Unassociated Document

GE Dealer Floorplan Master Note Trust 2007-2

Payment Date:	4/21/2008
Collection Period Ended:	3/31/2008
Closing Date:	8/02/2007
Next Payment Date:	5/20/2008
Expected Principal Payment Date:	7/20/2010
Final Maturity Date:	7/20/2012


Note Payment Detail

Class	CUSIP	Interest Rate	Original Face Value	Beginning Class Balance	Principal Payment Amount	Interest Payment Amount	Total	Ending Class Balance

A	36159LBD7	2.54563%	970,000,000.00	970,000,000.00	0.00	2,194,898.76	2,194,898.76	970,000,000.00
B	36159LBE5	2.93563%	20,000,000.00	20,000,000.00	0.00	52,188.98	52,188.98	20,000,000.00
C	36159LBF2	3.33563%	10,000,000.00	10,000,000.00	0.00	29,650.04	29,650.04	10,000,000.00

TOTALS			1,000,000,000.00	1,000,000,000.00	0.00	2,276,737.78	2,276,737.78	1,000,000,000.00

Beginning of Month Balance				8,992,680,051.92
New Volume				2,193,093,727.33
Principal Collections				2,080,781,560.26
Defaulted Amount				6,260,284.12
End of Month Balance				9,098,731,934.87
Annualized Yield				7.82%

Overconcentrations
Are there any Dealer Overconcentrations?	No
0.00
Are there any Manufacturer Overconcentrations?	No
0.00
Are there any Product Line Overconcentrations?	No
0.00
Collections		Total	Overconcentration
Principal Collections		2,080,781,560.26	0.00	2,080,781,560.26
Non Principal Collections		61,080,951.48	0.00	61,080,951.48
Total Collections		2,141,862,511.74	0.00	2,141,862,511.74
Defaults
Default Amount		6,260,284.12	0.00	6,260,284.12
Series Allocation Percentage				11.12%
Investor Default Amount				696,153.33
Charge-offs
Investor Charge-offs				0.00

Page 1 of 8

GE Dealer Floorplan Master Note Trust 2007-2

Payment Date:	4/21/2008
Collection Period Ended:	3/31/2008
Closing Date:	8/02/2007
Next Payment Date:	5/20/2008
Expected Principal Payment Date:	7/20/2010
Final Maturity Date:	7/20/2012

Allocation of Available Non Principal Collections
	Series Allocation Percentage			11.12%
	Available Non Principal Collections Allocated to Series				6,792,296.75
Application of Available Non Principal Collections and Available Principal Collections

(a)	Available Non Principal Collections Allocated to Series				6,792,296.75
	(i)	(A)	Amount to Indenture Trustee		0.00
		(B)	Amount to Trustee		0.00
		(C)	Amount to Administrator		62.50
		(D)	Amount to Custodian		0.00

	(ii)	Noteholder Servicing Fee			1,666,666.67
		Unpaid Servicer Advances and interest thereon			0.00

	(iii)	Class A Monthly Interest			2,194,898.76
	(iv)	Class B Monthly Interest			52,188.98
	(v)	Class C Monthly Interest			29,650.04

	(vi)	Investor Default Amount (treated as Available Principal Collections)			696,153.33

	(vii)	Investor Charge-offs		0.00
		Reimbursement of Investor Charge-offs		0.00
		Unreimbursed Investor Charge-offs		0.00
		Reallocation Principal Collections		0.00
		Reimbursement of Reallocated Principal Collections		0.00
		Unreimbursed Reallocated Principal Collections		0.00
		Sum of Unreimbursed Investor Charge-offs and Reallocated Principal Collections			0.00

	(viii)	Amount Required to be Deposited to the Reserve Account			0.00

	(ix)	Remaining Amounts due to:
		Indenture Trustee			0.00
		Trustee			0.00
		Administrator			0.00
		Custodian			0.00

	(x)	Amounts otherwise required to be Deposited to Principal Account			0.00

Page 2 of 8

GE Dealer Floorplan Master Note Trust 2007-2

Payment Date:	4/21/2008
Collection Period Ended:	3/31/2008
Closing Date:	8/02/2007
Next Payment Date:	5/20/2008
Expected Principal Payment Date:	7/20/2010
Final Maturity Date:	7/20/2012

Excess Non Principal Collections for Series 2005-1	2,660,060.34
Excess Non Principal Collections for Series 2005-2	1,604,041.07
Excess Non Principal Collections for Series 2006-1	3,237,712.64
Excess Non Principal Collections for Series 2006-2	1,052,373.65
Excess Non Principal Collections for Series 2006-3	2,158,632.03
Excess Non Principal Collections for Series 2006-4	2,700,250.11
Excess Non Principal Collections for Series 2007-1	2,132,854.24
Excess Non Principal Collections for Series 2007-2	2,152,676.47

Total Excess Non Principal Collections	17,698,600.55

Non Principal Shortfalls for Series 2005-1	0.00
Non Principal Shortfalls for Series 2005-2	0.00
Non Principal Shortfalls for Series 2006-1	0.00
Non Principal Shortfalls for Series 2006-2	0.00
Non Principal Shortfalls for Series 2006-3	0.00
Non Principal Shortfalls for Series 2006-4	0.00
Non Principal Shortfalls for Series 2007-1	0.00
Non Principal Shortfalls for Series 2007-2	0.00
Total Non Principal Shortfalls	0.00

Aggregate Excess Non Principal Collections Applied to Non Principal Shortfalls for Series 2005-1	0.00
Aggregate Excess Non Principal Collections Applied to Non Principal Shortfalls for Series 2005-2	0.00
Aggregate Excess Non Principal Collections Applied to Non Principal Shortfalls for Series 2006-1	0.00
Aggregate Excess Non Principal Collections Applied to Non Principal Shortfalls for Series 2006-2	0.00
Aggregate Excess Non Principal Collections Applied to Non Principal Shortfalls for Series 2006-3	0.00
Aggregate Excess Non Principal Collections Applied to Non Principal Shortfalls for Series 2006-4	0.00
Aggregate Excess Non Principal Collections Applied to Non Principal Shortfalls for Series 2007-1	0.00
Aggregate Excess Non Principal Collections Applied to Non Principal Shortfalls for Series 2007-2	0.00
Total Aggregate Excess Non Principal Collections Applied to Non Principal Shortfalls	0.00

Released to Transferor	17,698,600.55

Page 3 of 8

GE Dealer Floorplan Master Note Trust 2007-2

Payment Date:	4/21/2008
Collection Period Ended:	3/31/2008
Closing Date:	8/02/2007
Next Payment Date:	5/20/2008
Expected Principal Payment Date:	7/20/2010
Final Maturity Date:	7/20/2012

(b)	Revolving Period

	Principal Collections Allocated to Series According to 4.3(b)(ii)(x) of Indenture Supplement		231,386,143.87
	Available Principal Collections Treated as Shared Principal Collections Applied According to Section 8.5 of Indenture		232,082,297.20

(c)	Controlled Accumulation Period
	Principal Collections Allocated to Series According to 4.3(b)(ii)(y) of Indenture Supplement		0.00
	Available Principal Collections Treated as Shared Principal Collections		0.00
	(i)	Monthly Principal Deposited into the Principal Account	0.00
	(ii)	Monthly Principal Deposited to Distribution Account and paid to:
		Class A	0.00
		Class B	0.00
		Class C	0.00
	(iii)	Amounts Remaining as Shared Principal Collections Applied According to Section 8.5 of Indenture	0.00

	Early Amortization Period
	Principal 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	0.00
		Class B	0.00
		Class C	0.00
	(iii)	Amounts Remaining as Shared Principal Collections Applied According to Section 8.5 of Indenture	0.00

Shared Principal Collections for Principal Sharing Series
Aggregate Shared Principal Collections for Principal Sharing Series			1,664,678,951.87
Aggregate Principal Shortfall for Principal Sharing Series			0.00

Aggregate Shared Principal Collections Applied to Principal Shortfall for Series 2005-1			0.00
Aggregate Shared Principal Collections Applied to Principal Shortfall for Series 2005-2			0.00
Aggregate Shared Principal Collections Applied to Principal Shortfall for Series 2006-1			0.00
Aggregate Shared Principal Collections Applied to Principal Shortfall for Series 2006-2			0.00
Aggregate Shared Principal Collections Applied to Principal Shortfall for Series 2006-3			0.00
Aggregate Shared Principal Collections Applied to Principal Shortfall for Series 2006-4			0.00
Aggregate Shared Principal Collections Applied to Principal Shortfall for Series 2007-1			0.00
Aggregate Shared Principal Collections Applied to Principal Shortfall for Series 2007-2			0.00

Amount Deposited into the Excess Funding Account			0.00
Released to Transferor			1,664,678,951.87

Page 4 of 8

GE Dealer Floorplan Master Note Trust 2007-2

Payment Date:	4/21/2008
Collection Period Ended:	3/31/2008
Closing Date:	8/02/2007
Next Payment Date:	5/20/2008
Expected Principal Payment Date:	7/20/2010
Final Maturity Date:	7/20/2012

Reserve Account (Series Level Account)
Beginning Reserve Account Amount	25,000,000.00
Required Reserve Account Amount
Required Reserve Account Percentage	2.50%
Note Principal Balance	1,000,000,000.00
Required Reserve Account Amount	25,000,000.00

Reserve Account Deficiency	0.00
Reserve Account Deposits	70,958.93
Reserve Account Withdrawals	70,958.93
Ending Reserve Account Amount	25,000,000.00

Non Principal Account (Series Level Account)
Beginning Balance	0.00
Deposits	2,276,737.78
Disbursements	2,276,737.78
Ending Balance	0.00

Principal Account (Series Level Account)
Beginning Balance	0.00
Deposits	0.00
Disbursements	0.00
Ending Balance	0.00

Free Equity Amount
Note Trust Principal Balance	9,098,731,934.87
Aggregate Collateral Amount for all Series of Notes	8,250,000,000.00
Free Equity Amount	848,731,934.87

Minimum Free Equity Percentage	0.00%
Outstanding Principal Balance	8,250,000,000.00
Total Overconcentration	0.00
Minimum Free Equity Amount	0.00

Excess Funding Account (Trust Level Account)
Beginning Balance	0.00
Deposits	0.00
Disbursements	0.00
Ending Balance	0.00

Page 5 of 8

GE Dealer Floorplan Master Note Trust 2007-2

Payment Date:	4/21/2008
Collection Period Ended:	3/31/2008
Closing Date:	8/02/2007
Next Payment Date:	5/20/2008
Expected Principal Payment Date:	7/20/2010
Final Maturity Date:	7/20/2012

Summary of Allocation of Collections

Total Principal Collections	2,080,781,560.26

Principal Collections Allocated to Series 2005-1	289,232,679.84
Principal Collections Allocated to Series 2005-2	173,539,607.89
Principal Collections Allocated to Series 2006-1	347,079,215.80
Principal Collections Allocated to Series 2006-2	115,693,071.93
Principal Collections Allocated to Series 2006-3	231,386,143.87
Principal Collections Allocated to Series 2006-4	289,232,679.84
Principal Collections Allocated to Series 2007-1	231,386,143.87
Principal Collections Allocated to Series 2007-2	231,386,143.87
Principal Collections Not Allocated to Any Series and Released to Transferor	171,845,873.35

Total Non Principal Collections	61,080,951.48

Non Principal Collections Allocated to Series 2005-1	8,490,370.94
Non Principal Collections Allocated to Series 2005-2	5,094,222.55
Non Principal Collections Allocated to Series 2006-1	10,188,445.12
Non Principal Collections Allocated to Series 2006-2	3,396,148.37
Non Principal Collections Allocated to Series 2006-3	6,792,296.75
Non Principal Collections Allocated to Series 2006-4	8,490,370.94
Non Principal Collections Allocated to Series 2007-1	6,792,296.75
Non Principal Collections Allocated to Series 2007-2	6,792,296.75

Non Principal Collections Not Allocated to Any Series and Released to Transferor	5,044,503.31

Page 6 of 8

GE Dealer Floorplan Master Note Trust 2007-2

Payment Date:	4/21/2008
Collection Period Ended:	3/31/2008
Closing Date:	8/02/2007
Next Payment Date:	5/20/2008
Expected Principal Payment Date:	7/20/2010
Final Maturity Date:	7/20/2012

Performance

(1) Are there any material modifications, extensions, or waivers to pool assets?			No

(2) Are there any material breaches of pool of assets representations and warranties or covenants?			No

(3) Are there any changes in criteria used to originate, acquire, or select new pool assets?			No

(4) Has the master servicer made any Servicer Advances during the previous collection period?			No

(5) Has an early amortization event occurred?			No

(6) Have any Payment Rate Triggers been met?			No

Average Monthly Payment Rates < 18%
Current Monthly Payment Rate		23.14%
Prior Monthly Payment Rate		20.89%
Second Prior Monthly Payment Rate		22.16%
3 Month Average Monthly Payment Rate		22.06%

(7) Reserve Account balance < Reserve Account trigger

Reserve Account balance	25,000,000.00
(A) Required Reserve Account Percentage minus 0.25%		2.25
times (B) Note Principal Balance	1,000,000,000.00
Reserve Account trigger	22,500,000.00

(8) The sum of all investments held in trust accounts of the Issuer > 50% of the assets of the Issuer

Current Month	16.14%
Prior Month	13.55%
Second Prior Month	10.90%
Third Prior Month	8.23%
Fourth Prior Month	5.48%
Fifth Prior Month	2.58%

(9) Have any new series been issued during the related monthly collection period?			No

(10) Have any account additions or account removals occurred during the related monthly collection period?			No
Number of accounts added / (removed)

Page 7 of 8

GE Dealer Floorplan Master Note Trust 2007-2

Payment Date:	4/21/2008
Collection Period Ended:	3/31/2008
Closing Date:	8/02/2007
Next Payment Date:	5/20/2008
Expected Principal Payment Date:	7/20/2010
Final Maturity Date:	7/20/2012

Delinquency

	Amount	Percentage of Total
Days Outstanding	(Dollars in Millions)	Receivables Outstanding
31 - 60	4.5	0.05%
61 - 90	2.7	0.03%
91 - 120	2.1	0.02%
121 - 150	2.0	0.02%
151 - 180	0.8	0.01%
*Total	12.1	0.13%

*Figures may not foot due to rounding

Page 8 of 8