GE Capital
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Features
Dealers add more boats, seek larger lines of credit from floorplan financing
As the economy and the marine industry have improved over the past few years, the floorplan financing market has followed…
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Wells Fargo completes acquisition of GE Capital CDF Asia
Wells Fargo & Company announced Friday it has completed the purchase of the Asia segment of GE Capital’s Commercial Distribution…
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Wells Fargo buying GE Capital Commercial Distribution Finance
1:32 pm Updated with comment from Marine Group president Bruce Van Wagoner GE will sell a $30 billion piece of…
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Report: Wells Fargo near deal to buy GE loan portfolio
Wells Fargo is the frontrunner to buy several parts of the GE Capital portfolio, including Commercial Distribution Finance, Reuters reported.…
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Top Stories
Weekly 5: Mandatory life jackets would reduce deaths by 80 percent, study says
The BI Weekly 5 is a collection of tips, news and data affecting the boating industry this week. Be sure…
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Brunswick Corporation and Commercial Distribution Finance renew inventory finance agreement through 2019
Brunswick Corporation (NYSE: BC) today announced an extension of its joint venture with Commercial Distribution Finance (GECDF), a division of…
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Wells Fargo still interested in GE Capital assets, CFO says
Wells Fargo would still like to acquire more of GE Capital’s lending assets, but expects competition to be tough, the…
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GE Capital expands inventory finance program with Bass Pro Shops
GE Capital, Commercial Distribution Finance (CDF) has expanded its inventory financing program with Bass Pro Shops and Tracker Marine to…
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GE starts bidding process for commercial lending operations
General Electric has launched the bidding process for the U.S. portions of its dealer financing and corporate finance business, Dow…
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Reports: Wells Fargo emerges as GE suitor
Wells Fargo has emerged as an early candidate to purchase GE Capital’s $74 billion commercial lending and leasing portfolio, according…
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News
GE to sell most of GE Capital business
In what the company says is a move to simplify its operations, GE announced Friday that it would be selling…
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GE Survey: Optimism reigns in marine industry
Nearly 80 percent of the marine industry expects to see their sales grow by 5 to 10 percent, according to…
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