×

GE.com has been updated to serve our three go-forward companies.

Please visit these standalone sites for more information

GE Aerospace | GE Vernova | GE HealthCare 

Press Release

Clockwork Home Services Chooses GE For New Credit Program; GE's Retail Sales Finance Unit to Support 'Royal Privilege' Card

November 29, 2005

ST. PAUL, Minn.--(BUSINESS WIRE)--Nov. 29, 2005--GE's Retail Sales Finance unit, a leader in home improvement financing, has been selected to provide a new consumer credit program for Clockwork Home Services, parent company of Success Group International and provider of home services with more than 180 franchisees across the country.

Clockwork's new Royal Privilege Program is a private label credit card available to home services customers. According to the company, GE was selected for the speed and efficiency of its credit application process.

business unit
tags
Press Release

Hustler Turf Equipment Selects GE For New Retail Finance Program; GE's Retail Sales Finance Unit to Support Hustler Turf Credit Card

November 21, 2005

ST. PAUL, Minn.--(BUSINESS WIRE)--Nov. 21, 2005--Hustler Turf Equipment, a pioneer in zero turn lawn mowing technology, has selected GE Consumer Finance's Retail Sales Finance unit to provide its new consumer credit program.

Beginning in January 2006, the Hustler Card program will be available at Hustler Turf Equipment dealers nationwide with a variety of financing options. Hustler is known as a leader in commercial grade lawn care equipment.

business unit
tags
Press Release

GE Consumer Finance to Acquire Credit Card Business of Belk, Inc.; Leading Regional Department Store Establishes 10-Year Alliance with GE Consumer Finance; Deal Includes $500 Million in Credit Card Receivables

November 21, 2005

STAMFORD, Conn.--(BUSINESS WIRE)--Nov. 21, 2005--Furthering its growth strategy, GE Consumer Finance, the consumer lending unit of General Electric Company (NYSE:GE), today announced that it has entered into an agreement to purchase and manage the private label credit card assets of Belk, Inc., the nation's largest privately owned department store company. Belk operates 278 stores in 15 Southeast and Mid-Atlantic states under the names Belk, McRae's and Proffitt's.

business unit
tags
Press Release

GE Healthcare Financial Services Closes $20 Million Financing Deal with Amphastar Pharmaceuticals, Inc.

November 21, 2005

CHICAGO--(BUSINESS WIRE)--Nov. 21, 2005--GE Healthcare Financial Services has provided a $20 million senior term loan to Amphastar Pharmaceuticals, Inc., a generic and specialty pharmaceutical company based in Rancho Cucamonga, Calif., that focuses on injectable and inhalation products.

business unit
tags
Press Release

GE Commercial Finance - Global Media

November 21, 2005

NORWALK, Conn.--(BUSINESS WIRE)--Nov. 21, 2005--GE Commercial Finance - Global Media & Communications announced today that it has become the administrative agent and co-lender for a $335 million financing facility to NextMedia Operating, Inc. GE Capital Markets served as joint lead arranger and co-syndication agent for the transaction, which closed on November 15, 2005.

business unit
tags
Press Release

Ge, 보험 사업 포트폴리오 변경 최종 단계 발표

November 20, 2005

- 대부분의 보험사업을 Swiss Re에 매각 - 기존 사업의 이익 증가율 속도 높아져, 2006년 EPS가 12-17% 증가 - 2006년 영업현금흐름, 240억불로 20% 증가 - 분기배당액, 주당 25센트로 14% 증가 - 자사주 매입규모, 150억불에서 2008년까지 250불로 증가

business unit
tags
Press Release

GE Appoints Two Noted Media

November 17, 2005

NORWALK, Conn.--(BUSINESS WIRE)--Nov. 17, 2005--GE Commercial Finance - Global Media & Communications today announced that two new positions have been created with the goal of providing clients with full-time, real-time insight into technological trends and developments relative to their industry sectors. Filling the key industry advisory positions will be Robert C. Raciti, Ph.D. and Ron Stevenson, each of whom is recognized for his expertise and knowledge of innovative, groundbreaking technologies.

business unit
tags
Press Release

Funding from GE Commercial Finance, Franchise Finance Facilitates Acquisition of Taco Bueno; Palladium Equity Partners Take Over Rapidly Growing Mexican Food Chain

November 15, 2005

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Nov. 15, 2005--In its third transaction involving Taco Bueno since 2001, GE Commercial Finance, Franchise Finance has arranged financing for the acquisition of the popular chain by New York-based Palladium Equity Partners.

business unit
tags
Press Release

GE Commercial Finance Healthcare Financial Services Closes $40 Million Financing Deal with Formation Capital, LLC

November 10, 2005

CHICAGO--(BUSINESS WIRE)--Nov. 10, 2005--GE Commercial Finance Healthcare Financial Services has provided a $40 million five-year term loan to an entity related to Formation Capital, LLC, an Alpharetta, Ga.-based firm that invests equity in the senior housing and care industry. The firm also tapped the GE group to recapitalize two portfolios.

business unit
tags
Press Release

Saxon Revs Up Sales Effort With Consumer Financing From GE; GE's Retail Sales Finance Unit to Support FUNancing Program

November 08, 2005

ST. PAUL, Minn.--(BUSINESS WIRE)--Nov. 8, 2005--Saxon Motorcycle Company, a manufacturer of quality custom choppers and pro street motorcycles, has announced a new consumer financing program in cooperation with GE Consumer Finance.

The FUNancing program will provide installment lending to Saxon's nationwide dealer network. Saxon customers will now have access to the competitive rates, attractive terms, and special promotions the FUNancing program offers.

business unit
tags
Subscribe to GE Capital