HomeUSARedapt Receives $40M from GE Capital

Redapt Receives $40M from GE Capital

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Redapt, Inc., a Redmond, WA-based data center infrastructure solutions provider and hardware reseller, has received $40m in inventory financing and working capital from GE Capitalā€™s Commercial Distribution Finance (CDF).

Established in 1996 by president and CEO Rick Cantu, Redapt delivers data center solutions ranging from private and hybrid cloud infrastructure to turn-key rack integration to basic product fulfillment.

GE Capital, Commercial Distribution Finance provided financing to manufacturers, dealers and distributors across North America. Programs include:
– inventory and accounts receivable financing,
– asset-based lending, private label financing,
– collateral management, and
– related financial products.

FinSMEs

15/03/2012

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