GE Sells Commercial Finance Arm to Wells Fargo

October 13, 2015October 13, 2015 by RVBusiness

GE has reached an agreement to sell GE Capital’s global Commercial Distribution Finance (CDF), North American Vendor Finance and Corporate Finance platforms to Wells Fargo & Co. GE Commercial Finance is a major floorplan lender for the RV industry. According to a news release, the sale includes ending net investment of approximately $30 billion (about $32 […]