HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--GE Capital Solutions, Commercial Distribution Finance (CDF), recently approved a multi-million dollar credit line for Computer Word Processing Systems, Inc (CWPS). CWPS, Inc., is a leading provider of information technology solutions for business and government.
“The team at GE Capital Solutions worked with us to ensure we have financing in place to accelerate our growth strategy,” said Christine Waldrop, President, CWPS. “GE is not only providing our inventory financing credit line, but they are also helping us during our busy season with a seasonal line increase.”
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.
"As one of the fastest growing Cisco partners, CWPS needed a financial solution that was customized to meet its growth needs,” said Tom Grathwohl, managing director of CDF's Technology unit. “We are proud to be CWPS’s financier of choice, and look forward to watching the company continue to grow.”
About Computer Word Processing Systems, Inc
CWPS is a full-service IT company providing commercial and government customers with a wide range of voice and data products and turnkey solutions. Their staff is fully accredited by the industry’s leading technology providers and their history of on-time delivery and value pricing has consistently earned top honors from their customers. For additional information, please visit www.cwps.com or call 877.297.7472.
About GE Capital Solutions, Commercial Distribution Finance
GE Capital Solutions, Commercial Distribution Finance, 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, Conn., 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.