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Trillion Communications Corporation Establishes $30 Million Credit Facility with GE Capital Solutions Unit
HOFFMAN ESTATES, Ill.-(Business Wire)-May 1, 2008 - GE Capital Solutions, Commercial Distribution Finance (CDF), announced that it increased the credit facility of Trillion Communications Corporation, a premier provider of electronic components to the telecommunications industry, to $30 million dollars. The credit facility provides the capital required for Trillion's rapid growth and addition of Cisco Systems to its product offering.
"Adding Cisco products is important to delivering complex communication solutions for Trillion customers," said Ralph E. Brown, CEO, Trillion Communications Corporation. "CDF's ability to add the Cisco line and increase our credit capacity for growth makes them an important supporter of our overall Growth and Development strategy."
"We are delighted to offer working capital finance programs to Trillion and to be part of their growth story," said Tom Grathwohl, Managing Director of GE Capital Solutions' Technology unit. "We are also proud to be associated with Trillion who was named the 2007 Minority Service Firm of the Year Award by the U.S. Department of Commerce's Minority Business Development Agency (MBDA) and the Atlanta National Enterprise Center (ANEC.)"
About Trillion Communications Corporation
Incorporated in August 2001, Trillion Corporation (Trillion), a certified Minority Business Enterprise (MBE), has been recognized as a strategic and reliable service provider in the telecommunications marketplace. Headquartered in Bessemer, Alabama, Trillion handles over 500,000 transactions per year in their core competencies that includes Procurement, Warehousing, Just-in-time Inventory Management, Advanced Kitting/Staging and Project Management. Additionally, Trillion partners with industry leaders Alcatel-Lucent, Adtran, Tellabs, Spirent, ADC and CTDI to ensure its customers are provided the most comprehensive and up-to-date technology. For additional information, please visit www.trillionusa.com
About GE Capital Solutions, Commercial Distribution Finance
Commercial Distribution Finance, a unit of GE Capital Solutions, 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 (NYSE: GE) is Imagination at Work - a diversified technology, media and financial services company focused on solving some of the world's toughest problems. For more information, visit the company's Web site at www.ge.com.
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