GE Capital’s Transportation Finance business has increased its credit facility for Rush Enterprises, Inc. to $750 million from $600 million. Rush, which operates the largest network of commercial vehicle dealerships in North America, will use the funds to purchase new and used truck inventory. GE Capital Markets served as the arranger on the transaction. Rush is in the process of expanding in North Carolina, Ohio, Kansas, Missouri and Virginia. Once completed, there will be 88 Rush Truck Centers in 18 states offering medium- and heavy-duty trucks.
