GE Capital is providing a $20 million facility for Govplace, a Reston, VA-based provider of enterprise information technology (IT) solutions to public sector clients.
HOFFMAN ESTATES, IL ― GE Capital's Commercial Distribution Finance (CDF) business today announced a $20 million facility for Govplace, a Reston, VA-based provider of enterprise information technology (IT) solutions to public sector clients.
Funds recapitalization of The Beekman Group portfolio company
SCOTTSDALE, Ariz.--06 December 2011-- GE Capital, Franchise Finance recently provided a $21.5 million credit facility to The Beekman Group's portfolio company, TBG Food Acquisition Corp. (TBG FAC), a Dunkin' Donuts franchisee operating company. The facilities include an $18.5 million term loan and a $3 million revolver. Part of the funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.
BETHESDA, Md.--05 December 2011-- GE Capital, Healthcare Financial Services announced today that it was the sole lender on a $10 million senior secured multi-draw term loan to InfraReDx, Inc., a medical device company committed to advancing the diagnosis and management of coronary artery and other vascular diseases. The financing will be used to help support product commercialization efforts.
Allows manufacturers to analyze performance of dealer networks
HOFFMAN ESTATES, IL -- GE Capital, Commercial Distribution Finance (CDF) today announced upgrades to the Customer Online Management System (COMS), its proprietary inventory management tool. In response to user feedback, the newest version provides manufacturers with their most-requested enhancements. These new capabilities make it easier and faster for them to manage the inventory financing programs with their dealer networks.
Eden Prairie, Minn. -- November 3, 2011 -- GE Capital Fleet Services announced today it has identified $68 million of cost savings for customers in the third quarter of 2011. GE Capital works with customers to analyze their fleets to help them determine areas to reduce costs and maximize efficiency. In the first three quarters of 2011, GE Capital Fleet Services has identified more than $191 million in customer cost savings.
Funds refinancing of debt
GE Capital, Franchise Finance recently provided Raising Cane's® Chicken Fingers a $25 million revolving line of credit, refinancing the company's existing facility and amending a $21.6 million term loan. Funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.
