OREANDA-NEWS. August 15, 2012. GE Capital’s Commercial Distribution Finance (CDF) business today announced a new USD 30 million inventory finance program with Logicalis, Inc. The new supplier facility enables Logicalis to finance inventory purchases from specific original equipment manufacturers (OEMs), and provides extended interest-free repayment terms that will enhance the company’s cash flow and credit capacity.

Logicalis is an international IT solutions and managed services provider based in Farmington Hills, MI.

The company will also gain access to COMS, CDF’s online inventory management tool, and to proprietary industry insights and analytics through a dedicated team of CDF IT industry experts who will work closely with the company.

“CDF’s understanding of our industry and flexible financing terms make it the ideal lender,” said Todd Yaekle, vice president of finance with Logicalis. “The expertise and the credit line provided by CDF will help us achieve our growth goals.”