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Press Release

New Bill Payment and Check Cashing Kiosk Expected to Drive Increased Store Traffic and Sales; QuikTrip and CashWorks Team to Rollout New Easy-to-Use Kiosk

May 03, 2005

FRISCO, Texas--(BUSINESS WIRE)--May 3, 2005--Providing customers with financial service options such as bill payment and check cashing draws customers into a store on a regular basis. Now CashWorks, a GE Consumer Finance company, is offering both bill payment and check-cashing services through its new mini-kiosk platform.


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Press Release

Universal Trailer Corp. and GE Announce Credit Program; Largest U.S. Maker of Specialty Trailers Adds Consumer Financing Option

May 02, 2005

ST. PAUL, Minn.--(BUSINESS WIRE)--May 2, 2005--Universal Trailer Corporation, the leader in the $2 billion specialty enclosed trailer market, has announced that it will partner with GE Consumer Finance's Retail Sales Finance unit to offer a new private label credit card program.


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GE Insurance Solutions To Cooperate With SEC Reinsurance Investigation

May 02, 2005

FAIRFIELD, Conn.--(BUSINESS WIRE)--May 2, 2005--General Electric today said it received a subpoena from the New York Regional Office of the Securities & Exchange Commission on Friday, April 29. The subpoena, which seeks documents relating to "certain loss mitigation insurance products," is general in nature. GE will cooperate fully with the SEC.


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GE Commercial Finance Names Leader for Steel, Metals

April 27, 2005

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--March 3, 2005--Bay Area Beverage Company, the exclusive distributor of branded beverages in Alameda and Contra Costa (Calif.) counties, recently completed a $50 million deal with GE Commercial Finance, Franchise Finance (GEFF) to support the growth of the company.


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Ariba Adds GE vPayment Tool to Ariba Supplier Network; Settlement Option Enables Ariba Buyer Customers to Increase Visibility and Control Over Supplier Payments

April 26, 2005

SUNNYVALE, Calif., & SALT LAKE CITY--(BUSINESS WIRE)--April 26, 2005--Ariba(R), Inc. (Nasdaq: ARBA), the leading spend management solutions provider, has integrated vPayment, an electronic settlement tool, into the Ariba(R) Supplier Network(TM). The new payment option, supported by GE's Corporate Payment Services unit, will enable Ariba Buyer customers to further automate, expedite and control their spend management processes. The integration will also help customers reduce processing time and costs, and maximize collaboration with a global network of trading partners.


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A Bright and Powerful Idea: San Diego Schools Get Power-Generating Roofs from Los Angeles-Based Solar Integrated Technologies; GE Commercial Finance Energy Financial Services Makes It Possible

April 25, 2005

LOS ANGELES--(BUSINESS WIRE)--April 25, 2005--Roofs that generate solar electricity are covering San Diego schools in an innovative project that Solar Integrated Technologies and GE Commercial Finance Energy Financial Services announced today. The solar panels, which double as roofs, are manufactured by Solar Integrated, a Los Angeles company listed on the London Stock Exchange AIM (SIT.LN).


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Aerospace and Automotive Provider Expands into North America with Help from GE Commercial Finance

April 20, 2005

NORWALK, Conn.--(BUSINESS WIRE)--April 20, 2005--

GE Commercial Finance, Commercial & Industrial Finance Closes EUR 200 Million Agreement with Mecachrome International Inc.

After relocating its headquarters from Paris to Montreal, Mecachrome International Inc. is making its move into the North American market with the help of GE Commercial Finance, Commercial & Industrial Finance (CIF)(NYSE: GE).


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GE Commercial Finance's Energy Financial Services Expands Coal Industry Financing - Announces Two Transactions

April 19, 2005

STAMFORD, Conn.--(BUSINESS WIRE)--April 19, 2005--Expanding its financial services for the growing coal industry, GE Commercial Finance's Energy Financial Services announced today it had provided refinancing capital to Oxford Mining Company headquartered in Coshocton, Ohio and a $65 million credit facility for CAM Holdings, LLC, based in Pikeville, Kentucky.


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GE Commercial Finance Agrees to Acquire Bombardier Capital's US$2.2 Billion Inventory Finance Division

April 18, 2005

STAMFORD, Conn.--(BUSINESS WIRE)--April 18, 2005--GE Commercial Finance, the business-to-business financial services unit of the General Electric Company (NYSE: GE), today announced that it has agreed to acquire Bombardier Capital's Inventory Finance Division (BCIFD).


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GE Commercial Finance Provides $65 Million CAD Senior Secured Revolving Credit Facility to Rep-Pharm

April 14, 2005

TORONTO--(BUSINESS WIRE)--April 14, 2005--GE Commercial Finance Corporate Lending today announced it has provided a $65 million CAD senior secured revolving credit facility to leading Canadian pharmaceutical distributor Rep-Pharm. The financing, which closed on Feb. 18, replaces an existing facility previously arranged by GE Commercial Finance. GE Commercial Finance is the sole lead agent for the facility and will hold the entire amount.


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