Commercial Distribution Finance Provides $53 million to Logicalis US

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CHICAGO--(BUSINESS WIRE)--Commercial Distribution Finance (CDF), a division of GE Capital, announced today that it has provided international IT solutions and managed services provider Logicalis US with $53 million in short term accounts receivable (STAR) funding. Logicalis used the STAR facility to fund a purchase order for a major contract. STAR is a purchase order funding solution that provides solution providers with additional credit capacity beyond traditional credit lines. Headquartered

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