GE Dealer Floorplan Master Note Trust Payment Date: Collection Period Ended: Closing Date: Next Payment Date: Expected Principal Payment Date: Final Maturity Date: 2007-2 7/20/2009 6/30/2009 8/02/2007 8/20/2009 7/20/2010 7/20/2012 Note Payment Detail Class CUSIP A 36159LBD7 Interest Rate Original Face Value Beginning Class Balance Principal Payment Amount Interest Payment Amount Ending Class Balance Total 0.32500% 970,000,000.00 970,000,000.00 0.00 245,194.44 245,194.44 970,000,000.00 B 36159LBE5 0.71500% 20,000,000.00 20,000,000.00 0.00 11,122.22 11,122.22 20,000,000.00 C 36159LBF2 1.11500% 10,000,000.00 10,000,000.00 0.00 8,672.22 8,672.22 10,000,000.00 1,000,000,000.00 1,000,000,000.00 0.00 264,988.88 264,988.88 1,000,000,000.00 TOTALS Beginning of Month Balance New Volume Principal Collections Defaulted Amount 6,859,813,933.59 2,163,367,757.62 2,151,002,554.24 7,359,843.94 End of Month Balance 6,864,819,293.03 9.15% Annualized Yield Overconcentrations Are there any Dealer Overconcentrations? 0.00 Are there any Manufacturer Overconcentrations? 0.00 Are there any Product Line Overconcentrations? 0.00 Discount Factor Collections Principal Collections Non Principal Collections Total Collections No No No 0.0% Total 2,151,002,554.24 53,432,902.62 2,204,435,456.86 Overconcentration 0.00 0.00 0.00 2,151,002,554.24 53,432,902.62 2,204,435,456.86 Defaults Default Amount Series Allocation Percentage Investor Default Amount Charge-offs Investor Charge-offs 7,359,843.94 0.00 7,359,843.94 15.60% 1,147,995.13 0.00 Page 1 of 8 GE Dealer Floorplan Master Note Trust Payment Date: Collection Period Ended: Closing Date: Next Payment Date: Expected Principal Payment Date: Final Maturity Date: 7/20/2009 6/30/2009 8/02/2007 8/20/2009 7/20/2010 7/20/2012 2007-2 Allocation of Available Non Principal Collections Series Allocation Percentage Available Non Principal Collections Allocated to Series Application of Available Non Principal Collections and Available Principal Collections 15.60% 8,334,512.62 (a) Available Non Principal Collections Allocated to Series (i) 8,334,512.62 (A) Amount to Indenture Trustee (B) Amount to Trustee (C) Amount to Administrator 0.00 0.00 62.50 (D) Amount to Custodian 0.00 (ii) Noteholder Servicing Fee 1,783,333.33 Unpaid Servicer Advances and interest thereon 0.00 (iii) Class A Monthly Interest 245,194.44 (iv) Class B Monthly Interest 11,122.22 (v) Class C Monthly Interest 8,672.22 (vi) Investor Default Amount (treated as Available Principal Collections) (vii) Investor Charge-offs 1,147,995.13 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 Unreimbursed Reallocated Principal Collections Sum of Unreimbursed Investor Charge-offs and Reallocated Principal Collections 0.00 0.00 (viii) Amount Required to be Deposited to the Reserve Account 0.00 0.00 (ix) Remaining Amounts due to: Indenture Trustee 0.00 Trustee 0.00 Administrator Custodian 0.00 0.00 (x) Amounts otherwise required to be Deposited to Principal Account 0.00 Page 2 of 8 GE Dealer Floorplan Master Note Trust Payment Date: Collection Period Ended: Closing Date: Next Payment Date: Expected Principal Payment Date: Final Maturity Date: 7/20/2009 6/30/2009 8/02/2007 8/20/2009 7/20/2010 7/20/2012 2007-2 Excess Non Principal Collections for Series 2006-2 Excess Non Principal Collections for Series 2006-3 Excess Non Principal Collections for Series 2006-4 Excess Non Principal Collections for Series 2007-1 Excess Non Principal Collections for Series 2007-2 Excess Non Principal Collections for Series 2008-A 2,339,537.35 4,789,864.53 5,909,448.72 4,703,332.21 4,722,332.78 Excess Non Principal Collections for Series 2009-A Excess Non Principal Collections for Series 2009-B Total Excess Non Principal Collections 1,506,276.86 1,548,111.18 2,533,804.37 28,052,708.00 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 Non Principal Shortfalls for Series 2008-A 0.00 Non Principal Shortfalls for Series 2009-A 0.00 Non Principal Shortfalls for Series 2009-B 0.00 Total Non Principal Shortfalls 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 Aggregate Excess Non Principal Collections Applied to Non Principal Shortfalls for Series 2008-A 0.00 Aggregate Excess Non Principal Collections Applied to Non Principal Shortfalls for Series 2009-A 0.00 Aggregate Excess Non Principal Collections Applied to Non Principal Shortfalls for Series 2009-B 0.00 Total Aggregate Excess Non Principal Collections Applied to Non Principal Shortfalls 0.00 Released to Transferor 28,052,708.00 Page 3 of 8 GE Dealer Floorplan Master Note Trust Payment Date: Collection Period Ended: Closing Date: Next Payment Date: Expected Principal Payment Date: Final Maturity Date: (b) 7/20/2009 6/30/2009 8/02/2007 8/20/2009 7/20/2010 7/20/2012 2007-2 Revolving Period Principal Collections Allocated to Series According to 4.3(b)(ii)(x) of Indenture Supplement Available Principal Collections Treated as Shared Principal Collections Applied According to Section 8.5 of Indenture (c) 335,515,329.62 336,663,324.75 Controlled Accumulation Period Principal Collections Allocated to Series According to 4.3(b)(ii)(y) of Indenture Supplement Available Principal Collections Treated as Shared Principal Collections (i) Monthly Principal Deposited into the Principal Account (ii) Monthly Principal Deposited to Distribution Account and paid to: Class A Class B Class C (iii) Amounts Remaining as Shared Principal Collections Applied According to Section 8.5 of Indenture Early Amortization Period Principal Collections Allocated to Series According to 4.3(b)(ii)(z) of Indenture Supplement (i) Monthly Principal Deposited into the Principal Account (ii) Monthly Principal Deposited to Distribution Account and paid to: Class A Class B Class C (iii) Amounts Remaining as Shared Principal Collections Applied According to Section 8.5 of Indenture Shared Principal Collections for Principal Sharing Series Aggregate Shared Principal Collections for Principal Sharing Series Aggregate Principal Shortfall for Principal Sharing Series 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,721,378,457.76 685,361,378.74 Aggregate Shared Principal Collections Applied to Principal Shortfall for Series 2006-2 Aggregate Shared Principal Collections Applied to Principal Shortfall for Series 2006-3 Aggregate Shared Principal Collections Applied to Principal Shortfall for Series 2006-4 Aggregate Shared Principal Collections Applied to Principal Shortfall for Series 2007-1 Aggregate Shared Principal Collections Applied to Principal Shortfall for Series 2007-2 Aggregate Shared Principal Collections Applied to Principal Shortfall for Series 2008-A 685,361,378.74 0.00 0.00 0.00 0.00 Aggregate Shared Principal Collections Applied to Principal Shortfall for Series 2009-A Aggregate Shared Principal Collections Applied to Principal Shortfall for Series 2009-B 0.00 0.00 Amount Deposited into the Excess Funding Account 0.00 Released to Transferor 0.00 1,036,017,079.02 Page 4 of 8 GE Dealer Floorplan Master Note Trust Payment Date: Collection Period Ended: Closing Date: Next Payment Date: Expected Principal Payment Date: Final Maturity Date: 7/20/2009 6/30/2009 8/02/2007 8/20/2009 7/20/2010 7/20/2012 2007-2 Required Enhancement (Series Level Account) Required Enhancement Percentage Note Principal Balance Required Enhancement Amount 2.50% 1,000,000,000.00 25,000,000.00 Reserve Account Interest Earnings withdrawn Beginning Reserve Account Amount Reserve Account Deposits Reserve Account Withdrawals Ending Reserve Account Amount 6,523.39 25,000,000.00 0.00 0.00 Funded Enhancement Amount Total Enhancement Amount 0.00 25,000,000.00 Enhancement Deficiency 25,000,000.00 0.00 Non Principal Account (Series Level Account) Beginning Balance Deposits Disbursements Ending Balance Principal Account (Series Level Account) Beginning Balance Deposits Disbursements Ending Balance Free Equity Amount Note Trust Principal Balance Aggregate Collateral Amount for all Series of Notes and Initial Subordinated Amount Free Equity Amount Minimum Free Equity Percentage Beginning Outstanding Principal Balance Total Overconcentration Minimum Free Equity Amount 0.00 680,788.88 680,788.88 0.00 0.00 0.00 0.00 0.00 6,864,819,293.03 6,470,970,000.00 393,849,293.03 0.00% 6,171,070,000.00 0.00 0.00 Page 5 of 8 GE Dealer Floorplan Master Note Trust Payment Date: Collection Period Ended: Closing Date: Next Payment Date: Expected Principal Payment Date: Final Maturity Date: 7/20/2009 6/30/2009 8/02/2007 8/20/2009 7/20/2010 7/20/2012 Excess Funding Account (Trust Level Account) Beginning Balance Deposits Disbursements Ending Balance 2007-2 0.00 0.00 0.00 0.00 Summary of Allocation of Collections Total Principal Collections 2,151,002,554.24 Principal Collections Allocated to Series 2006-2 Principal Collections Allocated to Series 2006-3 Principal Collections Allocated to Series 2006-4 Principal Collections Allocated to Series 2007-1 Principal Collections Allocated to Series 2007-2 Principal Collections Allocated to Series 2008-A Principal Collections Allocated to Series 2009-A Principal Collections Allocated to Series 2009-B 165,405,921.84 313,565,728.61 413,530,482.90 333,163,586.65 335,515,329.62 259,936,582.05 103,978,395.61 103,978,395.61 Principal Collections Not Allocated to Any Series and Released to Transferor 121,928,131.35 Total Non Principal Collections Non Principal Collections Allocated to Series 2006-2 53,432,902.62 4,108,836.83 Non Principal Collections Allocated to Series 2006-3 7,789,264.13 Non Principal Collections Allocated to Series 2006-4 10,272,481.54 Non Principal Collections Allocated to Series 2007-1 8,276,093.14 Non Principal Collections Allocated to Series 2007-2 8,334,512.62 Non Principal Collections Allocated to Series 2008-A 6,457,066.29 Non Principal Collections Allocated to Series 2009-A Non Principal Collections Allocated to Series 2009-B 2,582,919.99 2,582,919.99 Non Principal Collections Not Allocated to Any Series and Released to Transferor 3,028,808.09 Page 6 of 8 GE Dealer Floorplan Master Note Trust Payment Date: Collection Period Ended: Closing Date: Next Payment Date: Expected Principal Payment Date: Final Maturity Date: 2007-2 7/20/2009 6/30/2009 8/02/2007 8/20/2009 7/20/2010 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 Current Monthly Payment Rate 31.36% Prior Monthly Payment Rate 28.05% Second Prior Monthly Payment Rate 25.47% 3 Month Average Monthly Payment Rate 28.29% (7) Has the Default Rate Trigger been met? No Current Monthly Default Rate 1.29% Prior Monthly Default Rate 1.15% Second Prior Monthly Default Rate 1.42% 3 Month Average Monthly Default Rate 1.29% (8) Reserve Account balance < Reserve Account trigger No 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 (9) The sum of all investments held in trust accounts of the Issuer > 50% of the assets of the Issuer Current Month Prior Month Second Prior Month Third Prior Month Fourth Prior Month Fifth Prior Month No 2.25% 2.02% 2.02% 2.45% 2.45% 2.50% (10) Have any new series been issued during the related monthly collection period? Yes (11) Have any account additions or account removals occurred during the related monthly collection period? Yes Number of accounts added / (removed) 1,435 Page 7 of 8 GE Dealer Floorplan Master Note Trust Payment Date: Collection Period Ended: Closing Date: Next Payment Date: Expected Principal Payment Date: Final Maturity Date: 2007-2 7/20/2009 6/30/2009 8/02/2007 8/20/2009 7/20/2010 7/20/2012 Delinquency Days Outstanding 31 - 60 61 - 90 91 - 120 121 - 150 151 - 180 *Total Amount (Dollars in Millions) Percentage of Total Receivables Outstanding 9.3 0.14% 5.3 0.08% 4.7 0.07% 3.8 0.06% 2.6 0.04% 25.7 0.37% *Figures may not foot due to rounding Page 8 of 8