GE Commercial Finance
Encyclopedia
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, communication
s, 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
.
GE Capital
GE Capital is the financial services unit of General Electric, one of five major units. Its various divisions include GE Capital Aviation Services, GE Capital Real Estate, GE Energy Financial Services and GE Money....
, (one of five major operating divisions of General Electric
General Electric
General Electric Company , or GE, is an American multinational conglomerate corporation incorporated in Schenectady, New York and headquartered in Fairfield, Connecticut, United States...
). Headquartered in Norwalk
Norwalk, Connecticut
Norwalk is a city in Fairfield County, Connecticut, United States. According to the 2010 U.S. Census, the population of the city is 85,603, making Norwalk sixth in population in Connecticut, and third in Fairfield County...
, Connecticut
Connecticut
Connecticut is a state in the New England region of the northeastern United States. It is bordered by Rhode Island to the east, Massachusetts to the north, and the state of New York to the west and the south .Connecticut is named for the Connecticut River, the major U.S. river that approximately...
, USA, it plays a role in over 35 countries and had assets of over US$
United States dollar
The United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....
335 billion at year end 2007.
As part of GE Capital
GE Capital
GE Capital is the financial services unit of General Electric, one of five major units. Its various divisions include GE Capital Aviation Services, GE Capital Real Estate, GE Energy Financial Services and GE Money....
, it offers products such as revolving lines of credit, floorplan finance, equipment leasing of various forms, real estate
Real estate
In general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...
services, and car
Automobile
An automobile, autocar, motor car or car is a wheeled motor vehicle used for transporting passengers, which also carries its own engine or motor...
fleet management. The industries served include healthcare, manufacturing
Manufacturing
Manufacturing is the use of machines, tools and labor to produce goods for use or sale. The term may refer to a range of human activity, from handicraft to high tech, but is most commonly applied to industrial production, in which raw materials are transformed into finished goods on a large scale...
, fleet management, communication
Communication
Communication is the activity of conveying meaningful information. Communication requires a sender, a message, and an intended recipient, although the receiver need not be present or aware of the sender's intent to communicate at the time of communication; thus communication can occur across vast...
s, construction
Construction
In the fields of architecture and civil engineering, construction is a process that consists of the building or assembling of infrastructure. Far from being a single activity, large scale construction is a feat of human multitasking...
, energy, aviation
Aviation
Aviation is the design, development, production, operation, and use of aircraft, especially heavier-than-air aircraft. Aviation is derived from avis, the Latin word for bird.-History:...
, infrastructure
Infrastructure
Infrastructure is basic physical and organizational structures needed for the operation of a society or enterprise, or the services and facilities necessary for an economy to function...
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
GE Artesia Bank
GE Artesia Bank is a Dutch financial institution based in Amsterdam. It was originally established in 1863 as the Nederlandsche Credit and Depositobank.-Company History:The bank has undergone a number of name changes since its inception...
.