GE Capital Fleet Services Joins Network to Offer Vehicle Leases to Small Business Customers
LiveCapital, a provider of real-time credit and financing solutions for companies serving the business market, announced that GE Capital Fleet Services will offer financing through the LiveCapital Financing Network. LiveCapital clients will now be able to provide their small business customers with instant access to customized vehicle lease financing. “The ability to leverage technology to reach additional small business customers and provide them with customized leasing solutions is a core component of our long-term strategy,” said Richard Neff, president of Small Fleet Services, a division of GE Capital Fleet Services. Through the LiveCapital Financing Network, GE Capital Fleet Services will offer an Open-End TRAC (Terminal Rental Adjustment Clauses) lease. The LiveCapital financing network includes more than 70 lenders and lessors who together offer financing products that cover the credit spectrum. These institutions offer lines of credit, leases, loans, trade credit and other credit products through the LiveCapital Finance Platform (LCFP). The LCFP facilitates all aspects of the credit process for all types of business credit, enabling application submission and processing, credit scoring, under-writing, approval, funding, and servicing.
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