GE Capital Signs $30 Million Distribution Finance Programme with Nimbus Boats AB (GE)

GE Capital GE has agreed a distribution finance programme with Nimbus Boats AB, a leading manufacturer of leisure and sports boats, based in Sweden. The arrangement has initially been established for a period of three years and will see GE Capital finance the Nimbus, Paragon and Storebro brands and assist Nimbus Boats AB to finance their dealer network across Europe, with a volume potential of more than $30 million.