Yesterday, GE Reports launched a weeklong series that takes a second look at key facts from the marathon, 5 ½ hour investor meeting that GE Capital held March 19. We asked key presenters which slide from the 174-page presentation would they most want with them when making their case to critics. Next up: GE Capital Commercial Lending & Leasing.
Keep on truckin’: GE Capital’s equipment leases are collateralized with basic equipment such as construction and transportation equipment that can be redeployed in the event of default.
Dan Henson, President and CEO of Capital Solutions, who provided investors with a comprehensive look at commercial lending and leasing, said, “Slide No. 76 and No. 78 were particularly noteworthy. We talked through the key reasons why our business is solid and well positioned for the long term. These include the fact that we originate to hold. We do $1 billion in transactions annually for over 1 million customers on foreclosable assets. All of our activities are organized by industry or collateral, allowing us to be hands-on and take advantage of deep expertise. We have an extensive asset-remarketing group and avoid assets that have limited secondary market resale opportunities.”
Dan added: “Our senior secured portfolio is rigorously managed by an experienced team of professionals. One out of every four employees is full-time on risk management.”
* Read Part 1 of My Favorite Slide
* View the full slide deck on GE.com
* Read GE Reports coverage of the presentation
