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GE Capital Expands Sharp Electronics Program, Supports Office Imaging Equipment

June 27, 2014, 07:00 AM
Filed Under: Dealer Finance

GE Capital’s Commercial Distribution Finance (CDF) business announced today that it will begin providing floorplan financing to dealers that stock Sharp Electronics Corp.’s office imaging (OI) equipment. CDF has been providing financing to Sharp’s consumer electronics dealers for 25 years.

“Our goal is to demonstrate Sharp’s continued commitment to the OI dealer channel,” said Dan Wynne, director of B2B channel marketing at Sharp. “We know that financing programs such as this one help dealers obtain the products they need to further their sales goals.”

CDF will provide qualified Sharp dealers with streamlined credit approvals and simplified documentation requirements for their acquisition of Sharp multi-function copiers and multi-function printers. In addition, they may be eligible for an extended period of subsidized interest.

“Today’s announcement is indicative of the convergence between the OI business and the information technology industry,” said Judy Toland, the new commercial leader of CDF’s technology, electronics and appliances business. “We’re likely to see more companies thinking long-term about the best ways to encourage and support this ecosystem as it continues to evolve.”

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