Fitch Issues Presale Report On GE Business Loan Trust 2003-2

CHICAGO, Dec 1, 2003 (BUSINESS WIRE)

Fitch Ratings has issued a presale report on GE Business Loan Trust 2003-2 discussing the rating analysis behind Fitch's expected 'AAA' rating on the class A certificates, expected 'A' rating on the class B certificates, and expected 'BBB' rating on the class C certificates. The securities are backed by a pool of conventional small business loans and Small Business Administration Section 504 Program loans. The loans are secured by first liens on owner-occupied, single tenant retail, office, industrial, or other commercial real estate. None of the underlying business loans are insured or guaranteed by any governmental agency.

The loans were originated by General Electric Capital Business Asset Funding Corporation and the Small Business Finance (SBF) lending division of General Electric Capital Corporation. This transaction represents the second term securitization of loans originated by those business units. The presale report is available to all investors on Fitch's corporate site, 'www.fitchratings.com' or by contacting Sara Grohl at 1-212-908-0564 or via e-mail, 'sara.grohl@fitchratings.com'. Sphere: Related Content