GMAC CF

AcronymDefinition
GMAC CFGeneral Motors Acceptance Corporation Commercial Finance
References in periodicals archive ?
The ESF Group of GMAC CF specialises in being able to lend against cash flow as well as the assets of a business.
Nick Keegan, chief finance officer of CompAir, said at the time: "The ESF Group of GMAC CF has been a pleasure to work with.
Paul Bridges, of Alchemy Partners - which was equity sponsor in the arrangement - says: "From the outset GMAC CF has displayed a refreshing and commercial approach.
Craig's departure comes in the wake of the sale of 51 percent of GMAC CF to private investment firm Cerberus Capital Management.
She explained that GMAC CF previously found it more difficult to obtain a lower cost of funds, as the company was linked to GM's credit rating.
GMAC CF plans to maintain its retail factoring business under the new ownership and will continue to be GM's exclusive auto finance provider.
From one balance sheet, through one management team, the ESF Group of GMAC CF can underwrite classic asset-based lending transactions all the way through to leveraged cash flow finance.
GMAC CF has a demonstrable pedigree in the retail and automotive sectors and in financing cross border transactions.
With a reputation for creativity, certainty and speed the ESF Group of GMAC CF delivers what it promises.