##### 



EXHIBIT 99.3




---



##### 



GE Dealer Floorplan Master Note Trust
2004-1
 Payment Date:
    
    1/20/2006Collection Period Ended:
    
    12/31/2005Closing Date:
    
    8/12/2004Next Payment Date:
    
    2/21/2006Expected Principal Payment Date:
    
    7/20/2006Final Maturity Date:
    
    7/21/2008
 Note Payment Detail
 PrincipalBeginning Class
    
    Payment
    
    
    
    
    
    
    
    
    
    Ending ClassClass
    
    CUSIP
    
    Interest Rate
    
    Original Face Value
    
    Balance
    
    Amount
    
    Interest Payment Amount
    
    Total
    
    BalanceA
    
    
    36159LAA4
    
    
    
    4.42000
    %
    
    
    1,202,000,000.00
    
    
    
    1,202,000,000.00
    
    
    
    0.00
    
    
    
    41,921,913.60
    
    
    
    41,921,913.60
    
    
    
    1,202,000,000.00B
    
    
    36159LAB2
    
    
    
    4.63000
    %
    
    
    38,000,000.00
    
    
    
    38,000,000.00
    
    
    
    0.00
    
    
    
    1,406,226.73
    
    
    
    1,406,226.73
    
    
    
    38,000,000.00C
    
    
    36159LAC0
    
    
    
    4.84000
    %
    
    
    10,000,000.00
    
    
    
    10,000,000.00
    
    
    
    0.00
    
    
    
    391,351.33
    
    
    
    391,351.33
    
    
    
    10,000,000.00TOTALS
    
    
    
    
    
    
    1,250,000,000.00
    
    
    
    1,250,000,000.00
    
    
    
    0.00
    
    
    
    43,719,491.66
    
    
    
    43,719,491.66
    
    
    
    1,250,000,000.00Beginning of Month Balance
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    3,700,038,047.48New Volume
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    19,117,785,472.05Principal Collections
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    17,319,258,800.03Defaulted Amount
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    11,870,354.62End of Month Balance
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    5,486,694,364.88Over ConcentrationsDealer Overconcentration
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    0.00Manufacturer Overconcentration
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    0.00Product Line Overconcentration
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    0.00Total
    
    
    
    
    
    OverconcentrationCollectionsPrincipal Collections
    
    
    
    
    
    
    
    
    
    
    17,319,258,800.03
    
    
    
    
    
    
    
    36,703,579.51
    
    
    
    
    
    
    
    17,282,555,220.52Non Principal Collections
    
    
    
    
    
    
    
    
    
    
    375,239,051.86
    
    
    
    
    
    
    
    1,144,847.38
    
    
    
    
    
    
    
    374,094,204.48Total Collections
    
    
    
    
    
    
    
    
    
    
    17,694,497,851.89
    
    
    
    
    
    
    
    37,848,426.89
    
    
    
    
    
    
    
    17,656,649,425.00DefaultsDefault Amount
    
    
    
    
    
    
    
    
    
    
    11,870,354.62
    
    
    
    
    
    
    
    20,930.05
    
    
    
    
    
    
    
    11,891,284.67Series Allocation Percentage
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    23.96
    %Investor Default Amount
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    3,042,097.33Charge-OffsInvestor Charge-offs
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    0.00Values above Include the Note Trust Certificate




---



##### 



GE Dealer Floorplan Master Note Trust
2004-1
 Payment Date:
    
    1/20/2006Collection Period Ended:
    
    12/31/2005Closing Date:
    
    8/12/2004Next Payment Date:
    
    2/21/2006Expected Principal Payment Date:
    
    7/20/2006Final Maturity Date:
    
    7/21/2008
 Allocation of Available Non Principal CollectionsSeries Collection Allocation Percentage
    
    
    23.96
    %Available Non Principal Collections Allocated to Series
    
    
    
    
    
    
    107,224,653.41Application of Available Non Principal Collections and Available Principal Collections(a) Available Non Principal Collections Allocated to Series
    
    
    
    
    
    
    107,224,653.41(i)
    
    (A) Amount to  Indenture Trustee
    
    
    
    
    
    
    5,000.00(B) Amount to Trustee
    
    
    
    
    
    
    5,580.00(C) Amount to Administrator
    
    
    
    
    
    
    3,000.00(D) Amount to Custodian
    
    
    
    
    
    
    0.00(ii)
    
    Noteholder Servicing Fee
    
    
    
    
    
    
    17,159,055.60Unpaid Servicer Advances and interest thereon
    
    
    
    
    
    
    0.00(iii)
    
    Class A Monthly Interest
    
    
    
    
    
    
    41,921,913.60(iv)
    
    Class B Monthly Interest
    
    
    
    
    
    
    1,406,226.73(v)
    
    Class C Monthly Interest
    
    
    
    
    
    
    391,351.33(vi)
    
    Investor Default Amount (treated as Available Principal Collections)
    
    
    3,042,097.33Required Deposit to Principal Amount
    
    
    
    
    
    
    0.00(vii)
    
    Investor Charge-Offs
    
    
    0.00Reimbursement  of Investor Charge-Offs
    
    
    0.00Unreimbursed Investor Charge-Offs
    
    
    0.00Reallocation Principal Collections
    
    
    0.00Reimbursement of Reallocated Principal Collections
    
    
    0.00Unreimbursed Reallocated Principal Collections
    
    
    0.00Sum of Unreimbursed Investor Charge-Offs and Reallocated Principal Collections
    
    
    
    
    
    
    0.00(viii)
    
    Amount Required to be Deposited to the Reserve Account
    
    
    
    
    
    
    0.00




---



##### 



GE Dealer Floorplan Master Note Trust
2004-1
 Payment Date:
    
    1/20/2006Collection Period Ended:
    
    12/31/2005Closing Date:
    
    8/12/2004Next Payment Date:
    
    2/21/2006Expected Principal Payment Date:
    
    7/20/2006Final Maturity Date:
    
    7/21/2008
 (ix)
    
    Remaining Amounts due to :Indenture Trustee
    
    
    0.00Trustee
    
    
    0.00Administrator
    
    
    0.00Custodian
    
    
    0.00(x) Amounts otherwise required to be Deposited to Principal AccountExcess Non Principal Collections for Series 2004-1
    
    
    46,332,526.15Excess Non Principal Collections for Series 2004-2
    
    
    45,952,317.80Excess Non Principal Collections for Series 2005-1
    
    
    35,041,730.67Excess Non Principal Collections for Series 2005-2
    
    
    8,137,855.55Total Non Principal Collections
    
    
    135,464,430.17Non Principal Shortfalls for Series 2004-1
    
    
    0.00Non Principal Shortfalls for Series 2004-2
    
    
    0.00Non Principal Shortfalls for
Series 2005-1
    
    
    0.00Non Principal Shortfalls for Series 2005-2
    
    
    0.00Total Non Principal Shortfalls
    
    
    0.00Aggregate Excess Non Principal applied to Non Principal Shortfalls for Series 2004-1
    
    
    0.00Aggregate Excess Non Principal applied to Non Principal Shortfalls for Series 2004-2
    
    
    0.00Aggregate Excess Non Principal
applied to Non Principal Shortfalls for Series 2005-1
    
    
    0.00Aggregate Excess Non Principal applied to Non Principal Shortfalls for Series 2005-2
    
    
    0.00Total Aggregate Excess Non Principal Applied to Non Principal Shortfalls
    
    
    0.00Released to transferor
    
    
    135,464,430.17(b) Revolving PeriodPrincipal Collections Allocated to Series According to 4.3(b)(ii)(x) of Indenture Supplement
    
    
    4,976,502,857.99Available Principal Collections Treated as Shared Principal Collections Applied According to Section 8.5 of Indenture
    
    
    4,976,502,857.99(c) Controlled Accumulation PeriodPrincipal Collections Allocated to Series According to 4.3(b)(ii)(y) of Indenture Supplement(i)
    
    Monthly Principal Deposited into Principal Account
    
    
    0.00(ii)
    
    Monthly Principal Deposited to Distribution Account and paid to:
    
    
    0.00Class A
    
    
    0.00Class B
    
    
    0.00Class C
    
    
    0.00(iii)
    
    Amounts Remaining as Shared Principal Collections Applied According to Section 8.5 of Indenture
    
    
    0.00




---



##### 



GE Dealer Floorplan Master Note Trust
2004-1
 Payment Date:
    
    1/20/2006Collection Period Ended:
    
    12/31/2005Closing Date:
    
    8/12/2004Next Payment Date:
    
    2/21/2006Expected Principal Payment Date:
    
    7/20/2006Final Maturity Date:
    
    7/21/2008
 Early Amortization PeriodPrincipal Collections Allocated to Series According to 4.3(b)(ii)(z) of Indenture Supplement
    
    
    0.00(i)
    
    Monthly Principal Deposited into the Principal Account
    
    
    0.00(ii)
    
    Monthly Principal Deposited to Distribution Account and paid to :Class A
    
    
    0.00Class B
    
    
    0.00Class C
    
    
    0.00(iii)
    
    Amounts Remaining as Shared Principal Collections Applied According to Section 8.5 of Indenture
    
    
    0.00Shared Principal Collections for Sharing SeriesAggregate Shared Principal Collections for Principal Sharing Series
    
    
    14,254,526,282.05Aggregate Principal Shortfall for Principal Sharing Series
    
    
    0.00Aggregate Shared Principal Collections Applied to Principal Shortfall for Series 2004-1
    
    
    0.00Aggregate Shared Principal Collections Applied to Principal Shortfall for Series 2004-2
    
    
    0.00Aggregate Shared Principal
Collections Applied to Principal Shortfall for Series 2005-1
    
    
    0.00Aggregate Shared Principal Collections Applied to Principal Shortfall for Series 2005-2
    
    
    0.00Amount Deposited into the Excess Funding Account
    
    
    0.00Released to Transferor
    
    
    14,254,526,282.05Reserve Account(Series Level Account)Beginning Reserve Account Amount
    
    
    39,393,931.20Required Reserve Account AmountRequired Reserve Account Percentage
    
    
    3.12
    %Note Principal Balance
    
    
    1,250,000,000.00Principal Overcollateralization Amount
    
    
    12,626,000.00Required Reserve Account Amount
    
    
    39,393,931.20Reserve Account Deficiency
    
    
    0.00Reserve Account Deposits
    
    
    1,227,031.58Reserve Account Withdrawals
    
    
    1,227,031.58Ending Reserve Account Amount
    
    
    39,393,931.20




---



##### 



GE Dealer Floorplan Master Note Trust
2004-1
 Payment Date:
    
    1/20/2006Collection Period Ended:
    12/31/2005Closing Date:
    
    8/12/2004Next Payment Date:
    
    2/21/2006Expected Principal Payment Date:
    
    7/20/2006Final Maturity Date:
    
    7/21/2008
 Non Principal Account(Series Level Account)Beginning Balance
    
    
    0.00Deposits
    
    
    43,730,071.66Disbursements
    
    
    43,730,071.66Ending Balance
    
    
    0.00Principal Account(Series Level Account)Beginning Balance
    
    
    0.00Deposits
    
    
    0.00Disbursements
    
    
    0.00Ending Balance
    
    
    0.00Free Equity AmountNote Trust Principal Balance
    
    
    5,486,694,364.88Aggregate Collateral Amount for all Series of Notes
    
    
    4,525,252,000.00Free Equity Amount
    
    
    961,442,364.88Minimum Free Equity Percentage
    
    
    5.00
    %Note Trust Principal Balance
    
    
    4,500,000,000.00Minimum Free Equity Amount
    
    
    225,000,000.00Excess Funding Account(Trust Level Account)Beginning Balance
    
    
    0.00Deposits
    
    
    0.00Disbursements
    
    
    0.00Ending Balance
    
    
    0.00Monthly Payment RateCurrent Monthly Payment Rate
    
    
    31.35
    %Prior Monthly Payment Rate
    
    
    32.61
    %Second Prior Monthly Payment Rate
    
    
    35.15
    %3 Month Average Monthly Payment Rate
    
    
    33.04
    %




---



##### 



GE Dealer Floorplan Master Note Trust
2004-1
 Payment Date:
    
    1/20/2006Collection Period Ended:
    
    12/31/2005Closing Date:
    
    8/12/2004Next Payment Date:
    
    2/21/2006Expected Principal Payment Date:
    
    7/20/2006Final Maturity Date:
    
    7/21/2008
 Summary of Allocation to CollectionsTotal Principal Collections
    
    
    17,319,258,800.03Principal Collections Allocated to Series 2004-1
    
    
    4,976,502,857.99Principal Collections Allocated to Series 2004-2
    
    
    4,976,502,857.99Principal
Collections Allocated to Series 2005-1
    
    
    3,559,670,465.26Principal Collections Allocated to Series 2005-2
    
    
    740,548,368.33Principal Collections Not Allocated to Any Series and Released to Transferor
    
    
    3,066,034,250.46Total Non Principal Collections
    
    
    375,239,051.86Non Principal Collections Allocated to Series 2004-1
    
    
    107,224,653.41Non Principal Collections Allocated to Series 2004-2
    
    
    107,224,653.41Non
Principal Collections Allocated to Series 2005-1
    
    
    79,098,591.64Non Principal Collections Allocated to Series 2005-2
    
    
    18,170,738.67Non Principal Collections Not Allocated to Any Series and Released to Transferor
    
    
    63,520,414.73




---



##### 



GE Dealer Floorplan Master Note Trust
2004-2
 Payment Date:
    
    1/20/2006Collection Period Ended:
    
    12/31/2005Closing Date:
    
    8/12/2004Next Payment Date:
    
    2/21/2006Expected Principal Payment Date:
    
    7/20/2007Final Maturity Date:
    
    7/20/2009
 Note Payment Detail
 PrincipalPayment
    
    
    
    
    
    
    
    
    
    Ending ClassClass
    
    CUSIP
    
    Interest Rate
    
    Original Face Value
    
    Beginning Class Balance
    
    Amount
    
    Interest Payment Amount
    
    Total
    
    BalanceA
    
    
    36159LAD8
    
    
    
    4.45000
    %
    
    
    1,202,000,000.00
    
    
    
    1,202,000,000.00
    
    
    
    0.00
    
    
    
    42,287,521.94
    
    
    
    42,287,521.94
    
    
    
    1,202,000,000.00B
    
    
    36159LAE6
    
    
    
    4.66000
    %
    
    
    38,000,000.00
    
    
    
    38,000,000.00
    
    
    
    0.00
    
    
    
    1,417,785.08
    
    
    
    1,417,785.08
    
    
    
    38,000,000.00C
    
    
    36159LAF3
    
    
    
    4.87000
    %
    
    
    10,000,000.00
    
    
    
    10,000,000.00
    
    
    
    0.00
    
    
    
    394,392.99
    
    
    
    394,392.99
    
    
    
    10,000,000.00TOTALS
    
    
    
    
    
    
    1,250,000,000.00
    
    
    
    1,250,000,000.00
    
    
    
    0.00
    
    
    
    44,099,700.01
    
    
    
    44,099,700.01
    
    
    
    1,250,000,000.00Beginning of Month Balance
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    3,700,038,047.48New Volume
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    19,117,785,472.05Principal Collections
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    17,319,258,800.03Defaulted Amount
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    11,870,354.62End of Month Balance
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    5,486,694,364.88Over ConcentrationsDealer Overconcentration
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    0.00Manufacturer Overconcentration
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    0.00Product Line Overconcentration
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    0.00Total
    
    
    
    
    
    OverconcentrationCollectionsPrincipal Collections
    
    
    
    
    
    
    
    
    
    
    17,319,258,800.03
    
    
    
    
    
    
    
    36,703,579.51
    
    
    
    
    
    
    
    17,282,555,220.52Non Principal Collections
    
    
    
    
    
    
    
    
    
    
    375,239,051.86
    
    
    
    
    
    
    
    1,144,847.38
    
    
    
    
    
    
    
    374,094,204.48Total Collections
    
    
    
    
    
    
    
    
    
    
    17,694,497,851.89
    
    
    
    
    
    
    
    37,848,426.89
    
    
    
    
    
    
    
    17,656,649,425.00DefaultsDefault Amount
    
    
    
    
    
    
    
    
    
    
    11,870,354.62
    
    
    
    
    
    
    
    20,930.05
    
    
    
    
    
    
    
    11,891,284.67Series Allocation Percentage
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    23.96
    %Investor Default Amount
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    3,042,097.33Charge-OffsInvestor Charge-offs
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    0.00Values above Include the Note Trust Certificate




---



##### 



GE Dealer Floorplan Master Note Trust
2004-2
 Payment Date:
    
    1/20/2006Collection Period Ended:
    
    12/31/2005Closing Date:
    
    8/12/2004Next Payment Date:
    
    2/21/2006Expected Principal Payment Date:
    
    7/20/2007Final Maturity Date:
    
    7/20/2009
 Allocation of Available Non Principal CollectionsSeries Collection Allocation Percentage
    
    
    23.96
    %Available Non Principal Collections Allocated to Series
    
    
    
    
    
    
    107,224,653.41Application of Available Non Principal Collections and Available Principal Collections(a) Available Non Principal Collections Allocated to Series
    
    
    
    
    
    
    107,224,653.41(i)
    
    (A) Amount to  Indenture Trustee
    
    
    
    
    
    
    5,000.00(B) Amount to Trustee
    
    
    
    
    
    
    5,580.00(C) Amount to Administrator
    
    
    
    
    
    
    3,000.00(D) Amount to Custodian
    
    
    
    
    
    
    (ii)
    
    Noteholder Servicing Fee
    
    
    
    
    
    
    17,159,055.60Unpaid Servicer Advances and interest thereon
    
    
    
    
    
    
    0.00(iii)
    
    Class A Monthly Interest
    
    
    
    
    
    
    42,287,521.94(iv)
    
    Class B Monthly Interest
    
    
    
    
    
    
    1,417,785.08(v)
    
    Class C Monthly Interest
    
    
    
    
    
    
    394,392.99(vi)
    
    Investor Default Amount (treated as Available Principal Collections)
    
    
    3,042,097.33Required Deposit to Principal Amount
    
    
    
    
    
    
    0.00(vii)
    
    Investor Charge-Offs
    
    
    0.00Reimbursement  of Investor Charge-Offs
    
    
    0.00Unreimbursed Investor Charge-Offs
    
    
    0.00Reallocation Principal Collections
    
    
    0.00Reimbursement of Reallocated Principal Collections
    
    
    0.00Unreimbursed Reallocated Principal Collections
    
    
    0.00Sum of Unreimbursed Investor Charge-Offs and Reallocated Principal Collections
    
    
    
    
    
    
    0.00(viii)
    
    Amount Required to be Deposited to the Reserve Account
    
    
    
    
    
    
    0.00




---



##### 



GE Dealer Floorplan Master Note Trust
2004-2
 Payment Date:
    
    1/20/2006Collection Period Ended:
    
    12/31/2005Closing Date:
    
    8/12/2004Next Payment Date:
    
    2/21/2006Expected Principal Payment Date:
    
    7/20/2007Final Maturity Date:
    
    7/20/2009
 (ix)
    
    Remaining Amounts due to :Indenture Trustee
    
    
    0.00Trustee
    
    
    0.00Administrator
    
    
    0.00Custodian
    
    
    0.00(x) Amounts otherwise required to be Deposited to Principal AccountExcess Non Principal Collections for Series 2004-1
    
    
    46,332,526.15Excess Non Principal Collections for Series 2004-2
    
    
    45,952,317.80Excess Non Principal Collections for Series 2005-1
    
    
    35,041,730.67Excess Non Principal Collections for Series 2005-2
    
    
    8,137,855.55Total Non Principal Collections
    
    
    135,464,430.17Non Principal Shortfalls for Series 2004-1
    
    
    0.00Non Principal Shortfalls for Series 2004-2
    
    
    0.00Non Principal Shortfalls for Series 2005-1
    
    
    0.00Non Principal Shortfalls for Series 2005-2
    
    
    0.00Total Non Principal Shortfalls
    
    
    0.00Aggregate Excess Non Principal applied to Non Principal Shortfalls for Series 2004-1
    
    
    0.00Aggregate Excess Non Principal applied to Non Principal Shortfalls for Series 2004-2
    
    
    0.00Aggregate Excess Non Principal applied to Non Principal Shortfalls for Series 2005-1
    
    
    0.00Aggregate Excess Non Principal applied to Non Principal Shortfalls for Series 2005-2
    
    
    0.00Total Aggregate Excess Non Principal Applied to Non Principal Shortfalls
    
    
    0.00Released to transferor
    
    
    135,464,430.17(b) Revolving PeriodPrincipal Collections Allocated to Series According to 4.3(b)(ii)(x) of Indenture Supplement
    
    
    4,976,502,857.99Available Principal Collections Treated as Shared Principal Collections Applied According to Section 8.5 of Indenture
    
    
    4,976,502,857.99(c) Controlled Accumulation PeriodPrincipal Collections Allocated to Series According to 4.3(b)(ii)(y) of Indenture Supplement(i)
    
    Monthly Principal Deposited into Principal Account
    
    
    0.00(ii)
    
    Monthly Principal Deposited to Distribution Account and paid to:
    
    
    0.00Class A
    
    
    0.00Class B
    
    
    0.00Class C
    
    
    0.00(iii)
    
    Amounts Remaining as Shared Principal Collections Applied According to Section 8.5 of Indenture
    
    
    0.00




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##### 



GE Dealer Floorplan Master Note Trust
2004-2
 Payment Date:
    
    1/20/2006Collection Period Ended:
    
    12/31/2005Closing Date:
    
    8/12/2004Next Payment Date:
    
    2/21/2006Expected Principal Payment Date:
    
    7/20/2007Final Maturity Date:
    
    7/20/2009
 Early Amortization PeriodPrincipal Collections Allocated to Series According to 4.3(b)(ii)(z) of Indenture Supplement
    
    
    0.00(i)
    
    Monthly Principal Deposited into the Principal Account
    
    
    0.00(ii)
    
    Monthly Principal Deposited to Distribution Account and paid to :Class A
    
    
    0.00Class B
    
    
    0.00Class C
    
    
    0.00(iii)
    
    Amounts Remaining as Shared Principal Collections Applied According to Section 8.5 of Indenture
    
    
    0.00Shared Principal Collections for Sharing SeriesAggregate Shared Principal Collections for Principal Sharing Series
    
    
    14,254,526,282.05Aggregate Principal Shortfall for Principal Sharing Series
    
    
    0.00Aggregate Shared Principal Collections Applied to Principal Shortfall for Series 2004-1
    
    
    0.00Aggregate Shared Principal Collections Applied to Principal Shortfall for Series 2004-2
    
    
    0.00Aggregate Shared Principal Collections Applied to Principal Shortfall for Series 2005-1
    
    
    0.00Aggregate Shared Principal Collections Applied to Principal Shortfall for Series 2005-2
    
    
    0.00Amount Deposited into the Excess Funding Account
    
    
    0.00Released to Transferor
    
    
    14,254,526,282.05Reserve Account(Series Level Account)Beginning Reserve Account Amount
    
    
    39,393,931.20Required Reserve Account AmountRequired Reserve Account Percentage
    
    
    3.12
    %Note Principal Balance
    
    
    1,250,000,000.00Principal Overcollateralization Amount
    
    
    12,626,000.00Subtotal
    
    
    1,262,626,000.00Required Reserve Account Amount
    
    
    39,393,931.20Reserve Account Deficiency
    
    
    0.00Reserve Account Deposits
    
    
    1,227,068.16Reserve Account Withdrawals
    
    
    1,227,068.16Ending Reserve Account Amount
    
    
    39,393,931.20




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##### 



GE Dealer Floorplan Master Note Trust
2004-2
 Payment Date:
    
    1/20/2006Collection Period Ended:
    
    12/31/2005Closing Date:
    
    8/12/2004Next Payment Date:
    
    2/21/2006Expected Principal Payment Date:
    
    7/20/2007Final Maturity Date:
    
    7/20/2009
 Non Principal Account(Series Level Account)Beginning Balance
    
    
    0.00Deposits
    
    
    44,110,280.01Disbursements
    
    
    44,110,280.01Ending Balance
    
    
    0.00Principal Account(Series Level Account)Beginning Balance
    
    
    0.00Deposits
    
    
    0.00Disbursements
    
    
    0.00Ending Balance
    
    
    0.00Free Equity AmountNote Trust Principal Balance
    
    
    5,486,694,364.88Aggregate Collateral Amount for all Series of Notes
    
    
    4,525,252,000.00Free Equity Amount
    
    
    961,442,364.88Minimum Free Equity Percentage
    
    
    5.00
    %Note Trust Principal Balance
    
    
    4,500,000,000.00Minimum Free Equity Amount
    
    
    225,000,000.00Excess Funding Account(Trust Level Account)Beginning Balance
    
    
    0.00Deposits
    
    
    0.00Disbursements
    
    
    0.00Ending Balance
    
    
    0.00Monthly Payment RateCurrent Monthly Payment Rate
    
    
    31.35
    %Prior Monthly Payment Rate
    
    
    32.61
    %Second Prior Monthly Payment Rate
    
    
    35.15
    %3 Month Average Monthly Payment Rate
    
    
    33.04
    %




---



##### 



GE Dealer Floorplan Master Note Trust
2004-2
 Payment Date:
    
    1/20/2006Collection Period Ended:
    
    12/31/2005Closing Date:
    
    8/12/2004Next Payment Date:
    
    2/21/2006Expected Principal Payment Date:
    
    7/20/2007Final Maturity Date:
    
    7/20/2009
 Summary of Allocation to CollectionsTotal Principal Collections
    
    
    17,319,258,800.03Principal Collections Allocated to Series 2004-1
    
    
    4,976,502,857.99Principal Collections Allocated to Series 2004-2
    
    
    4,976,502,857.99Principal Collections Allocated to Series 2005-1
    
    
    3,559,670,465.26Principal Collections Allocated to Series 2005-2
    
    
    740,548,368.33Principal Collections Not Allocated to Any Series and Released to Transferor
    
    
    3,066,034,250.46Total Non Principal Collections
    
    
    375,239,051.86Non Principal Collections Allocated to Series 2004-1
    
    
    107,224,653.41Non Principal Collections Allocated to Series 2004-2
    
    
    107,224,653.41Non Principal Collections Allocated to Series 2005-1
    
    
    79,098,591.64Non Principal Collections Allocated to Series 2005-2
    
    
    18,170,738.67Non Principal Collections Not Allocated to Any Series and Released to Transferor
    
    
    63,520,414.73