Wells Fargo buying GE Capital Commercial Distribution Finance

Published October 14, 2015 | By

By jonathan.sweet GE will sell a $30 billion piece of its commercial lending operations, including Commercial Distribution Finance, to Wells Fargo. GE Capital CDF is the largest provider of floorplan financing in the marine industry. The deal is part of GE’s plan, announced in April, to mostly exit the financial services business. …read more