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General Electric announces increase in credit for Claremont

GE Capital's Commercial Distribution Finance business announced an increase in the floorplan and working capital credit facility for Claremont, N.H.-based Red River, a company that specializes in providing information technology hardware integration, maintenance and support services to the U.S. government. Red River's credit facility with CDF has grown steadily from $500,000 five years ago to $80 million today, allowing Red River to grow and meet increased customer demand during peak federal, state and local government and educational buying seasons.