16 Jul '12, 6pm

Brammo gets GE Capital financing to sell more e-bikes

Brammo gets GE Capital financing to sell more e-bikes

GE Capital to Provide Financing for Electric Motorcycle Maker Brammo Inc. Access to capital helps emerging technology company expand U.S. distribution HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--GE Capital's Commercial Distribution Finance (CDF) business has agreed to provide Brammo Inc. with inventory financing to support the expansion of its dealer network in the U.S. The Ashland, OR-based manufacturer designs and develops electric motorcycles. "This program with GE Capital will support the rapid growth of our distribution network, allowing leading motorcycle dealerships to capitalize on the growing demand for electric motorcycles." In addition to supporting the expansion of a rapidly growing American company, this announcement reinforces GE's commitment to accelerate the adoption of hybrid and alternative fuel vehicles globally. "We've proven that we can successfully marry ...

Full article: http://green.autoblog.com/2012/07/16/brammo-gets-ge-capit...

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