BETHESDA, MD -- January 31, 2012 --- GE Capital, Healthcare Financial Services today announced it ended 2011 as one of the most active capital providers to the U.S. healthcare market, financing more than $7 billion to customers in over 200 transactions, and as the leading arranger of loans to U.S. healthcare middle-market companies.
77% of respondents say the best time to increase inventory levels is first half
IRVING, TX -- Construction equipment dealers are looking forward to improving trends in 2012 while acknowledging the challenges facing the industry, according to survey results released today by GE Capital, Dealer Finance.
Forty percent of respondents said they expect sales to increase 3%-5% this year, while 25% said they expect sales to increase 6%-8%. A full 77% said the best time to increase inventory is within the first half of 2012.
business unit
tags
NORWALK, Conn.--24 January 2012-- GE Capital, Corporate Finance today announced it is administrative agent on a $610 million asset-based credit facility for EVRAZ North America, a leading steel manufacturer. The loan will be used for working capital and general corporate purposes. GE Capital Markets served as joint lead arranger and joint bookrunner.
business unit
tags
Doubles sales force, reflecting better conditions in construction industry
IRVING, TX -- In advance of a busy trade show season, GE Capital, Dealer Finance announced that it is doubling its sales force to support growing retail and wholesale demand for construction equipment financing.
business unit
tags
Funds acquisition of 51 Jack in the Box units
SCOTTSDALE, Ariz.--17 January 2012-- GE Capital, Franchise Finance provided $18 million to Feast Foods, LLC, a Jack in the Box franchisee. The financing includes a $16.3 million term loan for the acquisition of 51 Jack in the Box units in Washington, Idaho and Oregon and a $1.7 million development line of credit. Funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.
business unit
tags
SSLP Completes Approximately $3.9 Billion in Transactions During 2011
NORWALK, Conn. & NEW YORK--January 12, 2012---The Senior Secured Loan Program (SSLP), jointly managed by Ares Capital Corporation and an affiliate of GE Capital, announced today that it completed twelve financing transactions totaling more than $1.8 billion during the fourth quarter. Including refinancing commitments, the SSLP completed approximately $3.9 billion in transactions to middle market borrowers and private equity sponsors during 2011.
business unit
tags
- Healthy pipeline in place for 2012
- Customers seeing value beyond financing
NORWALK, Conn. --- GE Capital's Telecom, Media and Technology (TMT) financing business today announced it had completed 38 deals totaling $3.4 billion in financing during 2011.
"This has been an active year for financing across our industries," said Pete Foley, senior managing director of GE Capital's TMT team. "Despite continued uncertainty in the market, good transactions are being financed. It is encouraging to see these deals close and we remain optimistic about 2012."
business unit
tags
Funds real estate purchase and debt refinancing
SCOTTSDALE, Ariz.--10 January 2012-- GE Capital, Franchise Finance recently provided $11.9 million to BalRod Enterprises, Inc., a Wendy's franchisee. The facility is being used to refinance existing debt and to purchase real estate. A portion of the funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.
business unit
tags
NORWALK, Conn.--09 January 2012-- GE Capital, Corporate Retail Finance today announced it is administrative agent and sole lender on a $65 million asset-based credit facility for Navarro Discount Pharmacy, LLC, a leading Hispanic-owned community drug store retailer in the U.S. The financing will be used to refinance debt and for general corporate purposes.
business unit
tags
Funds new store development
SCOTTSDALE, Ariz.--08 December 2011-- GE Capital, Franchise Finance provided $2.8 million in financing to Four M Capital, LLC, a Buffalo Wild Wings Bar and Grill® franchisee. The funds will be used for two new store openings and to supplement an $8.7 million financing in 2010 which was used for new unit development and refinancing. Funding was provided through GE Capital, Franchise Finance's bank affiliate, GE Capital Financial Inc.