Allows manufacturers to analyze performance of dealer networks
HOFFMAN ESTATES, IL -- GE Capital, Commercial Distribution Finance (CDF) today announced upgrades to the Customer Online Management System (COMS), its proprietary inventory management tool. In response to user feedback, the newest version provides manufacturers with their most-requested enhancements. These new capabilities make it easier and faster for them to manage the inventory financing programs with their dealer networks.
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SHANGHAI, November 7, 2011 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing unit of GE, announced delivery of a new Airbus A320 to Chinese low-cost-carrier Spring Airlines. The aircraft comes from GECAS' existing order book with Airbus.
Spring Airlines operates a fleet of some 24 aircraft to 21 destinations in China as well as Japan and Macau. GECAS delivered two other new A320s on lease to Spring Airlines earlier this year.
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London 4 November 2011: GE Capital, one of Europe's leading providers of asset based lending, today announced that it has agreed a new £15m financing deal with commercial tyres distributor, Kings Road Tyres. The deal builds on GE Capital's strong focus on the automotive sector, following on from a €125million pan-European deal with IAC Group earlier in the year and other long-standing relationships with companies such as Triumph and Jaguar Land Rover.
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SINGAPORE, November 4, 2011 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing unit of GE, announced delivery of two new Airbus A320 aircraft to the Philippine's Cebu Air, Inc.
The aircraft come from GECAS' existing order book with Airbus and will assist with the airline's rapid growth. Cebu Pacific Air operates a fleet of some 40 aircraft to 34 domestic destinations and 16 international destinations in 10 countries.
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Eden Prairie, Minn. -- November 3, 2011 -- GE Capital Fleet Services announced today it has identified $68 million of cost savings for customers in the third quarter of 2011. GE Capital works with customers to analyze their fleets to help them determine areas to reduce costs and maximize efficiency. In the first three quarters of 2011, GE Capital Fleet Services has identified more than $191 million in customer cost savings.
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Mumbai, November 3, 2011: GE Capital announced today that the company is expanding its leasing business in India and aiming for exponential increase in leasing business volume in 2012. GE Capital India is entering into new leasing asset areas and expanding its existing presence in the automotive and equipment leasing for corporate organizations.
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Funds refinancing of debt
GE Capital, Franchise Finance recently provided Raising Cane's® Chicken Fingers a $25 million revolving line of credit, refinancing the company's existing facility and amending a $21.6 million term loan. Funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.