Content about GE Capital

February 13, 2013
GE Capital renews private label card program with J.C. Penney

GE Capital Retail Bank, a consumer lending unit of General Electric Company (GE), has renewed its private label credit card program with J.C. Penney Co.

December 27, 2012
Capital Investments

Ever since the financial crisis, consumer confidence has labored to regain strength, and spending has been correspondingly subpar. So it’s not surprising that retailers have been extremely reluctant to make big capital outlays. But now there are signs that consumers are loosening their purse strings and, as they do, momentum is building among retailers to renew capital spending on certain projects.

October 26, 2012
GE Capital Survey finds retail CFOs worried about economy and healthcare costs

Nearly half (49%) of retail CFOs expect their capital expenditures will increase in the next 12 months, a 19-point uptick that leads all industries, and 29% expect to consider additional financing for expenditures, also leading all industries.

October 26, 2012
GE Capital Survey finds retail CFOs worried about economy and healthcare costs

Nearly half (49%) of retail CFOs expect their capital expenditures will increase in the next 12 months, a 19-point uptick that leads all industries, and 29% expect to consider additional financing for expenditures, also leading all industries.

September 5, 2012
GE Capitol is co-collateral agent on $1.65 billion credit facility for Supervalu

GE Capital, Corporate Retail Finance announced it is co-collateral agent on a $1.65 billion asset-based credit facility for Supervalu Inc.

September 5, 2012
GE Capitol is co-collateral agent on $1.65 billion credit facility for Supervalu

GE Capital, Corporate Retail Finance announced it is co-collateral agent on a $1.65 billion asset-based credit facility for Supervalu Inc.

September 4, 2012
GE Capital administrative agent on Golf Town/Golfsmith credit facility

GE Capital said that it is serving as administrative agent on a $150 million senior secured credit facility to support the combination of Golf Town and Golfsmith, owned by parent company Golfsmith International.

September 4, 2012
GE Capital administrative agent on Golf Town/Golfsmith credit facility

GE Capital said that it is serving as administrative agent on a $150 million senior secured credit facility to support the combination of Golf Town and Golfsmith, owned by parent company Golfsmith International.

April 27, 2012
GE Capital provides credit facility for Le Château

GE Capital, Corporate Finance announced it is administrative agent for a $70 million asset-based credit facility for Le Château, a leading Canadian specialty retailer and apparel manufacturer.

October 14, 2011
Stein Mart extends credit card program with GE Capital

Stein Mart and GE Capital’s Retail Finance business announced Friday the multi-year renewal of the Stein Mart co-branded credit card program.

October 12, 2011
Survey: CFOs remain optimistic about retail industry

A report released Wednesday by GE Capital found that the majority of retail CFOs are fairly optimistic about their industry, even though the outlook for the economy has soured.

June 8, 2011
GE Capital: Retail CFOs more optimistic, look to invest

Retail CFOs of U.S. middle-market companies are becoming more optimistic concerning the state of the industry, according to the latest GE Capital survey of retail CFOs of companies with revenues ranging from $50 million to $1 billion.

April 21, 2011
Report: Borders seeking more funding

Borders is seeking at least $50 million in additional financing as sales trail expectations and publishers demand cash in advance, according to two people who have seen the chain’s plans to reorganize, Bloomberg reported.

January 28, 2011
Borders receives refinancing commitment from GE Capital

Borders Group said it has received a commitment from GE Capital, Restructuring Finance to provide a $550 million senior secured credit facility.

May 1, 2008
Linens ’n Things Throws In the Towel

Linens ’n Things filed for Chapter 11 bankruptcy protection on Friday. According to Reuters, the...

February 28, 2008
GE Lends to Lord & Taylor

GE Commercial Finance Corporate Lending announced it provided a five-year, $300 million asset-based credit facility...

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