Over $11 billion in office imaging equipment financed since 2004
IRVING, TX --- GE Capital announced today a five-year extension of its financing agreement with Ricoh Americas Corporation (RAC) through September 2019 in the U.S. and Canada. RAC is part of Ricoh, a global technology company specializing in office imaging (OI) equipment, production print solutions, document management systems and IT services. GE Capital provides comprehensive leasing for RAC's products and services.
Eden Prairie, Minn. -- March 12, 2014 -- GE Capital Fleet Services today unveiled GE Monitor Asset Tracking, a telematics solution that allows fleet managers to track, in real-time, powered and non-powered assets such as trailers, forklifts, key equipment and generators. This new solution provides a simple, quick and reliable way for fleet managers to identify the exact location of the tools necessary for successfully operating their business.
SCOTTSDALE, AZ --- GE Capital's Franchise Finance business announced today that it has provided $80 million in senior debt to BurgerBusters Inc., a Taco Bell franchisee. GE Capital served as administrative agent and GE Capital Markets served as lead arranger and bookrunner on the transaction.
BurgerBusters will use the capital to refinance existing debt and to purchase some of its restaurant locations. Based in Virginia Beach, VA, it operates 83 Taco Bell restaurants.
Tweet this story: #Buses in high demand by specialty vehicle buyers, according to new survey results from @GEInventoryFin (http://invent.ge/1fKOHzJ)
CHICAGO, IL --- Mini buses, limo buses and coaches are expected to be in high demand by specialty vehicle buyers in 2014, according to a new survey by GE Capital, Commercial Distribution Finance (CDF). CDF is a major provider of financing for manufacturers and dealers of specialty vehicles including buses, mobility vans, emergency vehicles and more.
Improving economic indicators ease concerns about consumer demand
CHICAGO, IL --- More than half (54.7 percent) of marine industry participants expect sales to increase five percent to 10 percent this year, according to survey results released today by GE Capital, Commercial Distribution Finance (CDF). That's up from the 43 percent who expected growth in that range last year.
That sentiment tracks closely with CDF's forecast of eight percent growth for the U.S. marine industry in 2014.
GE Capital's Telecom, Media and Technology Business Recaps Busy 2013
Provides more than $5.5 billion over 59 deals across TMT spectrum
BETHESDA, MD -- FEB. 26, 2014 --- GE Capital, Healthcare Financial Services, announced today that it has recently provided a $2.5 million senior secured credit facility to SynGen, Inc., a medical device company with a 510(k) approved bench-top system for isolating stem cells from umbilical cord blood, peripheral blood and bone marrow. GE Capital, Healthcare Financial Services is acting as administrative agent for the credit facility.
CHICAGO, IL --- GE Capital, Commercial Distribution Finance (CDF) announced today that it will provide financing to information technology (IT) solution providers that are part of the AT&T Partner Exchange(SM) reseller program. The program helps solution providers create custom solutions for their business customers by bundling AT&T's advanced mobility, cloud and IP networking solutions with hardware, software and managed services.
CHICAGO --- Feb. 19, 2014 --- GE Antares, a unit of GE Capital, announced today it closed more than 170 senior loan transactions with corporate borrowers across 90 private equity firms, totaling over $13 billion in financing in 2013 and retaining its position as the most active lender to PE-backed middle market companies.
