How long has GE been offering finance?
For decades. We are one of the world's leading
business lending groups.

When was GE Capital in Singapore formed?
Our local financing experience is established since 1974. GE Capital Singapore acquired Heller Financial Inc in 2001 to offer a seamless finance service.

How do we differ from a bank?
Our approach towards our clients is different from that of the banks. We recognise that each customer is unique and has its own business needs and challenges. We maintain a flat structure to provide responsive services to build a long-term
relationship with our clients to help them grow and succeed.

Why should you do business with us?
• Product: GE’s financial expertise, coupled with our strength in supporting local enterprises since 1974, allows us to provide off-balance sheet financing, leasing and working capital solutions to give our customers the advantage they need in today’s global marketplace.

• GE Global Network: Leveraging on the company’s diversified services, technology and manufacturing company that operates in over 100 countries, connecting our clients to our regional financing capabilities and even business network opportunities.

• As your growth partner, we are committed to keep you in touch. Our flat structure is organised to meet your needs, it is about accessibility and responsiveness to keep you abreast of your financing needs. It is about sharing of GE's best practices and access to GE's network of businesses.

What kind of equipment do you finance?
We will look at financing any new or used tangible equipment. We finance equipment in a wide range of industries, including manufacturing, healthcare, construction and more.

Is a down payment required for leasing?
No. Leasing is generally considered 100% financing. The only up-front expense is one month's payment.

How will leasing affect your cashflow?
Positively. Leasing usually lowers monthly payments more than other financing sources. And that can help you bring revenues and expenses into closer alignment. Make fixed payments, and you'll have the added benefit of being able to accurately forecast your equipment expenses.

How are lease payments structured?
We can build considerable flexibility into your payment arrangements. While most leases provide for regular monthly payments, those payments may be made in advance, in arrears, or at irregular intervals. Terms depend on the type of equipment and can be customised to suit your particular needs.

Can lease payments be reduced?
Lower monthly or quarterly lease payments can be negotiated, usually by extending the term of the lease. Assuming that payments are fixed, an extended term can reduce the amount of each individual payment, however, the amount paid over the full term will be higher.

Your business is growing. How can factoring help to accelerate business growth?
As your business grows, it needs more working capital. Factoring represents a ready source of funding, which is linked to your sales volume. In fact, factoring is ideal for high growth companies that are increasing their sales at a rate faster than which they can fund through their own profits. As your sales increases, your financing limit will also increase accordingly.

What businesses will qualify for factoring?
Factoring is applicable to all types of businesses which make outright sales on credit terms. The key considerations are the quality of the products /services, reliable accounting system of clients, good spread of debts and good credit standing of customers.

What are the benefits of factoring?
Improved Cash Flow, Reduce Administrative Costs and Enhanced Debtors' Collections are the core benefits. Factoring does not require any other collateral in the form of fixed deposits or property.

Isn’t factoring a costly form of financing?
No, on the contrary, the cost of not factoring may actually be even greater if it limits a company’s growth. In fact, the finance charges are comparable to unsecured financing. As the factoring service also
includes value-added administrative support, such as collections and credit administration, you get to save by reducing related operating costs.