GE Capital Expands Financing Program for Construction Equipment Dealers to Support Growth in Rentals

GE Capital, Equipment Finance announced today that it is expanding its financing program for dealers to purchase construction equipment for use in their rental fleets. About half of U.S. dealers offer rentals in addition to sales — a figure that’s expected to grow in 2014 and beyond.

According to the American Rental Association’s Rental Market Monitor service, the construction and industrial segment of the rental industry will grow 9.1 percent to $24.4 billion in 2014 and 10.5 percent to $26.9 billion in 2015 in the U.S.

For more about GE Capital's equipment financing program...