Ge Finance Tempe Az

GE Capital's presence in Tempe, Arizona, was significant, primarily focused on its commercial finance operations. While GE Capital as a whole has undergone substantial restructuring and divestiture in recent years, understanding its past impact in Tempe provides valuable context.

The Tempe location, often referred to as a "hub," housed various business units within GE Capital's commercial lending portfolio. These likely included divisions focused on equipment financing, healthcare finance, and perhaps even some aspects of energy finance, catering to businesses seeking capital for growth, expansion, or specific projects. The specific functions performed in Tempe would have ranged from origination and underwriting of loans to servicing and portfolio management.

The facility in Tempe provided a considerable number of jobs to the local economy. These roles spanned a spectrum of expertise, including sales and business development professionals, credit analysts, relationship managers, operations staff, and various support functions like IT, HR, and finance. The presence of a major employer like GE Capital contributed to Tempe's economic vitality, supporting local businesses and generating tax revenue.

Beyond direct employment, GE Capital's operations in Tempe likely had indirect benefits. The company's employees patronized local restaurants, shops, and services, further stimulating the local economy. Moreover, the presence of a large, reputable financial institution could have attracted other businesses and talent to the area.

It's crucial to note the historical context. GE Capital, once a cornerstone of General Electric, underwent a strategic shift to focus on its industrial core. This led to the gradual sale and wind-down of GE Capital's various financial services businesses. Consequently, the GE Capital facility in Tempe likely experienced significant changes, potentially including downsizing, restructuring, or even complete closure or sale to another entity. While it may no longer exist as a GE Capital entity, the location itself may still house financial services operations under a different ownership.

To obtain the most up-to-date information, researching the current status of the former GE Capital facility in Tempe is recommended. This could involve searching for the location online to determine its current name and ownership, or contacting local economic development agencies for information about businesses operating in the area that formerly housed GE Capital.