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Press Release

GE Capital Bank Named a Best Savings Account by MONEY® Magazine

November 04, 2013

November issue cites banks with the highest interest rate and no transaction fees or minimum balances

SALT LAKE CITY, UT --- GE Capital Bank's online bank, launched earlier this year, was named a best savings account in the U.S. in MONEY® magazine's "Best Banks 2013" list.


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GE Capital Provides $22.5 Million in Marine Fleet Financing to Laborde Marine

October 30, 2013

NORWALK, CT -- November 1, 2013 -- GE Capital, Corporate Finance today announced it provided $22.5 million in equipment financing to Laborde Marine. The funds refinance existing debt used to purchase five new crew boats.


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GE Capital Introducing Enhanced Business Assessment Tool for Restaurant Operators

October 30, 2013

Upgraded SmartChart™ to premier at Restaurant Finance & Development Conference Nov. 4-6 in Las Vegas

SCOTTSDALE, AZ, OCT. 30, 2013 --- GE Capital, Franchise Finance (GEFF) will be demonstrating cutting-edge enhancements to GE SmartChart™ at the Restaurant Finance & Development Conference Nov. 4-6 in Las Vegas. SmartChart is a digital tool that can help restaurant owners manage and build their businesses by allowing comparisons of numerous metrics, such as cost of goods sold (COGS) and utilities, among others.


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GE Capital, Financement de franchises hausse le montant du financement accordé à Original Joe's pour ses projets d'expansion

October 28, 2013

MONTRÉAL (QC), 28 OCT. 2013 --- La division canadienne de Financement de franchises de GE Capital a annoncé aujourd'hui qu'elle a accordé à Original Joe's Franchise Group Inc. (OJ's) et à Franworks, la société mère, une facilité de crédit garantie de premier rang élargie de 49 millions $. GE Capital, Canada a agi à titre de prêteur et d'arrangeur principal de la facilité de crédit.


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GE Capital, Franchise Finance Provides Original Joe's with Credit Increase to Fund Expansion

October 28, 2013

MONTREAL (QC), OCT. 28, 2013 --- GE Capital's Canadian Franchise Finance business announced today that it has provided Original Joe's Franchise Group Inc. (OJ's) and parent company Franworks Franchise Corp. with an expanded, $49 million senior credit facility. GE Capital, Canada served as lender and sole lead arranger of the facility.


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GE Capital, Financement de franchises accorde 14,5 millions $ à Temple Hotels Inc. pour l'acquisition d'un hôtel à Ottawa-ouest

October 23, 2013

MONTRÉAL (QC) --- La division de Financement de franchises de GE Capital, Canada a annoncé aujourd'hui qu'elle a accordé 14,5 millions $ à Temple Hotels Inc. (TSX : TPH) afin d'appuyer l'acquisition de l'hôtel Holiday Inn Express à Ottawa-ouest, en Ontario.

L'établissement de six étages, lequel offre des services limités et compte 115 chambres, est situé à Ottawa-ouest, dans le quartier Nepean.


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GE Capital, Franchise Finance Provides $14.5 Million to Temple Hotels Inc. to Acquire Hotel in West Ottawa

October 23, 2013

MONTREAL (QC) --- GE Capital, Canada's Franchise Finance business announced today that it has provided $14.5 million to Temple Hotels Inc. (TSX: TPH) to support the acquisition of a Holiday Inn Express in Ottawa West, Ontario.

The six-story, limited-service property, which has 115 guestrooms, is located in the West Ottawa neighbourhood of Nepean.


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GE Capital Sees Improving Landscape Industry Ahead of Upcoming GIE+EXPO in Louisville

October 22, 2013

Expanding wholesale and retail lending to support industry's growth

CHICAGO, IL --- Improved weather conditions and a promising economic situation are two of the reasons for the positive outlook for the U.S. lawn and landscape industry, said GE Capital. Both GE Capital's wholesale and retail lending businesses will participate in the upcoming GIE+Expo 2013 in Louisville, KY.


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GE Capital and Clean Energy Form Strategic Alliance to Accelerate Adoption of Natural Gas in Trucking Industry

October 21, 2013

IRVING, TX, and NEWPORT BEACH, CALIF. --- GE Capital's Transportation Finance business and Clean Energy Fuels Corp.[NASDAQ: CLNE], the largest provider of natural gas fuel for transportation in North America, have entered into a strategic alliance to accelerate the conversion of heavy-duty trucking fleets from diesel to cleaner-burning, less-expensive natural gas.


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GE Capital Fleet Services Launches On-site and Mobile Maintenance Support for its Truck Customers

October 21, 2013

EDEN PRAIRIE, Minn.--Monday, October 21, 2013-- GE Capital Fleet Services today announced an agreement with Amerit Fleet Solutions, the leading U.S. provider of contract vehicle maintenance, to provide truck and specialty equipment fleets with two new, nationwide offerings through GE's TruckVantage fleet management service: on-site and mobile maintenance.


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