Asset Based Finance

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Asset Based Finance

GE Corporate Lending Provides $120 Million Asset-Based Credit Facility to Columbia Forest Products

NORWALK, Conn.----GE Commercial Finance Corporate Lending today announced it provided a $120 million asset-based credit facility to Columbia Forest Products, North America's largest manufacturer of hardwood plywood and hardwood veneer products.

GE Corporate Lending Provides $120 Million Asset-Based Credit Facility to Columbia Forest Products

American General Finance may be a hard sale

It’s not that American General Finance isn’t up for sale. It’s just that executives at American International Group harbor serious doubts that a good offer for the Evansville-based company would come forth at this time.

American General Finance may be a hard sale

Finance Company Seeks Buyer for $26.9 Million Prime Portfolio Using GDNAuto Online Marketplace

A California-based regional finance company with a portfolio of 1,058 seasoned prime auto loans valued at almost $26.9 million is the latest seller to offer a portfolio of loans for purchase using Global Debt Network Automotive (GDNAuto), the company announced.

Finance Company Seeks Buyer for $26.9 Million Prime Portfolio Using GDNAuto Online Marketplace

GE profit drop as expected, finance unit a drag

General Electric Co reported a drop in quarterly profit that matched its recent warning to Wall Street, and the U.S. conglomerate said the global credit crunch and slumping economies would continue to take a toll on its hefty finance arm.

GE profit drop as expected, finance unit a drag

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