Norwalk’s GE Capital Corporate Finance said it is providing an $85 million asset-backed term loan to U-Haul. The loan will be used to refinance an existing securitization facility.

U-Haul rents trucks and trailers, and offers self-storage rooms through a network of nearly 1,450 company-operated moving centers and approximately 14,500 independent U-Haul dealers.

"With the recent uncertainty in the credit markets, we value and are very appreciative of GE’s responsiveness in developing an excellent financing solution which met all of our financing needs," said Gary Horton, corporate treasurer of U-Haul.

Funding was provided through GE Capital Corporate Finance’s bank affiliate, GE Capital Financial Inc.