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GE Capital signs floor plan deal for Ducati
20 June 2011
GE Capital signs pan-European floor-plan financing facility for motorbike manufacturer Ducati and to help it fund its dealer network.
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GE Capital
floor-plan financing
GE Capital has signed a Eu50 million ($71.2 million) pan-European floor-plan financing facility for motorbike manufacturer Ducati and to help finance its dealer network.
Under the terms of the agreement, GE Capital will finance Ducati’s motorbikes from the time they leave the factory until the sale to the end-customer, providing Ducati’s European dealership network with additional liquidity and extended payment terms. ...
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