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Published on 4/19/2006 in the Prospect News Bank Loan Daily and Prospect News Distressed Debt Daily.

GE Commercial Finance expands corporate lending business, presents Quindlen as CEO

By Jennifer Chiou

New York, April 19 - GE Commercial Finance announced the expansion of its corporate lending business to provide broader services to middle market and larger corporate customers.

The company also named Tom Quindlen as president and chief executive officer and Jim Kelly as general manager across six regions in North America.

Adding to its asset-based and cash flow lending in corporate lending, the company now provides structured leasing, tax-advantaged financing, securitization, project financing, junior secured and second-lien loans, equity capital and interest rate management.

Corporate lending, which was launched this year, is positioned to support growth capital and mergers & acquisitions to corporate restructurings, where the company is provides of debtor-in-possession financing.

Quindlen has more than 20 years of experience in senior sales and commercial roles for GE.

Based in Stamford, Conn., GE Commercial Finance offers financial products and services.


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