GE Capital is to buy the invoice discounting business of insurer Allianz Australia. The business has around 130 customers and a receivables book of A$400 million. No terms were disclosed.GE Capital's head of commercial finance, Aaron Baxter, said: "This broadens our customer base. It gives us a nice concentration in Victoria and a whole lot more scale."It's complementary to the corporate finance business we've got today. A lot of customers are right in the strike zone from a mid-market perspective."I like the client base. It's very, very clean. I love the system, which will accelerate time to cash and time to 'yes'."Our invoice discounting model today plays in a slightly higher ticket space. Allianz takes us to a smaller ticketed space."Allianz said it was selling because of the "recent changes to regulatory capital requirements" that insurance companies face.