Standard&Poor's Ratings Services' 'AAA' long-term counterparty credit rating on General Electric Capital Corp. (GECC) is based on the company's strong, stable earnings from a diverse group of financial services businesses, and its ownership by General Electric Co. (GE; AAA/Stable/A-1+). GE is one of the largest companies in the world, based on stock market value. With consolidated assets totaling more than $600 billion, GECC is a premiere provider of credit services to small and middle-market companies and has a substantial position as a consumer lender. In addition to unparalleled product and customer diversification, GECC is very diverse geographically, with substantial operations overseas. GECC operates through several business segments, each of which is a major player in its primary market.
