GE Commercial Finance is a unit of GE Capital, (one of five major operating divisions of General Electric). Headquartered in Norwalk, Connecticut, USA, it plays a role in over 35 countries and had assets of over US$335 billion at year end 2007.
As part of GE Capital, it offers products such as revolving lines of credit, floorplan finance, equipment leasing of various forms, real estate services, and car fleet management. The industries served include healthcare, manufacturing, fleet management, communications, construction, energy, aviation, infrastructure and equipment, as well as many others.
In December 2006 GE Commercial Finance acquired the Dutch financial institution Banque Artesia Nederland N.V which now trades under the name GE Artesia Bank.
Famous quotes containing the words commercial and/or finance:
“There is every reason to rejoice with those self-styled prophets of commercial disaster, those harbingers of gloom,
Over the imminent lateness of the denouement that, advancing slowly, never arrives,
At the same time keeping the door open to a tongue-in-cheek attitude on the part of the perpetrators....”
—John Ashbery (b. 1927)
“There is an enormous chasm between the relatively rich and powerful people who make decisions in government, business, and finance and our poorer neighbors who must depend on these decisions to alleviate the problems caused by their lack of power and influence.”
—Jimmy Carter (James Earl Carter, Jr.)