GENERAL ELECTRIC Buoys Wright Investment’ s Liquidity

GENERAL ELECTRIC Capital’s Franchise Finance business, section of General Electric Firm (GE), recently provided the $6. 5 million loan to Wright Expenditure Properties, Incorporated. – a hotel management and improvement company located in Cordova, Tenn. The actual funds will be utilized to refinance and refurbish a 90-room Residence Resort situated in Memphis.

Founded within 1982, Wright Expenditure Properties currently manages forty-four hotels in 16 says. Its portfolio includes a diverse spectrum associated with upscale full service resorts in major downtown metropolitan areas to large conference hotels, resorts, extended stay accommodations, airport hotels and service properties in suburban locations. The company is very active on the acquisition top and development of resorts. With financing through GE Funds, Wright Investment is likely to fuel its organic and inorganic growth.

GENERAL ELECTRIC Capital’s extensive industry information and expertise can help Wright Investment to get a deep industry insight to better offer its customers. With more than 30 years associated with experience and $8 billion dollars in served assets, GE Capital offers financing to over 2, 500 clients.

General Electric, the mother or father company of GE Funds, operates like a technology and financial services firm. The segments include Energy Facilities, Aviation, Healthcare, Transportation, Home & Business Alternatives and GE Funds. GE Capital is equipped with diverse kinds of products, which range from consumer lending to financial solutions and GENERAL ELECTRIC Capital meets the monetary needs of businesses of most sizes. In the last reported one fourth, revenues from GE Capital segment declined 3% year more than year to $11. 0 billion dollars as it continued its strategy to slow up the overall scale its portfolio while focusing on core growth.

General Electric currently has a Zacks Position #3 (Hold). Other stocks that look offering and are worth a peek now tend to be Hutchison Whampoa Ltd. (HUWHY) holding a Zacks Position #1 (Strong Buy), Federal Signal Corp. (FSS) and ITT Corporation ITT), every carrying a Zacks Position #2 (Buy).

Look at the Full Research Report on ITT

Look at the Full Research Report on GENERAL ELECTRIC

Look at the Full Research Report on HUWHY

Look at the Full Research Report on FSS

Zacks Expenditure Research

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GENERAL ELECTRIC Capital’s Franchise Finance business, section of General Electric Firm (GE), recently provided the $6. 5 million loan to Wright Expenditure Properties, Incorporated. – a hotel management and improvement company located in Cordova, Tenn. The actual funds will be utilized to refinance and refurbish a 90-room Residence Resort situated in Memphis.

Founded within 1982, Wright Expenditure Properties currently manages forty-four hotels in 16 says. Its portfolio includes a diverse spectrum associated with upscale full service resorts in major downtown metropolitan areas to large conference hotels, resorts, extended stay accommodations, airport hotels and service properties in suburban locations. The company is very active on the acquisition top and development of resorts. With financing through GE Funds, Wright Investment is likely to fuel its organic and inorganic growth.

GENERAL ELECTRIC Capital’s extensive industry information and expertise can help Wright Investment to get a deep industry insight to better offer its customers. With more than 30 years associated with experience and $8 billion dollars in served assets, GE Capital offers financing to over 2, 500 clients.

General Electric, the mother or father company of GE Funds, operates like a technology and financial services firm. The segments include Energy Facilities, Aviation, Healthcare, Transportation, Home & Business Alternatives and GE Funds. GE Capital is equipped with diverse kinds of products, which range from consumer lending to financial solutions and GENERAL ELECTRIC Capital meets the monetary needs of businesses of most sizes. In the last reported one fourth, revenues from GE Capital segment declined 3% year more than year to $11. 0 billion dollars as it continued its strategy to slow up the overall scale its portfolio while focusing on core growth.

General Electric currently has a Zacks Position #3 (Hold). Other stocks that look offering and are worth a peek now tend to be Hutchison Whampoa Ltd. (HUWHY) holding a Zacks Position #1 (Strong Buy), Federal Signal Corp. (FSS) and ITT Corporation ITT), every carrying a Zacks Position #2 (Buy).

Look at the Full Research Report on ITT

Look at the Full Research Report on GENERAL ELECTRIC

Look at the Full Research Report on HUWHY

Look at the Full Research Report on FSS

Zacks Expenditure Research

More From Zacks. com

    • Read article on zacks. com

 

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