GE Capital raises credit for IT firm

HOFFMAN ESTATES -- GE Capital Solutions said Thursday it increased the credit facility of Nexus IS Inc. to $45 million dollars. The credit facility provides the capital required for rapid growth for the provider of technology and network integration products, GE Capital said. Nexus recently completed its fourth year of 30 percent revenue growth and is on track to continue this performance this year, Nexus said. Current revenue projections exceed $180 million. GE Capital Solutions has offices in Hoffman Estates.