutting Edge" Program Offers Payment Options for Power Equipment Direct Purchases

KETTERING, Ohio ---July 28, 2008--- GE Money and Power Equipment Direct, a leading online outdoor power equipment (OPE) retailer, specializing in generators, pressure washers and air compressors, today announced a multi-year agreement on a credit program that provides flexible financing options for purchases of Power Equipment Direct products.


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Press Release

Morris Furniture Co. Inc. Renews Consumer Finance Program With GE Money

July 24, 2008

Ohio Furniture Retailer to Continue Successful Program

KETTERING, OHIO --- July 24, 2008 --- GE Money and Morris Furniture Co. Inc. today announced a multi-year extension of their consumer financing agreement, originally formed in 2000. The Morris Furniture Co. Inc.'s More for You credit program is managed by GE Money's Sales Finance unit and provides instant credit at the point of sale, a simplified application process and online account management.


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Press Release

Bank of Ayudhya reports 2.0 bn in net profit for 2Q/08

July 21, 2008
Press Release

GE Capital Solutions, Franchise Finance Closes $5 Million Deal with Bobby's Burger Palace

July 16, 2008

Financing provides funds for new construction in multiple locations

SCOTTSDALE, Ariz.--16 July 2008-- With $5 million in financing from GE Capital Solutions, Franchise Finance, the new, independently operated concept Bobby's Burger Palace begins construction on multiple locations. The first Bobby's Burger Palace, the brainchild of renowned chef Bobby Flay and business partner Laurence Kretchmer, opens today in Lake Grove, N.Y., on Long Island.


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Press Release

GE Money And Janome America Design Consumer Finance Program For Sewing Machines

July 16, 2008

KETTERING, Ohio --- July 16, 2008 --- GE Money and Janome America, Inc., a leading manufacturer of home sewing machines, today announced a new multi-year relationship to provide consumer credit through the Home Design program managed by GE Money's Sales Finance unit.


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Press Release

GE Money & Kittle's Furniture Deliver Consumer Financing Program

July 14, 2008

KETTERING, Ohio --- July 14, 2008 --- GE Money and Kittle's Furniture today announced a new multi-year relationship to provide consumer financing services through the home furnishings retailer's 14 Indiana and Ohio stores, including the Indianapolis Ethan Allen location and Thomasville Home Furnishings stores in Dublin and Easton, Ohio.


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Press Release

GE Money And Brother International Corporation Create Consumer Finance Program For Sewing And Embroidery Machines

July 14, 2008

KETTERING, Ohio --- July 14, 2008 --- GE Money and Brother International Corporation, a leading manufacturer of home sewing and embroidery products, today announced a new multi-year relationship to provide consumer credit through the Home Design program offered by GE Money's Sales Finance unit.


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