GE Capital Launches Distribution Finance Program for Fujitsu America through Leading US Distributors D&H, Tech Data and Synnex

GE Capital, Commercial Distribution Finance today announced the launch of extended distribution financing programs available for resellers who source their Fujitsu America branded products through D&H, Tech Data or Synnex. The finance program offers resellers free 60-day payment terms for select Fujitsu products sold through those distributors.

“Fujitsu America recognizes recent economic conditions create the need to support the distribution of our products by providing resellers with working capital financing options,” said Matt McManus, VP North American Channel Sales for Fujitsu America. “Our finance program through GE gives Fujitsu America resellers the credit availability and terms options to best fit the resellers needs.”

GE Capital’s Commercial Distribution Finance business provides financing options that include accounts-receivable working capital loans, purchase order financing, inventory financing and other programs for various tech-related industries, including document imaging and server technology. The Fujitsu America financing program provides up to 60-day interest free payment terms on all Fujitsu server/storage and mobility purchases made through Tech Data or Synnex. Similar terms are available for Fujitsu mobility product purchases made through D&H. All program purchases must be financed by GE Capital.

"The Fujitsu America finance program provides a good option for businesses eager to keep their products moving through distribution channels,” said Tom Grathwohl, managing director of Technology and Electronics for GE Capital, CDF. “We work closely with our customers to design the right solution to support their business objectives. We are pleased to be able to work with Fujitsu to deliver this program to their resellers.”

About Fujitsu America

Fujitsu is a leading provider of IT-based business solutions for the global marketplace. With approximately 175,000 employees supporting customers in 70 countries, Fujitsu combines a worldwide corps of systems and services experts with highly reliable computing and communications products and advanced microelectronics to deliver added value to customers. Headquartered in Tokyo, Fujitsu Limited (TSE:6702) reported consolidated revenues of 4.6 trillion yen (US$47 billion) for the fiscal year ended March 31, 2009. For more information, please see: www.fujitsu.com.

About GE Capital, Commercial Distribution Finance

GE Capital, Commercial Distribution Finance is a leading financing provider to manufacturers and their distributors. Programs include inventory and accounts receivable financing, asset-based lending, private label financing, collateral management, e-commerce services and related financial products. Additional information can be found online at www.ge.com/cdf.

GE Capital offers consumers and businesses around the globe an array of financial products and services. 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.