CHICAGO, IL ― GE Capital's Commercial Distribution Finance (CDF) business today announced its plans to exhibit at the inaugural American International Motorcycle Expo (commonly called AIMExpo), which kicks off Oct. 16th in Orlando, FL. Billed as the motorsports industry's first combination trade and consumer event in North America, it's an opportunity to meet with the manufacturers and dealers that are at the heart of the business.
BETHESDA, Md.--Tuesday, October 08, 2013--GE Capital, Healthcare Financial Services announced today that it is serving as administrative agent on a $115 million senior secured credit facility for Medical Depot, Inc., doing business as Drive Medical.
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NORWALK, Conn.--Monday, October 07, 2013-- GE Capital, Corporate Retail Finance today announced it is administrative agent and sole lender on a $100 million senior secured credit facility for Samuels Jewelers. The proceeds will be used to refinance existing debt and to support ongoing working capital needs. GE Capital Markets served as lead arranger.
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CHICAGO, IL --- GE Capital's Commercial Distribution Finance (CDF) business announced today that it plans to expand its inventory financing capabilities and coverage of the commercial foodservice and refrigeration industries across the U.S. and Canada. CDF has been providing inventory financing to the foodservice industry since 1995.
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NORWALK, Conn.--Monday, September 30, 2013--GE Capital, Corporate Finance today announced it is administrative agent and sole lender on a $110 million asset-based credit facility for Arthur Schuman, Inc., a leading cheese manufacturer and distributor.
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Extends 30-year relationship
IRVING, TX --- GE Capital's Transportation Finance business announced today that it has increased its credit facility for Rush Enterprises, Inc. (Nasdaq: RUSHA) (Nasdaq: RUSHB) to $750 million from $600 million. Rush, which operates the largest network of commercial vehicle dealerships in North America, will use the funds to purchase new and used truck inventory. GE Capital Markets served as the arranger on the transaction.
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SCOTTSDALE, AZ --- As Wendy's® restaurants undergo a total brand transformation --- which includes "re-imaging" existing restaurants and developing new ones as well as a new marketing, logo and packaging --- GE Capital's Franchise Finance (GEFF) business has provided a $100 million credit facility to finance qualified franchisees that want to update their restaurants.
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Industry executives expect business performance to be stronger in next 12 months
BETHESDA, MD - September 18, 2013 -- Healthcare services executives are looking at acquisitions to enable growth over the next 12 months, according to a survey released today by GE Capital, Healthcare Financial Services. Seventy-two percent of respondents expect their business performance to improve in the next 12 months.
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BETHESDA, Md.--Wednesday, September 18, 2013--GE Capital, Healthcare Financial Services, announced that it is serving as administrative agent on a $10 million senior secured multi-draw term loan for Sonitus Medical Inc.