The Transportation Finance unit at GE Capital Solutions has launched a dedicated refuse industry group (www.ge.com/refuse) to offer financing products for waste collection, processing and disposal equipment. The new group will take over responsibility for refuse vehicle financing from the transportation unit, as well as offer a variety of products for other asset acquisition. according to GE Capital.
The new industry group will be lead by Peter Hart, who has been named national sales manager for the refuse sector at GE Capital.“We want to be known as the premier lender to the refuse sector,” said Hart. “The refuse industry has a unique set of requirements and business needs, which change with market conditions. Customers can be reassured that we’ll provide financial support for the long term.”