GE Capital

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GE Capital is one of four major units of General Electric,^[1] On 27 July, 2008, General Electric announced that GE Capital is once again a single unit of GE.

GE Capital has four sub-units: GE Aviation Financial Services, GE Commercial Finance, GE Energy Financial Services, and GE Treasury.

At one time, GE Capital was the financial services unit of General Electric and was headed by a single person. The unit, later split into four divisions, and was responsible for a large portion of GE revenue. Each of the businesses that was a part of GE Capital were run independently and rolled up only to the Chairman of GE, Jeff Immelt. Other businesses formerly considered to be a part of GE Capital, such as Healthcare Finance, Railcar Finance, etc. were incorporated into the corresponding Industrial Businesses as support functions.