GE Capital Commercial Finance Records Increase in Turnover and Profit


GE Capital Commercial Finance Ltd has released its financial statement for the year ended 31 December 2001. The company reported a 20.7% increase in turnover to Ј9.58 million for 2001 compared with Ј7.94 million for year ended 31 December 2000. Profit increased by 27.7% to Ј834,000 from Ј653,000 for the previous financial year.

GE Capital Commercial Finance, a division of the GE group, has ten regional offices in the UK and offers receivables and asset based financing.

Source: BCR



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Posted on Nov 13, 2002
Region: UK