NORWALK, CT, July 11, 2014 --- GE Capital's Telecom, Media and Technology (TMT) financing business announced today that sell-side analyst Raj Seth has joined as managing director and senior technology analyst. Seth brings more than 20 years of technology industry experience to a team delivering comprehensive lending solutions to middle market technology companies.
In 2013, TMT provided more than $5.5 billion over 59 deals, including $1.5 billion to technology businesses.
CHICAGO, IL -- GE Capital, Commercial Distribution Finance (CDF) announced today it has extended its inventory financing program with Bass Pro Shops through 2018. Bass Pro Shops, which owns boat manufacturer Tracker Marine Group, will use CDF funding to stock Tracker products in its 84 retail locations and to support programs for its network of independent dealers in North America. Bass Pro Shops has been a CDF customer for more than 25 years.
MISSISSAUGA, ON -- Les détaillants, les fabricants et les fournisseurs d'équipements agricoles prévoient une saison des récoltes meilleure ou similaire à celle de l'année dernière, ce qui devrait avoir une incidence positive sur les ventes d'équipements, selon les conclusions d'un sondage publiées aujourd'hui par la filiale GE Financement commercial aux détaillants (CDF) de GE Capital.
MISSISSAUGA, ON -- Dealers, manufacturers and suppliers of agriculture equipment are expecting a better or similar harvesting season compared to last year, which should positively impact equipment sales, according to survey results released today by GE Capital's Commercial Distribution Finance Canada (CDF) business.
IRVING, TX, JULY 9, 2014 --- GE Capital, Equipment Finance, a long-time provider of wholesale and retail financing to equipment manufacturers, named Matt LeSage its new chief commercial officer. He reports to Diane Cooper, president of the business.
GE --- the global provider of solutions in energy, health and home, transportation and finance --- employs 1,500 people in the Dallas-Fort Worth area. The largest portion, 40%, is part of GE Capital's Equipment Finance business.
Provides floorplan financing to 400+ independent dealers
CHICAGO, IL --- GE Capital's Commercial Distribution Finance (CDF) business announced today that it will begin providing floorplan financing to dealers that stock Sharp Electronics Corp.'s office imaging (OI) equipment. CDF has been providing financing to Sharp's consumer electronics dealers for 25 years.
CHICAGO, IL -- GE Capital, Corporate Finance today announced it is providing Lagunitas Brewery with a $20 million credit facility to equip the company's new Chicago brewery.
Lagunitas, founded in 1991 and headquartered in Petaluma CA, is one of the nation's fastest-growing craft brewers. The company is opening a 600,000-barrel capacity brewery in the Douglas Park neighborhood of Chicago, where it held a ribbon-cutting ceremony on June 17, 2014.
IRVING, TX, JUNE 19, 2014 --- GE Capital's Equipment Finance business announced today that it has launched a financing program for commercial and municipal customers of Generac Power Systems, Inc. [NYSE: GNRC]. Based in Waukesha, WI, Generac supplies standby power systems for residential, commercial and industrial customers.
Under this program, GE Capital provides loan and lease financing options for customers who purchase commercial and industrial generators. The financing is available for purchases made through distributors as well as Generac's authorized dealers.
Free "Summer of Learning" program helps entrepreneurs hone crucial skills
IRVING, TX, JUNE 19, 2014 --- GE Capital, Equipment Finance, a leader in providing financing programs for equipment manufacturers through large dealer networks, is launching a series of free webinars to help these entrepreneurial business leaders sharpen skills related to selling products and hiring employees. The "Summer of Learning" series is applicable to equipment dealers in construction, lift machines, office imaging, information technology, medical equipment and commercial trucking.
NORWALK, CT -- GE Capital, Corporate Finance today announced it is serving as administrative agent on a $160 million revolving credit facility for Huttig Building Product Inc. (NASDAQ: HBP). The new facility refinances existing debt and provides an additional $40 million in financing to support future growth. GE Capital Markets served as co-lead arranger.
