GE Capital Commercial Finance has become the latest member of the Factors and Discounters Association - the trade body representing asset-based financiers in the UK and Ireland.
Launched in 1998, GE Capital Commercial Finance is already well established in asset based lending, providing invoice finance together with funding for inventory, plant & machinery, and property. The company has nine regional offices in the UK and its parent is the US-based global, diversified financial services company, GE Capital, which has assets of more than US$370 billion.
David Marsden, chairman of the Factors and Discounters Association said:
“The FDA are very pleased to welcome such a well respected organisation to the association. I am certain GE Capital Commercial Finance will play a significant role in developing the profile of asset based finance services.“