The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from Business Wire

GE Capital Continues Decades of Lawn & Garden Industry Support at GIE+Expo

Tuesday, October 23, 2012

GE Capital Continues Decades of Lawn & Garden Industry Support at GIE+Expo08:00 EDT Tuesday, October 23, 2012 CHICAGO (Business Wire) -- As the annual Green Industry and Equipment Expo (GIE+Expo) kicks off today in Louisville, KY, GE Capital's Commercial Distribution Finance (CDF) business said it is optimistic about the outlook for the lawn and garden industry. “Today, dealers have more buying power than in prior years,” said Michael Horak, commercial leader of CDF's outdoors products group. “They're managing their businesses more efficiently and carefully monitoring inventory levels. We believe they're well-positioned to capitalize on consumer demand during the next buying season.” CDF will be exhibiting at GIE+Expo Oct. 23–25 in Louisville, KY. Attendees are invited to visit booth #111-04 at the Kentucky Exposition Center. To learn more about the event, go to http://gie-expo.com/gieexpo/. For more than 20 years and through all business and economic cycles, CDF has supported the outdoor products industry with customer-centric financing programs that enable dealers to stock a broad selection of products. Inventory financing, also known as floorplan financing, is an important element of a successful manufacturer-dealer business model. Manufacturers benefit from enhanced product flow and increased sales opportunities, while dealers obtain improved terms and credit availability. “We're proud to help lawn and garden dealers across the country grow their businesses,” Horak continued. “We're doing our part to leverage our deep industry expertise and help them make more informed decisions. One of the ways we've done that is by reinventing our online inventory finance management tool to give dealers access to our industry-leading data analysis.” To learn more about the ways CDF helps customers manage their inventory and to get access to exclusive industry intelligence, dealers can speak with a CDF representative by calling 800-451-5944 or visiting the CDF web site: http://www.gecdf.com/home. About GE Capital, Commercial Distribution Finance GE Capital, Commercial Distribution Finance provided nearly $32 billion in financing for more than 30,000 manufacturers, dealers and distributors across North America in 2011. Programs include inventory and accounts receivable financing, asset-based lending, private label financing, collateral management and related financial products. Customers have access to exclusive online tools and analytics to manage their accounts and inventory. For more information, visit http://www.gecdf.com/ or follow company news via Twitter (@GEInventoryFin). GE Capital offers consumers and businesses around the globe an array of financial products and services. For more information, visit www.gecapital.com or follow company news via Twitter (@GECapital). GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com. GE Capital, AmericasLisa Tibbitts203-956-4582lisa.tibbitts@ge.com