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GE Capital Solution's Commercial Distribution Finance Unit Provides Multi-Million Dollar Credit Facility to Single Path Technologies
Hoffman Estates, IL GE Capital Solutions, Commercial Distribution Finance (CDF), increased a multi-million dollar credit line of Single Path for
purchases of unified communications equipment from suppliers such as Cisco Systems.
Cisco has formalized a nomination and selection process that includes criteria such as customer service ratings, advanced certifications and specializations,
and the ability to demonstrate success with advanced applications. Among the thousands of Cisco Partners, Single Path is the only partner in the Central Region to
win this prestigious award.
Single Path, LLC is a provider of network system design, engineering, installation and support for advanced technologies such as VoIP (Voice over Internet Protocol.)
Single Path earned Cisco's Central Region "Partner of the Year" for the second consecutive year and awarded "Fast Growth Convergence Specialist" by CMP Media's CRN publication.
GE CDF provides financing that includes accounts receivable working capital loans, purchase order financing, inventory financing and other programs for various industries, including
technology and telecommunications.
"We're excited to serve the financing needs to an outstanding organization like Single Path," said Tom Grathwohl, managing director of CDF's Technology unit.
"With finance programs for companies of all sizes, we are positioned to support the growth of our customers."
About Single Path
Single Path provides Cisco Unified Communications Solutions to the commercial marketplace. With over 300 IP Communication deployments and over 100 years of combined local sales and
engineering experience, Single Path is a market leader in Voice, Data, and Video. Single Path specializes in providing technology centered solutions to Small and Medium sized businesses
while focusing on utilizing assets, lowering costs, collaborating, and driving dynamic workforces that can grow and evolve to meet the challenges of the changing business environment.
About GE Capital Solutions, Commercial Distribution Finance
Commercial Distribution Finance, a unit of GE Capital Solutions, 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 Capital Solutions provides leasing, lending and capital investment products and services to help business customers grow. It has over $90 billion in assets, serves more than 1 million clients around the
world and is headquartered in Danbury, CT, USA. For more on GE Capital Solutions, go to www.ge.com/capitalsolutions. GE (NYSE: 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.
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