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Sominder Singh, Vice President, Domestic Sales, Product Management & Network of Daimler India Commercial Vehicles (DICV)

GE Capital support for rentals sector

GE Capital, Equipment Finance is expanding its financing programme for dealers to purchase construction equipment for use in their rental fleets. About half of the US dealers offer rentals in addition to sales, a figure that's expected to grow in 2014 and beyond. According to the American Rental Association's Rental Market Monitor service, the construction and industrial segment of the rental industry will grow 9.1 per cent to $24.4 billion in 2014.

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