GE Commercial Finance Corporate Lending Names Gerard Hanabergh To Lead Business Credit Group.NORWALK, Conn. -- GE Commercial Finance Corporate Lending today announced that Gerard Hanabergh has been named Managing Director of the Business Credit group. He will be based in Norwalk, Conn. He succeeds Andrew Waterson, who has been named Managing Director, Corporate Lending West Region, based in Beverly Hills Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities. , Calif. GE Commercial Finance Business Credit offers financing of up to $30 million and more, as needed as needed prn. See prn order. , to manufacturers, distributors, wholesalers, retailers and service providers. Its products and services include asset-based lines of credit, letter of credit facilities credit facilities npl → facilidades fpl de crédito credit facilities npl → facilités fpl de paiement credit facilities , acquisition financing, growth capital, bank loan refinancings, term debt and import/export trade services. "Gerard Hanabergh has done an exceptional job of establishing himself as a growth partner, with his considerable experience in the middle market segment helping to accelerate our expansion in this area," said William Brasser, General Manager, GE Commercial Finance Corporate Lending. "We look forward to his contributions to the continuing growth of our Business Credit business." Mr. Hanabergh has been with GE Commercial Finance since joining its Capital Markets group in 1998. He served most recently as chief risk manager for the Retail and Restructuring groups, and prior to that as chief risk manager, East Region. Before joining GE, Mr. Hanabergh held a number of origination and risk positions with Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007.[1] The bank now continues under the new name of The Bank of New York Mellon Corporation. and Manufacturers Hanover Trust. He is a graduate of Providence College
About GE Commercial Finance Corporate Lending GE Commercial Finance Corporate Lending offers financing to clients from middle-market companies to large corporations. Products and services include asset-based financing Asset-based financing Methods of financing in which lenders and equity investors look principally to the cash flow from a particular asset or set of assets for a return on, and the return of, their financing. , cash flow lending and corporate restructuring. Corporate Lending is a leading global provider of financing solutions for investment and non-investment grade companies - committed to supporting clients at all stages of the business cycle. For more information on the businesses and products of GE Corporate Lending, please visit www.gelending.com. GE Commercial Finance, which offers businesses around the globe an array of financial products and services, has assets of over $230 billion and is headquartered in Stamford, Connecticut Stamford is a city in Fairfield County, Connecticut, United States. According to 2006 Census Bureau estimates, the population of the city is 119,261, making it the fourth largest city in the state. . General Electric (NYSE NYSE See: New York Stock Exchange : GE) is a diversified technology, media and financial services company dedicated to creating products that make life better. For more information, visit the company's website at www.ge.com. |
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