"Over the past 22 years we have grown to become the largest marine dealer in NSW and we've recently opened the largest undercover showroom in Australia. GE Commercial Finance has really helped us manage and achieve this growth over the years.
We've been a customer of GE Commercial Finance for around 20 years. Their Distribution Finance team has structured an inventory finance program that allows us to acquire and display the broad range of marine products we need to generate sales without tying up working capital.
In addition to managing our inventory financing, GE Commercial Finance also helped us to purchase our showroom in Taren Point Road, Sydney in the mid'90s. Our business has grown since then, so we've recently taken the opportunity to expand into new premises while maintaining the old one as an investment property.
GE Commercial Finance made this possible when, 10 days before settlement on the new property, I could see that our bank was not going to meet the deadline. At this time, I turned to GE Commercial Finance for the property and refurbishment finance. They moved very quickly, approving and funding the deal in a very tight time frame. This was a load off my mind as it meant we didn't lose our deposit on the new premises and have been able to complete the renovations to our existing property for the tenant. GE Commercial Finance saved us real dollars on this deal.
The relationship we have developed with GE Commercial Finance over the years has given our business the financial flexibility to support our growth. Through their inventory finance program, they help us manage our stock and expand sales. Through their property finance solutions, they've helped us take advantage of investment opportunities and create wealth. You can't ask for much more than that."
Andrew Short, Director
Andrew Short Marine
Distribution Finance
With GE Commercial Finance, you'll experience a unique approach to finance that begins with the way we understand your business - from a business perspective, not a bank's. When we understand what is important to your business success, we are able to deliver smart, cost effective lending solutions when and how you need them.
It is our focus on customers' needs and our ability to take a broader view of risk assessment that differentiates us from other financiers.
Call us today to discover how GE Commercial Finance can help your business grow.