NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance today announced the appointment of Michael P. McGonigle as managing director of Trade Accounts Receivable Securitization within its Corporate Lending business. McGonigle will lead a team responsible for providing financing of $75-million or more to corporate borrowers by securitizing trade receivables.
NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance today announced the appointment of Michael P. McGonigle as managing director of Trade Accounts Receivable Securitization within its Corporate Lending business. McGonigle will lead a team responsible for providing financing of $75-million or more to corporate borrowers by securitizing trade receivables.
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NEW YORK--(BUSINESS WIRE)--The results of a recent GE survey of nearly 100 media executives showed that only 10% of respondents believe increased litigation against individuals illegally acquiring and distributing pirated content to be a reasonable method of reducing the threat of piracy, signaling a sea change from reactive to proactive anti-piracy strategies.
The piracy-themed survey was conducted at the recent New Thinking for New Media symposium co-hosted by GE - Global Media & Communications and NBC Universal.
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LONDON--(BUSINESS WIRE)--Over 85% of the UK's trucking industry leaders believe that current fuel prices are placing their business at risk, according to an international survey of 1,200 trucking industry leaders in the UK, France, US and Canada. The survey, commissioned by GE Capital Solutions - a leading global provider of financing for the commercial trucking industry - also revealed a serious driver shortage in the UK. Half of all UK trucking business leaders state a low availability of drivers, which could impact usual delivery times of goods by over 20%.
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SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Many franchisors are calling for uniform reimaging of franchised units, citing figures that it may boost sales, attract new customers, and increase profits. When the corporate office of Popeyes Chicken & Biscuits required Mid-Atlantic Restaurants, LLC to remodel, the franchisee turned to GE Capital Solutions, Franchise Finance for a solution.
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NEW DELHI, India--(BUSINESS WIRE)--GE Money announced today that SBI Card, its joint venture with the State Bank of India (SBI), crossed the landmark 3 million cardholders milestone. The 2nd largest Card issuer in India, SBI Card is unique as the only Non-Banking Finance Company (NBFC) issuing credit cards in India and the incredible success of the card underscores its value to customers.
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NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance today announced the appointment of Jeffrey P. Lupoff as senior managing director of Industrial Project Finance within its Corporate Lending business. Lupoff will be responsible for providing debt financing, lease solutions and equity investments of $25 million to $1 billion or more for new construction or expansion projects within capital-intensive industries.
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NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance today announced the appointment of Jeffrey P. Lupoff as senior managing director of Industrial Project Finance within its Corporate Lending business. Lupoff will be responsible for providing debt financing, lease solutions and equity investments of $25 million to $1 billion or more for new construction or expansion projects within capital-intensive industries.