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GE Capital provides US$40 million credit facility for Redapt

GE Capital’s Commercial Distribution Finance business has announced that it will provide US$40 million in inventory financing and working capital to Redapt, a data centre infrastructure solutions provider and hardware reseller based in Redmond, WA.

This new program allows Redapt to acquire capital to meet the needs of its growing business. Redapt is a value-added reseller that delivers data centre solutions ranging from private and hybrid cloud infrastructure to turn-key rack integration to basic product fulfilment. Inventory financing is an important element of a successful value-added reseller (VAR) business model. CDF has been supporting the IT industry for more than 30 years.

Source: EON

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