NEWSWIRETODAY Press Release& Newswire Distribution | HOME
MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Written by / Agency / Source: General Electric Company
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

GE Capital Establishes $35 Million Credit Facility for Global Technology Resources, Inc. - GE Capital, Commercial Distribution Finance is providing a credit facility to Global Technology Resources, Inc. of Denver, an IT reseller to the commercial, federal, education and healthcare markets (NYSE: GE)
GE Capital Establishes $35 Million Credit Facility for Global Technology Resources, Inc.

 

NewswireToday - /newswire/ - Hoffman Estates, IL, United States, 2010/07/14 - GE Capital, Commercial Distribution Finance is providing a credit facility to Global Technology Resources, Inc. of Denver, an IT reseller to the commercial, federal, education and healthcare markets (NYSE: GE). NYSE: GE

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial / Legal / Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

GE Capital, Commercial Distribution Finance (CDF) announced today that it has established a $35 million credit facility for Global Technology Resources, Inc. (GTRI), a leading provider of a wide variety of technology solutions.

The credit facility will be used to procure inventory from distributors and manufacturers, such as Cisco Systems, Inc.; it will also be used for working capital needs. GTRI sells and installs IT systems and programs to customers in the commercial, federal, education and healthcare markets.

“GTRI’s success as an IT consultant requires the constant attention to details and to our working capital demands,” said Jeeva Ratnathicam, vice president of finance for Denver-based GTRI. “This new financing facility allows us to take advantage of manufacturers’ channel financing programs while providing us with capital necessary to continue our rapid growth.”

"CDF is pleased to provide smart working capital financing solutions that enable GTRI to expand its business,” said Tom Grathwohl, managing director of CDF’s Technology unit. “GTRI is able to leverage channel programs from companies such as Cisco that are made possible by CDF’s financing.”

About Global Technology Resources, Inc.

GTRI (GTRI.com) is a leading technology consulting provider based in Denver, focused on helping clients align IT investments with business strategy. The company’s end-to-end consulting solutions address business needs in LAN/WAN IT strategy, VOIP and unified communications, infrastructure, wireless, network convergence, systems management, business continuity, storage and backup, project management, staff augmentation and managed services. GTRI gives clients the necessary visibility and control to tackle their greatest technology challenges, leveraging professionalism and experience to deliver the best of next-generation networks.

About GE Capital, Commercial Distribution Finance

GE Capital, Commercial Distribution Finance (gecdf.com) is a leading financing provider to manufacturers and their distributors. Programs include inventory financing, asset-based lending, private label financing, collateral management, e-commerce services and related financial products.

GE Capital offers consumers and businesses around the globe an array of financial products and services. For more information, visit gecapital.com or follow company news via Twitter (@GECapital).

GE (ge.com) is a diversified infrastructure, finance and media company that is taking on the world’s toughest challenges. From aircraft engines and power generation to financial services, health care solutions and television programming, GE operates in more than 100 countries and employs about 300,000 people worldwide.

Ned Reynolds, GE Capital
P: 203-229-5717 / +1 203 837 0699 (mobile) - E: ned.reynolds[.]ge.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial / Legal / Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: General Electric Company

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Financial / Legal / Venture articles,
CATCH Visitors via Your Competitors Announcements!


GE Capital Establishes $35 Million Credit Facility for Global Technology Resources, Inc.

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Mark Chesney - GE Capital 
+1 847 747 6518 mark.chesney1[.]ge.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any General Electric Company securities in any jurisdiction including any other companies listed or named in this release.

Financial / Legal / Venture via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From General Electric Company / Company Profile


Read Financial / Legal / Venture Most Recent Related Newswires:

ALM’s Law.com Announces 'Lawyerpages,' A Next-Generation AI-Powered Legal Directory and Search Resource for Consumers and Law Firms
AdvisorVault Adds Office 365 to its Consolidated 17a-4 D3P Service
TRA Hires Mark McCool as Regional Sales Consultant
ALM Intelligence Launches New Innovative Legal Market Analysis Reports for Texas and The San Francisco Bay Area
TRA Completes Acquisition of Total Retirement Solutions, Inc.
ALM Intelligence Unveils Redesign of the Award-Winning Legal Compass
TRA Hires Paul Phan as Regional Sales Consultant
TRA Expands Retirement Group Plans Opportunities
TRA Announces the Acquisition of John T. Toomey Associates, Inc.
121 Financial Credit Union Selects NCR Digital Banking for Consumers and NCR Digital Banking for Business
ALM Announces the Launch of the Law.com Radar App for IOS and Android
TRA Completes Acquisition of Rosenfeld/Tortu Retirement Planning Co., Inc.
The Retirement Advantage, Inc. Celebrates 25th Anniversary
TRA Starts 2021 with Acquisition of R. Bruce Tanner & Associates, Inc.
SCOR to Provide Life Insurance Products for People with Chronic Conditions through New Partnership with Bayer and One Drop

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Limelon Advertising, Co.

Visit  The Franchise Group





 
  ©2021 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (usatoday.com)