GE Capital Refusing to Loan Money for Guns

The “war on guns” continues with GE Capital the latest company do deny loans or divest in the firearm business.

From The Blaze:

The U.S. gun market brought in about $11.7 billion in sales last year, according to IBIS World. Additionally, financing is merely a “marginal activity” in the industry so GE’s actions shouldn’t have a huge impact on the gun market, reports.

But that’s not to say gun shops won’t feel it as more large banks refuse to provide lending services.

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