GE Capital is one of the most common sources of commercial finance, and a leader in the capital lending industry. CRE Lender works directly with commercial loan providers like GE Capital, connecting you with more opportunities to acquire commercial financing at affordable rates and flexible repayment terms.
But many people follow what companies like GE Capital do, because GE – like other large companies – is often one of the trend leaders in commercial finance. The following is some recent news in GE commercial finance, along with information about applying for funding from GE.
News From GE Capital
Like many large companies, GE Capital is somewhat tight lipped about its services and products. But some of the updates that have been released to the public include:
- GE Closes 7.5 Million Term Loan – Though a few years old, GE announced that it closed a 7.5 million dollar loan for a pharmaceutical company, known as “Trimel Pharmaceuticals.” Trimel provides a broad range of pharmaceuticals, including those for hypogonadism and respiratory disorders. Trimel is currently struggling in the stock market with shares at less than 20% of their peak but still in operation.
- GE Provides 75 Million in Credit to Toy Designer – In March of 2014, GE Capital provided 75 million dollars in capital to JAKKS Pacific, a toy designer with licenses to produce toys with Disney characters, Warner Bros, DC Comics and Hello Kitty, among many others. JAKKS has struggled since late 2012 but is still a profitable company, earning nearly $1,000,000,000 in revenue in 2013.
- GE Capital Grows its Real Estate Portfolio – GE Capital’s commercial real estate lending profile, through companies like Arden Realty and related sub-corporations, currently owns over 40 billion in global real estate in over 16 countries as of April 2014.
While there may not be a lot of recent news in GE commercial finance, this General Electric company remains one of the leading lending and property management companies in the United States, in addition to their countless other finance services.
Those that are considering GE Capital – or any commercial finance lender – for their own lending needs are strongly encouraged to sign up with CRE Lender today. We put you in touch with the best lenders currently available – those that are going to offer you the best possible rates for your business and connect you to individuals that will turn your dream into a reality.
Sign up with CRE Lender today to find out more.
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