GE Capital Solutions Signs Agreement with National Association of Wholesaler-Distributors Service Corporation

GE Capital Solutions, Commercial Distribution Finance (CDF), announced today that it signed an agreement with the National Association of Wholesaler-Distributors Service Corporation (NAWSC) to offer inventory financing to qualified industry member companies. "Our new relationship with NAWSC is very important to us,” said Steven Ramel, Senior Vice President, GE Capital Solutions. "We respect and look forward to collaborating with NAWSC to provide its industry member companies with innovative inventory financing options.” NAW encompasses over 80 national line-of-trade associations, representing virtually all products that move to market via wholesaler-distributors. CDF and NAWSC will work together to identify inventory financing opportunities for NAW industry members. CDF has provided inventory financing in many industries for more than 30 years. "We believe that GE Capital Solutions has the industry expertise, financial experience and commitment to make this new relationship a success for industry members. The GE Capital Solutions, Commercial Distribution Finance – NAWSC relationship creates a strong value proposition for wholesale distribution companies, especially in the current tough economic environment,” said Dirk Van Dongen, President, NAW. About Commercial Distribution Finance GE Capital Solutions Commercial Distribution Finance is a leading provider of specialized financing products and services for various industries. Offerings include inventory financing, accounts receivable financing, asset-based lending, private label financing, collateral management, e-commerce services and related financial products. Additional information about CDF can be found online at www.ge.com/cdf. GE is Imagination at Work - a diversified technology, media and financial services company focused on solving some of the world's toughest problems. For more information, visit the company's Web site at www.ge.com. About National Association of Wholesaler-Distributors: The National Association of Wholesaler-Distributors (NAW) is the Washington, DC-based trade association that represents the wholesale distribution industry. NAW is active in these areas: government relations and political action; research and education; and group purchasing. In addition to NAW, the association operates the Wholesaler-Distributor Political Action Committee, the NAW Institute for Distribution Excellence, and the NAW Service Corporation. For more information, visit www.naw.org.