GE Capital UK hires equipment finance director - Trade Finance - October 2011

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GE Capital UK hires equipment finance director

25 October 2011

GE Capital appoints Jon Maycock as UK commercial director for GE Capital UK, equipment finance.

Read more: GE Capital Uk equipment finance invoice financing

GE Capital has appointed Jon Maycock in the newly created role of UK commercial director for GE Capital UK, equipment finance. Maycock oversees...

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There is a lot more financing activity coming from the trading companies, mining groups, and multinational corporations that have excess liquidity at their disposal. In many cases they are sitting on cash given high commodity prices, and can still attract banks loans – borrowing base facilities and revolvers continue to be renewed. This allows them to get more involved in direct trade financing on a prepayment or transactional basis. Essentially this is supply chain financing and their treasuries have become a lot more sophisticated.

News sources of trade liqudity find their place - March 2012

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