GE adds medium-duty financing

June 19, 2007
Leases, loans and other financing options for Class 4 to 7 trucks are now available from GE Capital Solutions’ Transportation Finance unit

Leases, loans and other financing options for Class 4 to 7 trucks are now available from GE Capital Solutions’ Transportation Finance unit. Included in the options for medium-duty dealers is an auto-approval system that will provide credit approval within minutes, according to the company.

Working with both truck manufacturers and their dealer networks, GE Capital said it is currently managing over 120,000 light and heavy-duty trucks, and that it intends to be the largest independent financing provider in medium duty by 2010.

“This is a bold statement of intent, but one we’re well positioned to achieve if we keep focusing on customer service, reliability, speed, industry knowledge and a true partnership approach,” said Dan Clark, general manager of GE Capital Solutions.

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