Pricing Supplement Dated February 14, 2011

(To Prospectus Supplement Dated July 9, 2009

and Prospectus Dated July 9, 2009)

Rule 424(b)(3)

File No. 333-160487

Pricing Supplement No. 2011-B1       

 

 

GENERAL ELECTRIC CAPITAL CORPORATION

GE Interest Plus® for Businesses

Variable Denomination Floating Rate Notes

 

 
        Greater than  
Interest Rates: $500 to $5 million   $ 5 million  
  Rate Yield   Rate Yield  
  .95% .95%   .25% .25%  
             
Effective Dates: February 14, 2011, until such time as a different rate is determined by the GE Interest Plus Committee. Information on current interest rates is available by calling 888-674-4138, 24 hours a day, seven days a week.
 
The rate for GE Interest Plus for Businesses Notes is separate and distinct from rates established for GE Interest Plus, which is offered to individual investors.

 

 

Additional Information:

 

 

Consolidated Ratio of Earnings to Fixed Charges

 

The information contained in the Prospectus under the caption “Consolidated Ratio of Earnings to Fixed Charges” is hereby amended, as follows:

 

 

  Year Ended December 31,   9 months ended  
  2005 2006 2007 2008             2009
Sept. 30, 2010
 
               
  1.66 1.63 1.56 1.24 0.85 1.11  

 

For purposes of computing the consolidated ratio of earnings to fixed charges, earnings consist of net earnings adjusted for the provision for income taxes, noncontrolling interests, discontinued operations and undistributed earnings of equity investees.

 

Fixed charges consist of interest and discount on all indebtedness and one-third of rentals, which is considered to be representative of the interest factor of such rentals.