CHICAGO -- GE Capital's Commercial Distribution Finance (CDF) business announced today it will be the strategic floorplan finance provider to Nautic Global Group, Inc. (NGG), a major U.S. boat manufacturer. The jointly developed program is available immediately to all Rinker, Hurricane, Godfrey Pontoon and Polar Kraft dealers in the U.S.
Extended terms help IT businesses drive profitability
CHICAGO -- GE Capital, Commercial Distribution Finance (CDF) today announced a new distribution finance program that allows HP reseller partners to extend their repayment terms when they buy certain HP products from select distributors.
The new finance program, which is available immediately, offers 60-day interest-free repayment terms to resellers who purchase products through U.S. distributors D&H Distributing, Ingram Micro, Synnex and Tech Data.
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Transmission audio VR mettant en vedette le président de l'Association des détaillants de véhicules récréatifs
Mississauga, ON -- GE Capital, Financement commercial aux détaillants (CDF) a publié ses perspectives sur les industries canadiennes des véhicules récréatifs (VR), sports motorisés et produits nautiques. Dans l'ensemble, le bilan de celles-ci est positif, présentant une croissance en termes de volume et un roulement des stocks relativement sain, malgré certaines variations régionales.
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Audiocast features Recreational Vehicle Dealers Association chairman
MISSISSAUGA, ON -- GE Capital, Commercial Distribution Finance (CDF) has released its outlook for the Canadian recreational vehicle (RV), motorsports and marine industries. In general, each is performing well, with volume growth and relatively healthy inventory turns, in spite of some regional variations.
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Leasingsource provides instant approvals on qualified leases
MOBERLY, MO -- GE Capital's Office Imaging (OI) business announces the launch of the mobile version of Leasingsource, its comprehensive online sales productivity tool. OI dealers will be able to submit and track deals using iPads and iPhones and receive credit approvals in minutes.
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CHICAGO--25 July 2012-- GE Antares, a unit of GE Capital, announced today it served as administrative agent on a $150 million senior credit facility to support the acquisition of Henry Company, LLC by a group of investors. Graham Partners led the acquisition, partnering with OceanBridge Partners; other investors included management and the former owners of the Company. GE Capital Markets served as sole lead arranger and bookrunner on the transaction.
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CHICAGO --- July 24, 2012 --- GE Antares, a unit of GE Capital, announced today it served as administrative agent on a $405 million senior credit facility to support the acquisition of Tank Holdings Corp. by Leonard Green & Partners. GE Capital Markets served as lead left arranger and joint bookrunner on the transaction.
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BETHESDA, MD -- July 23, 2012 --- GE Capital, Healthcare Financial Services announced today that it was administrative agent on a $60 million senior secured revolving credit facility for Diplomat Pharmacy, Inc. The proceeds will refinance the company's existing credit facility and be used for general corporate purposes. GE Capital Markets served as sole lead arranger and sole book runner on the facility.
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Eden Prairie, Minn., July 23, 2012 -- GE's Global Community Days effort kicks off in the Twin Cities on July 23 and will run through Aug. 15. During this initiative, GE partners with local non-profit organizations to complete volunteer projects to make an impact on the local community. This year, 170 GE employees will provide an estimated 1,100 volunteer hours across 12 events.
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Toronto (ON), July 19, 2012 -- GE Capital, Canada announced that it has refinanced the existing revolving term loan facility provided to Western Forest Products Inc. (TSX: WEF). The facility has been increased by $35 million to a total of $110 million.
With products sold in over 25 countries worldwide, Western is the largest coastal British Columbia woodland operator and lumber producer. Principal activities conducted by the company include timber harvesting, reforestation, sawmilling logs into lumber and wood chips and value-added remanufacturing.