GE Capital Markets announced that it has hired Joe Thompson as senior vice president to support GE Capital’s growing equipment and vendor finance business. He will be based in Irving, TX where GE Capital, Equipment Finance is headquartered.
Thompson returns to GE Capital from AIG Commercial Asset Finance, where he was senior vice president of Capital Markets. Prior to AIG, Joe was with Transamerica Equipment Finance and GE Capital. Joe is a graduate of Texas Tech, with an MBA from University of North Texas.
“Joe, with his considerable experience in capital markets and equipment finance, will be a great addition to our capital markets team,” said Dan Waller, managing director, GE Capital Markets.
“Joe will play an important role in helping us grow new and existing vendor relationships,” said Jim Kelly, managing director, vendor finance and new relationship development at GE Capital, Equipment Finance.
With more than $36 billion in lease and loan transactions since 2007, GE Capital's Equipment Finance business manages over 40 manufacturer financing programs that span 10+ industries, including transportation, construction, information technology, office imaging, golf and turf, healthcare and manufacturing. It maintains relationships with approximately 200,000 business customers through its network of dealers and distributors, and evaluates more than 1,000 financing applications daily.