MISSISSAUGA, ON --- GE Capital's Commercial Distribution Finance (CDF) business is adding resources to support Canadian manufacturers and dealers of agricultural equipment. Through increased credit capacity and an expanded, experienced sales force, CDF plans to significantly grow its presence in this important sector of the economy.
CHICAGO, IL --- GE Capital's Commercial Distribution Finance (CDF) business announced today an extension through 2016 of its dealer finance programs with Brunswick Corporation in the U.S. and Canada. This extension will provide Brunswick's dealer network with inventory financing for its boat brands as well as Mercury Marine engines.
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$40 million of inventory working capital will fuel growth
CHICAGO, IL --- GE Capital's Commercial Distribution Finance (CDF) business announced today that it has established a $40 million inventory and working capital financing credit facility for ASI System Integration, Inc. (ASI), a technology consulting service based in New York, N.Y. that works with corporate, public sector and reseller clients.
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GE Capital forecasts 8 percent growth in U.S. marine industry
CHICAGO, IL --- In light of an improving consumer outlook, more than half (51 percent) of marine industry survey participants say the best time to increase inventory levels is right now to be fully stocked for the spring selling season, according to results released today by GE Capital, Commercial Distribution Finance (CDF).
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CHICAGO, IL --- With consumer demand indicators picking up, participants in the music instrument industry are optimistic about higher retail sales this year, according to January survey results released today by GE Capital, Commercial Distribution Finance (CDF), a leading provider of financing to music dealers.
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GE Capital continues as the preferred provider of inventory financing for dealers of Jacobsen products, including commercial turf maintenance equipment and related products
CHICAGO, IL --- GE Capital's Commercial Distribution Finance (CDF) business announced today that it will continue to be the preferred provider of inventory financing for Jacobsen dealers in the U.S. and Canada. Jacobsen has been a GE customer since 2010. Headquartered in Charlotte, N.C., Jacobsen produces commercial turf maintenance equipment and related products such as utility vehicles, sprayers and aerators.
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Channel cash flow challenges may also drive more M&A
CHICAGO, IL --- GE Capital's Commercial Distribution Finance (CDF) business saw an increase of more than 10 percent in financing volume in the information technology (IT) channel in 2012, and it expects that trend to continue this year. This is, in part, because of wider adoption of manufacturer-approved financing programs that offer inventory working capital within the IT industry, both domestically and internationally, easing cash flow challenges for value-added resellers (VARs), distributors and system integrators.
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GE Capital is optimistic about the outlook for the music instrument industry
CHICAGO, IL ― As the National Association of Music Merchants (NAMM) prepares for its annual winter show, GE Capital's Commercial Distribution Finance (CDF) business said it is optimistic about the outlook for the music instrument industry.
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Supports outdoor power equipment dealers across North America with private-label inventory financing
CHICAGO, IL --- GE Capital's Commercial Distribution Finance (CDF) business announced today that it will continue to be the exclusive provider of inventory financing for the Husqvarna Group's independent dealer network in the U.S. and Canada. Headquartered in Charlotte, N.C., Husqvarna manufactures a variety of outdoor power products, including chainsaws, trimmers, lawn mowers and garden tractors.
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Marine purchasing cooperative represents 40+ brands
CHICAGO, IL --- GE Capital's Commercial Distribution Finance (CDF) business announced today it has signed an enhanced strategic floorplan financing agreement with Independent Boat Builders, Inc. (IBBI), a major U.S boat manufacturer buying group. The program covers 21 manufacturers that sell more than 40 brands. Cumulatively, IBBI manufacturers sell more boats in the U.S. than any other entity.