NORWALK, Conn.--(BUSINESS WIRE)--March 21, 2005--GE Commercial Finance, Commercial & Industrial Finance (CIF) has announced the appointment of Pat Dowling as Industry Leader for the Aerospace & Defense market.
In his new role, Mr. Dowling will be responsible for expanding the global focus for CIF in the Aerospace & Defense industry. CIF will combine access to capital and industry expertise worldwide, through the use of traditional debt, leasing and alternative sources of liquidity to both public and private entities worldwide.
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STAMFORD, Conn.--(BUSINESS WIRE)--March 15, 2005
Wal-Mart (NYSE:WMT) and GE Consumer Finance (NYSE:GE) are launching two new credit cards on the Discover(R) Network -- one for business members of SAM'S CLUB and one for consumers. T
he new SAM'S CLUB(R) DISCOVER(R) will be available in all 552 SAM'S CLUB locations in April. Both cards offer members even more ways to save, and are issued by GE Consumer Finance.
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SAN DIEGO--(BUSINESS WIRE)--March 14, 2005--GE Commercial Finance, Global Electronics Solutions (GES) has expanded its global infrastructure and asset management services, spurring more than a 50 percent volume increase in the second half of 2004. The addition of three Fortune 500 integrated device manufacturers to its customer portfolio has also brought on additional sales growth.
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NORWALK, Conn.--(BUSINESS WIRE)--March 10, 2005--GE Commercial Finance Global Media & Communications announced today that it has closed a $345 million credit facility for ALM Media, Inc., as Administrative Agent. ALM Media, Inc. (formerly American Lawyer Media, Inc.) is a leading integrated media company, focused on the legal and business communities. The credit facility will be used to refinance existing debt and will also serve as liquidity for future strategic acquisitions by the company.
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NORWALK, Conn.--(BUSINESS WIRE)--March 8, 2005--GE Commercial Finance Global Sponsor Finance and Global Media & Communications together announced that they have named John Trentos as senior vice president, sponsor channel origination. In this capacity, he will be responsible for providing debt and lease financing for private equity sponsored transactions in the telecommunications, media and entertainment sectors.
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DANBURY, Conn. & ROCHESTER, N.Y.--(BUSINESS WIRE)--March 8, 2005--GE Commercial Finance Healthcare Financial Services signed a vendor financing agreement with Getinge USA, Inc., a subsidiary of Sweden-based Getinge AB - the world's leading manufacturer of sterilization/disinfection equipment and surgical products. Under the five-year agreement, GE Commercial Finance will offer its full range of equipment financing options to Getinge customers, which include operating and capital leases, loans and customized financing programs.
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NORWALK, Conn.--(BUSINESS WIRE)--March 3, 2005--GE Commercial Finance announced it has arranged $28 million in financing for Cypress Gardens Adventure Park. The funding was provided for industry entrepreneur Ken Buescher, who was the driving force behind the recent renovation and reopening. Mr. Buescher's dream to revive the long dormant Cypress Gardens, combined with GE Commercial Finance's expertise, has restored the grandeur of Florida's oldest theme park.