GE’s Commercial Distribution Finance (CDF) unit introduced a “Working Capital Solutions” finance program for GE Security’s Channel Partners. The program is customizable to meet the capital needs of GE Security’s Channel so they can better support their growth opportunities.
“CDF’s Security Working Capital Finance program is designed to free up as much of a partner’s working capital as possible, thereby supporting their growth opportunities,” said Tom Grathwohl, managing director of CDF’s technology business unit. “Access to capital is critical, especially in an industry where the time between inventory delivery and accounts receivable collections is 60 days or more.” CDF’s Working Capital Solutions include three programs: extended terms financing; purchase order funding; and accounts receivable financing. For more information, visitwww.ge.com/cdf.