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GE Capital Solutions Announces $75 Million Credit Line for Intelligent Decisions, Inc.


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© Business Wire 2008
2008-08-25 20:54:05 -

www.gecdf.com - GE Capital Solutions, Commercial Distribution Finance (CDF) announced that it has increased the credit line for Intelligent Decisions, Inc, a leading provider of information technology solutions, to $75 million. This credit capacity increase includes inventory financing and working capital with revolving purchase orders. One-third of the credit line is specifically for federal government projects, and the remainder is

mostly for Dell products.

"Since the year 2000, Intelligent Decisions, Inc. has had a valued relationship with GE Capital Solutions," said Harry Martin, President of Intelligent Decisions, Inc. "With its innovative solutions and expertise we are now able to incorporate our STAR approval with the increased working capital revolver for future growth needs."

GE Capital Solutions provides financing that includes accounts receivable working capital loans, purchase order financing, inventory financing and other programs for various industries, including technology and telecommunications.

"We appreciate our relationship with Intelligent Decisions, Inc and look forward to delivering future capital requirements for this growing IT solutions provider through our customized financial services that are designed to grow with our customers," said Tom Grathwohl, managing director of GE Capital Solutions' Technology unit.

About Intelligent Decisions, Inc

Since 1988, Intelligent Decisions has been a recognized leader in the federal market with over a billion dollars in sales to support defense, intelligence and civilian information technology requirements. In 2000, the company expanded its focus into the commercial market by offering custom configured, Intel-based server products to ISPs and Fortune 1000 clients and has since expanded into security appliance manufacturing. Today, their end-to-end product and consulting services range from: assessment and analysis; architecture and development; proposals and ROI evaluation; technology reviews and pre-sales support; procurement and supply chain management; secure integration; program management and implementation; staff augmentation; training; dynamic web-based performance tracking tools; to warranty and post-warranty repair. For more information, go to www.intelligent.net.

About Commercial Distribution Finance

GE Capital Solutions Commercial Distribution Finance is a leading provider of specialized financing products and services for various industries. Offerings include inventory financing, accounts receivable financing, asset-based lending, private label financing, collateral management, e-commerce services and related financial products. Additional information about CDF can be found online at www.ge.com/cdf.

GE Capital Solutions, Commercial Distribution Finance
Beth Revers
(847) 747-7766
beth.revers@ge.com


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