HOFFMAN ESTATES, IL -- GE Capital's Commercial Distribution Finance (CDF) business today announced that it will provide $40 million in inventory financing and working capital to Redapt, Inc., a data center infrastructure solutions provider and hardware reseller based in Redmond, WA.
NORWALK, Conn.--05 March 2012-- GE Capital, Corporate Finance today announced it is co-collateral agent on a $100 million asset-based revolving credit facility for Federal Signal Corporation (NYSE: FSS), a leading designer and manufacturer of safety and security products and systems. The financing will be used to refinance debt and provide working capital.
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NORWALK, Conn.--01 March 2012-- GE Capital today announced it served as administrative agent on a $65 million senior secured first lien credit facility for Paradigm Management Services. The funds were used to support the acquisition of Paradigm by Lightyear Capital. GE Capital Markets acted as joint lead arranger and joint bookrunner.
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BETHESDA, Md.--01 March 2012-- GE Capital, Healthcare Financial Services announced today that it agented a $15 million multi-draw senior secured term loan facility to BG Medicine, Inc. The financing will help support commercialization efforts and provide additional growth capital.
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Consumers expected to spend on lower-cost models
HOFFMAN ESTATES, IL -- After several choppy years, marine industry participants believe they're heading in the right direction, according to survey results released today by GE Capital's Commercial Distribution Finance (CDF) business.
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BETHESDA, MD -- February 28, 2012 --- GE Capital, Healthcare Financial Services announced today that it was sole lender and administrative agent on a $3 million multi-draw senior secured term loan facility to MedShape, Inc. The financing will be used for general working capital purposes.
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HOFFMAN ESTATES, IL -- GE Capital, Americas has launched a new quarterly Industry Research Update for the lawn, golf and turf equipment industries in advance of two important industry events, the Outdoor Power Equipment and Engine Service Association (OPEESA) Annual Meeting taking place Feb. 26-29 in Phoenix, and the Golf Industry Show (GIS) taking place Feb. 29-March 1 in Las Vegas.
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Montréal --- GE Capital, Financement de franchises a annoncé aujourd'hui qu'elle a récemment accordé une facilité de prêt à terme de 19 millions $ à Original Joe's Franchise Group, Inc. pour appuyer l'acquisition de tous les actifs d'Elephant & Castle Group, Inc. à la suite d'une faillite.
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Montreal --- GE Capital, Franchise Finance announced today that it has recently provided a $19 million senior term loan facility to Original Joe's Franchise Group, Inc. to support the acquisition of all of the assets of Elephant & Castle Group, Inc. out of bankruptcy.
Derek Doke, majority owner, Original Joe's Franchise Group, Inc., said, "We know from our existing relationship with GE Capital that they bring a lot of expertise in restaurant financing to each transaction. We are very pleased with this outcome."