OREANDA-NEWS. GE Capital, Equipment Finance has extended its 44-year vendor financing relationship with multiple Doosan businesses through December 2017. The agreement provides inventory and retail financing for Doosan and Bobcat-branded equipment in the U.S. and Canada.

GE Capital and its antecedent companies have been financing equipment for West Fargo, N.D.-based Bobcat Co. since 1969. The relationship expanded to include financing for Doosan-branded heavy equipment in 2012.

Doosan Infracore Construction Equipment is a leader in the engineering, manufacturing, marketing and distribution of compact and heavy construction equipment, attachments and articulated dump trucks. It acquired Bobcat, a leading provider of compact equipment for global construction, rental, landscaping, agriculture, grounds maintenance, government, utility, industrial and mining markets, in 2007.

“This long-standing relationship with GE Capital and its expertise in the heavy equipment market helped us increase the presence of the Doosan brand in the U.S.,” said Ed Hetherington, president of Doosan Infracore Financial Solutions. “We’re pleased with the success of these programs.”