Foodservice Equipment Reports

GE Capital Expanding Inventory Financing in E&S Industry

GE Capital’s Commercial Distribution Finance business has expanded its inventory financing capabilities and coverage of the commercial foodservice and refrigeration industries across the U.S. and Canada. CDF, which has been providing inventory financing to the foodservice industry since 1995, is focused on developing programs with manufacturers of specialized equipment for the bakery, dairy, meat, snack and juice markets, among others, as well as makers of specialized equipment, such as slicers, roasters, choppers and presses. CDF provided nearly $31 billion in financing for more than 33,000 dealers and 2,000 distributors and manufacturers in the U.S. and Canada in 2012.

“Many foodservice equipment manufacturers use their valuable working capital to fund dealer purchases,” said Linda Fiore, CDF’s managing director of new relationship development. “For example, offering equipment dealers the ability to make larger purchases with extended repayment terms can really help companies in this major segment of the food industry grow their sales.”

More information is available at the CDF website:

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