GE Capital Announces Financing Relationships with Doosan, Bobcat

GE Capital, Equipment Finance announced an extension of its 40+ year vendor financing relationship with Bobcat Company. In addition, GE Capital is launching a new vendor financing program for Doosan-branded heavy industrial equipment starting this month. The entities are part of Doosan Infracore Construction Equipment, a provider of engineering, manufacturing, marketing and distribution of compact and heavy construction equipment, attachments and articulated dump trucks.

“In this gradually improving economy, we’re committed to providing our dealerships and their customers with simple, competitive financing options that will make it easier to acquire equipment,” said Rich Goldsbury, Bobcat and Doosan president of North America and Oceania.

“Key to our strategy has been the strategic relationship between our business and GE Capital,” added Ed Hetherington, president of Doosan Infracore Financial Solutions. “We’ve relied on our financing provider for its comprehensive suite of financing solutions and extensive web-based customer service capabilities.”

In addition to offering financing, dealers who work through GE Capital benefit from a suite of inventory management capabilities as well as a robust retail program, efficient online tools and dedicated account management.

“Thanks to our expanded relationship with Doosan, we can do even more to help dealers and customers grow their businesses well into the future,” said Jim Kelly, general manager of GE Capital’s Vendor Finance business.