CHICAGO --- GE Antares, a unit of GE Capital, announced today it is serving as administrative agent on a $80 million senior secured credit facility to support the acquisition of OneTouchPoint by ICV Partners. GE Capital Markets served as sole lead arranger and sole bookrunner on this facility.
Eden Prairie, Minn. -- A recent GE Capital Fleet Services survey indicates businesses that provide company cars are more likely to retain employees than those that reimburse personal vehicle usage for work purposes. Notably, 87 percent of current company car users and 63 percent of personal vehicle users would not consider another company if it did not offer a company vehicle.
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SHANNON, Ireland, September 16, 2014 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, today announced that its engine leasing unit completed a purchase-and-leaseback transaction with TUI Travel for two new GEnx engines. The engines will be used as spares to support the TUI Travel airlines' Boeing 787 fleet.
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New integration with e-automate® and OMD® systems means more efficient meter processing
MOBERLY, MO, SEPT. 15, 2014 --- GE Capital's Office Imaging (OI) business announced today that it will provide OI dealers who use the e-automate® or OMD® systems with the ability to automatically submit customers' meter readings and receive customer payment information with no manual intervention. The goal of the integration is to help OI dealers save time and money.
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CHICAGO --- GE Antares, a unit of GE Capital, announced today it is serving as administrative agent on a senior secured credit facility to support the acquisition of Uintah Engineering & Land Surveying by Norwest Equity Partners. GE Capital Markets served as joint lead arranger and joint bookrunner on this facility.
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CHICAGO - The recreational vehicle (RV) industry continues to experience strong and steady growth, according to performance data from GE Capital, Commercial Distribution Finance (CDF), a major provider of financing to the industry. Early headwinds this year including the unusually cold weather that impacted manufacturing and transportation issues that slowed down shipments haven't derailed the positive trajectory of the industry.
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CHICAGO, IL -- The motorsports industry, which includes motorcycles, all-terrain vehicles (ATV), utility-terrain vehicles (UTVs), snowmobiles, and personal watercraft, is healthy and growing, according to performance data from GE Capital, Commercial Distribution Finance (CDF), a leading provider of financing to motorsports dealers. Dealer financing volume is up almost 13% through June, reflecting healthy, more confident dealers, and steady improvement in the overall economy.
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SHANNON, Ireland, September 3, 2014 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, announced it added a new aircraft type to its owned fleet with the completion of a purchase-and-leaseback transaction with Nok Air involving two new Bombardier Q400 NextGen turboprops.
The first aircraft delivered to Nok Air on 26 August 2014 and the second is scheduled for delivery in September.
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Les secteurs sports motorisés et véhicules récréatifs connaissent un bel essor alors que les détaillants de produits nautiques se concentrent sur la gestion de leurs stocks
Mississauga, ON, 29 --- La société Financement commercial aux détaillants (CDF) de GE Capital constate des tendances positives au niveau des industries canadiennes des sports motorisés et des véhicules récréatifs (VR) en ce premier semestre de l'année, tandis que l'industrie nautique connaît un léger ralentissement après la croissance accélérée de l'année dernière.
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Motorsports & RV surge ahead while marine dealers focus on managing inventory
Mississauga, ON --- GE Capital's Commercial Distribution Finance (CDF) business sees positive trends in the Canadian motorsports and recreational vehicle (RV) industries through the first half of the year, while the marine industry is experiencing a slight slowdown after last year's accelerated growth.