NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance Corporate Lending today announced it provided a $400 million trade accounts receivable securitization to Cummins Inc. (NYSE: CMI), a leading manufacturer of diesel engines, power generation systems and related components and technologies. The financing will be used to fund working capital needs and the loan may be increased to $500 million subject to the satisfaction of certain terms and conditions.
Company Presents Shock-Absorbing Disc and Posterior Disc at NASS
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--SpinalMotion, developer of two investigational artificial discs for treating patients with degenerative disc disease, has closed a $14 million loan facility with GE Healthcare Financial Services. The venture debt will be used to fund SpinalMotion's product expansion and additional clinical evaluation.
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CHICAGO--(BUSINESS WIRE)--GE Healthcare Financial Services signed a vendor financing agreement with Haemonetics Corporation, a global healthcare company dedicated to providing innovative blood management solutions. Under the agreement, GE Healthcare Financial Services will provide its full range of equipment financing options including operating leases, loans and customized programs to Haemonetics' customers.
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New Payment Option Offered Through Retailer's 29 Northwest Locations
KETTERING, Ohio--(BUSINESS WIRE)--GE Money and Joe's Sports & Outdoor, one of the top 50 sporting goods retailers in the U.S., today announced a five-year agreement to provide the Joe's Sports & Outdoor credit card. The Sport Finance Program, managed by GE Money's Sales Finance unit, will be available as a payment option at the sporting goods retailer's 29 locations throughout Oregon, Washington and Idaho.
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『生きていくにはお金がかかる』という認識は低いものの、貯蓄への意識が高く堅実な高校生
NPO法人「育て上げ」ネットとGE Moneyが2,480名の高校生の「一人暮らしに必要な生活費」に関する調査を実施
特定非営利活動法人「育て上げ」ネット（理事長：工藤啓 所在地：東京都立川市）とGE Money（法人名：GEコンシューマー･ファイナンス株式会社、代表取締役社長：藤森義明 本社：東京都港区）は、「ニート予防を目指した金銭基礎教育プログラム"MoneyConnection"」を共同で開発し、昨年10月より講師を派遣して高校で実施しています。プログラムの一部である20万円という額を一人暮らしのための生活費の内訳に振り分けるシミュレーション（「明日から一人暮らし」）を集計・分析した結果と、ファイナンシャル・プランナーCFP®の海宝賢一郎氏の考察から、現代の高校生の『金銭感覚』や『お金に関する意識』が見えてきましたのでここにご報告いたします。
全体的な傾向
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NEW DELHI, India--(BUSINESS WIRE)--GE Energy Financial Services, a unit of GE (NYSE: GE), is reinforcing its foothold in India's power market through KSK Power Venture Plc -- a leading power project developer in India. GE has acquired approximately 26% of the equity in Sayi Power Energy Limited, KSK's majority owner.
Additional financial details of the transaction were not disclosed.
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CHICAGO--(BUSINESS WIRE)--GE Healthcare Financial Services signed a five-year vendor financing agreement with Sechrist Industries, a leading manufacturer of hyperbaric oxygen chambers and respiratory equipment. Under the agreement, Sechrist customers will have access to a full range of equipment financing options including capital and operating leases, loans and customized programs.
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CHICAGO--(BUSINESS WIRE)--Capital improvements and other upgrades may suffer at hospitals across the country unless administrators find a way to cope with the medical malpractice insurance obligations and pension plans that are competing for these dollars. But planning to pay for unfunded obligations is just the tip of an operational iceberg known as unfunded liabilities that hospital CFOs need to successfully navigate.
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Offers Consumers Customized Payment Plans for Individual Budgets
KETTERING, Ohio--(BUSINESS WIRE)--GE Money and Thomasville Furniture Industries today announced a multi-year renewal of its consumer financing agreement, originally formed in 2003. The Thomasville credit card program, issued through GE Money's Sales Finance unit, is available through Thomasville stores and gallery locations across the United States.