Redapt Receives $40M from GE Capital

▤ Summary

Redapt, Inc., a Redmond, WA-based data center infrastructure solutions provider and hardware reseller, has received $40m in inventory financing and working capital from GE Capital’s Commercial Distribution Finance (CDF).Established in 1996 by president and CEO Rick Cantu, Redapt delivers data center solutions ranging from private and hybrid cloud infrastructure to turn-key rack integration to basic product fulfillment.GE Capital, Commercial Distribution Finance provided financing to manufacturers, dealers and distributors across North America.Programs include: – inventory and accounts receivable financing, – asset-based lending, private label financing, – collateral management, and – related financial products.FinSMEs 15/03/2012

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