GE Commercial Finance
GE Commercial Finance is a topic that has been the subject of study, debate and reflection throughout history. Its importance and influence are reflected in different aspects of society, culture and human development. Since its origins, GE Commercial Finance has aroused curiosity and has been the subject of research in various disciplines, which has allowed us to expand our understanding of it. In this article, we will explore the different aspects related to GE Commercial Finance, from its impact on everyday life to its relevance in broader contexts. Through a detailed analysis, we will seek to unravel the mysteries and complexities surrounding GE Commercial Finance, aiming to provide a comprehensive and enriching vision on this topic.
| Company type | Division of GE Capital |
|---|---|
| Industry | Financial |
| Defunct | November 18, 2008 |
| Fate | Merged into GE Capital |
| Headquarters | , United States |
| Total assets | US$335 billion (2007) |
| Subsidiaries | Banque Artesia Nederland N.V. (now GE Artesia Bank) |
GE Commercial Finance was a unit of GE Capital,[1] (one of five major operating divisions of General Electric). Headquartered in Norwalk, Connecticut, United States, 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. Operations of GE Commercial Finance were eventually merged directly into GE Capital.[2][3]
GE Commercial Finance acquired the Dutch financial institution Banque Artesia Nederland N.V. in December 2006 which now trades under the name GE Artesia Bank.
References
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