Standard&Poor's Ratings Services' rating on General Electric Capital Corp. (GECC) reflects the company's ownership by GE; GECC's strong, well-managed business franchise; its global scale and resources; management's successful track record in earning solid returns in favorable times and responding effectively to periods of stress; and continuing efforts to bolster liquidity and reduce funding risks. Strengthening asset quality is helping to restore profitability to pre-credit crisis levels. A process involving the divestment or run-off of non-core assets is helping to moderate the scale and complexity of GECC's financing portfolio, while aligning it incrementally closer with the parent company's core areas of expertise such as transportation, power generation, and healthcare. Although GECC has made significant strides in diversifying its funding
