All businesses need money to get up and running, and General Electric commercial lending helps these businesses to get the financing they need. When most people think about where to get a business loan, they typically think about various banks, not companies like General Electric. However, the GE commercial lending department is thriving.

GE business loans can serve a variety of purposes. You can use the money to purchase equipment or property, or simply maintain a positive cash flow. This is great news for business owners.

If you want to apply for GE commercial lending, remember the following:

1. You will still need to provide financial documents when applying for GE commercial loans. These include a business plan, credit score and financial statements that show your business' success.

2. Don't bite off more than you can chew. While it may be tempting to apply for the largest GE commercial loan that you qualify for, it's wiser to only take out a loan for the money that you need. This will be easier to pay back.

3. You will need to start making payments on your GE business loan shortly. Make sure that you have the money necessary.

Action Steps
The best contacts and resources to help you get it done

Use GE commercial lending services for a real estate purchase

Real estate is one of the most important things that a business owner can purchase. After all, you need a place to do business. Consider contacting GE for this all-important transaction.

I recommend: General Electric makes it easy to get the financing you need for real estate, including commercial real estate loans and construction loans. The CMBS Fixed Rate Program is ideal for many business owners. A fixed rate mortgage often saves you money in the long run. You can also use GE for large-scale financing, such as when you want to purchase a vacation rental property.

Talk to GE business lending for other commercial loans

GE helps business owners get the money they need to make their business a success. Contact them to get started on your loan application.

I recommend: Most businesses need to make a hefty investment in equipment when they first start. GE offers special loans to purchase equipment for your business. Additionally, you may find that you need a cash flow loan to help improve your cash flow. This is ideal when you have performed services, but are still waiting on payment from your clients.

Get GE commercial lending information for the healthcare industry

GE understands the healthcare industry, which makes them particularly suitable for hospitals and others in the industry. See how they can help your business.

I recommend: Hospitals need the most up-to-date equipment available and GE offers healthcare equipment financing so that you can be sure you have everything you need to help your patients. GE Healthcare Financial Services also has solutions for private practices.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Before you sign a contract for a GE commercial loan, compare the rates with those of traditional banks. You may be happy with GE's service, but you should still get a competitive rate.