Partnership is Key to GE's Expansion of Card Program in Agent Bank Space
STAMFORD, Conn.--(BUSINESS WIRE)--Hancock Bank (NASDAQ: HBHC) has selected GE Money, the consumer lending unit of General Electric Company (NYSE:GE), to provide a Platinum VISA credit card product to its customers in Mississippi, Louisiana, Florida, and Alabama.
NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance -- Global Media & Communications has provided a $60 million senior secured facility to Northland Cable Properties, Inc., a subsidiary of Northland Telecommunications Corp. -- the 16th largest Multiple System Operator (MSO) in the U.S.
NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance -- Global Media & Communications has provided a $60 million senior secured facility to Northland Cable Properties, Inc., a subsidiary of Northland Telecommunications Corp. -- the 16th largest Multiple System Operator (MSO) in the U.S.
Restaurateur Is Poised for Growth with $28.5 Million in New Funding
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Boston-based Back Bay Restaurant Group, Inc. received $28.5 million in financing from GE Capital Solutions, Franchise Finance, choosing the lender because of its experience in the restaurant industry. GE Capital Solutions, Franchise Finance acted as a one-stop shop for Back Bay, providing financing and proving to be a flexible lender.
Dave Nissen, President and CEO of GE Money, hosted a meeting focusing on key initiatives underway within the business. Additionally, leaders from across the segment provided regional and business updates.
Location: New York, NY
Dave Nissen, President and CEO of GE Money, hosted a meeting focusing on key initiatives underway within the business. Additionally, leaders from across the segment provided regional and business updates.
Listen to the Audio Presentations:
DANBURY, Conn.--(BUSINESS WIRE)--GE Capital Solutions, the business-to-business leasing, financing and asset management unit of General Electric (NYSE: GE), today agreed to buy Trustreet Properties, Inc. (NYSE: TSY), one of the leading self-advised restaurant real estate investment trusts (REIT) in the United States.
CHICAGO--(BUSINESS WIRE)--GE announced it is entering into an agreement to purchase the assets of privately held Allrail Services. Allrail provides railcar maintenance services through mobile repair units (MRU) and mini-repair shops to customers.
The terms of the transaction were not disclosed. Closing is currently scheduled for November 2006.
STAMFORD, Conn.--(BUSINESS WIRE)--GE Energy Financial Services and Sunland Resources, LLC announced today the acquisition of natural gas and oil reserves in northern Louisiana for $101 million. The properties were acquired from a consortium led by Caruthers Producing Co., Inc. and include 26 producing wells, two proved, developed non-producing wells, and 11 low risk, proved, undeveloped drilling locations in the Caspiana and Black Creek fields.
