Texbid, an Internet-based business service provider for the technical textile industry, has announced a cooperative alliance with GE Capital Commercial Services.

The new alliance will see GE Capital Commercial Services offering Texbid members online financing and risk management solutions via a secured Internet site, with easy to use point-and-click technology to access up-to-date customer account information, submit credit requests, and generate management reports.

Texbid chief executive officer and founder, Eric Kamisher said: "Our affiliation with GE Capital Commercial Services will provide seamless, end-to-end transaction support for Texbid members who buy and sell technical textile products, industrial equipment and excess production."