Showing posts with label team. Show all posts
Showing posts with label team. Show all posts

Monday, August 13, 2007

Financial Freedom - Are You Being Left Out?

"Financial Freedom" We all privation it but few of us have got it. In this article I will assist you see the difference in beliefs and mental attitudes of rich minded people versus mediocre minded people. As you read be Aware of your state of affairs and understand that it depends on YOU! You find to acquire educated or not, You make up one's mind whether to salvage or not salvage and You make a pick every waking minute to break your state of affairs or go on to do the same thing over and over and anticipate a different consequence (definition of insanity).

Understanding Your Money

Income - Money you make

Expenses -Money you spend

Assets - Something that pays you

Liabilities - Things that cost you

Poor People bargain material on payday, they purchase things they don't need. They warrant this because they bought it at a price reduction or at a pace sale etc... These people make not have got any Assets.

Middle Class People bargain liabilities. They pass equal to or more than than they make. Half their income travels to paying their liabilities (mortgage, auto payment or luxuries). The other one-half is spent on new liabilities. All there income come ups from there ain effort.

Wealthy People purchase Assets. What are Assets? Stocks, Bonds, Real Number Estate, Businesses, Education, Passive Voice Income are all Assets.

What make we make with this information now that we have got it? Get educated on making your money work for you. Joule Alice Paul Getty said I'd rather gain 1% on a hundred people than gain 100% on myself. This is Critical in apprehension how to make Passive Voice Wealth. We are in an age where engineering haps so fast that you necessitate to be willing to change your old beliefs and be willing to larn the tendencies that are around you and acknowledge them as opportunities. One of these tendencies is Home Based Businesses or Network Marketing. This is where you can leverage your clip and money into assets.

If you would wish more than information on How to do inactive income or how to happen the right MLM company make certain you see my article on The 5 Pillars.

"Live your Dreams and Enjoy Life"

Monday, May 14, 2007

GE Antares Provides $118MM Senior Secured Credit Facility for Leading Manufacturer and Marketer of Branded Healthcare and Wellness Products

CHICAGO--(BUSINESS WIRE)--GE Antares Capital and its sister business, GE Healthcare Financial
Services, today announced the closing as administrative agent of a $118
million senior secured credit facility to support the acquisition of The
Hygenic Corporation by Cortec Group Fund IV, L.P., a New York-based
private equity firm. GE Capital Markets served as sole lead arranger and
bookrunner.


The financing consisted of a $10 million senior secured revolving credit
facility, and a $108 million senior secured term loan. Proceeds were
used to provide financing for the acquisition of Hygenic, to refinance
existing indebtedness and for working capital needs.


The Akron, Ohio-based Hygenic Corporation is one of the leading
developers, manufacturers, and marketers of branded, consumable products
used for therapy, rehabilitation and professional wellness. Hygenic’s
products, which are manufactured in the U.S. and Malaysia, are marketed
under the brands Thera-Band®, Biofreeze®,
Dyna-Band®, Hygenic®
and Parabath®.


“Hygenic has strong brand recognition, a
unique portfolio of therapy and wellness products, and is led by an
outstanding management team,” said Ethan
Miller, Managing Director of GE Antares. “Cortec
Group is a long-term customer of GE Antares and we are pleased to be
able to lead this financing to support Cortec and Hygenic.”


David Schnadig, Partner at Cortec stated, “GE
Antares has showed us once again that they are flexible and creative
with their financing. Their responsiveness and reliability were
precisely what we needed for the acquisition of Hygenic. We hope to
continue to grow with both Hygenic and GE Antares in the years ahead.”


About Cortec Group


Cortec Group acquires high value-added, middle-market manufacturing,
distribution and service businesses that have leadership positions in
their market niches. Cortec Group manages approximately $750 million of
committed capital to acquire platform companies with enterprise values
of $30 million to $250 million and smaller follow-on acquisitions.
Additional information about Cortec Group can be found on the Internet
at .


About GE Antares Capital


GE Antares Capital is a unit of GE Commercial Finance - Global Sponsor
Finance. With over $8 billion in assets, and offices in Chicago,
London, Los Angeles, New York and San Francisco, GE Antares offers a “one-stop”
source for GE’s lending and other services
offered to middle market private equity sponsors. For more information,
visit the GE Antares website at .


About GE Commercial Finance


GE Commercial Finance, which offers businesses around the globe an array
of financial products and services, has assets of over $233 billion and
is headquartered in Norwalk Connecticut. GE (NYSE: GE) is Imagination at
Work – a diversified technology, media and
financial services company focused on solving some of the world’s
toughest problems. With products and services ranging from aircraft
engines, power generation, water processing and security technology to
medical imaging, business and consumer financing, media content and
advanced materials, GE serves customers in more than 100 countries and
employs more than 300,000 people worldwide. For more information, visit
the company’s website at .