GE Dealer Floorplan Master Note Trust 2006-2 8/20/2009 7/31/2009 06/30/2006 9/21/2009 4/20/2011 4/22/2013 Payment Date: Collection Period Ended: Closing Date: Next Payment Date: Expected Principal Payment Date: Final Maturity Date: Note Payment Detail Class CUSIP A 36159LAR7 Interest Rate Original Face Value Beginning Class Balance Principal Payment Amount Interest Payment Amount Ending Class Balance Total 0.35875% 477,500,000.00 477,500,000.00 0.00 147,511.02 147,511.02 477,500,000.00 B 36159LAS5 0.52875% 17,500,000.00 17,500,000.00 0.00 7,967.97 7,967.97 17,500,000.00 C 36159LAT3 0.71875% 5,000,000.00 5,000,000.00 0.00 3,094.62 3,094.62 5,000,000.00 500,000,000.00 500,000,000.00 0.00 158,573.61 158,573.61 500,000,000.00 TOTALS Beginning of Month Balance New Volume Principal Collections Defaulted Amount 6,864,819,293.03 1,997,410,306.97 2,269,263,236.17 10,600,786.07 End of Month Balance 6,582,365,577.76 8.20% Annualized Yield Overconcentrations Are there any Dealer Overconcentrations? 333,052.22 Are there any Manufacturer Overconcentrations? 270,485,736.06 Are there any Product Line Overconcentrations? 14,006,207.45 Discount Factor Collections Principal Collections Non Principal Collections Total Collections Yes Yes Yes 0.0% Total 2,269,263,236.17 47,628,926.03 2,316,892,162.20 Overconcentration 63,015,628.66 1,575,880.85 64,591,509.51 2,206,247,607.51 46,053,045.18 2,252,300,652.69 Defaults Default Amount Series Allocation Percentage Investor Default Amount 10,600,786.07 29,831.71 10,570,954.36 8.02% 847,444.26 Charge-offs Investor Charge-offs 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: 8/20/2009 7/31/2009 06/30/2006 9/21/2009 4/20/2011 4/22/2013 2006-2 Allocation of Available Non Principal Collections Series Allocation Percentage Available Non Principal Collections Allocated to Series 8.02% 3,691,945.65 Application of Available Non Principal Collections and Available Principal Collections 3,691,945.65 (a) Available Non Principal Collections Allocated to Series (i) 0.00 0.00 71.43 (A) Amount to Indenture Trustee (B) Amount to Trustee (C) Amount to Administrator 0.00 (D) Amount to Custodian (ii) Noteholder Servicing Fee Unpaid Servicer Advances and interest thereon 879,166.67 0.00 (iii) Class A Monthly Interest 147,511.02 (iv) Class B Monthly Interest 7,967.97 (v) Class C Monthly Interest 3,094.62 (vi) Investor Default Amount (treated as Available Principal Collections) (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 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 847,444.26 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 (xi) (If Early Amortization Period has not occurred) Release to Issuer to make required yield payments on the Principal Overcollateralization Amount 0.00 1,806,689.68 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: 8/20/2009 7/31/2009 06/30/2006 9/21/2009 4/20/2011 4/22/2013 2006-2 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 1,586,726.92 0.00 4,023,269.83 3,168,910.52 3,179,913.81 Excess Non Principal Collections for Series 2009-A Excess Non Principal Collections for Series 2009-B Total Excess Non Principal Collections 425,323.08 490,850.51 1,227,337.48 14,102,332.15 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 14,102,332.15 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) 8/20/2009 7/31/2009 06/30/2006 9/21/2009 4/20/2011 4/22/2013 2006-2 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) 176,868,787.48 177,716,231.74 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) Principal Overcollateralization Amount (iv) 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) Amount equal to the Principal Overcollateralization release to Issuer (after the Note Principal Balance shall have been reduced to zero) (iv) Amounts Remaining as Shared Principal Collections Applied According to Section 8.5 of Indenture 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 0.00 0.00 Shared Principal Collections for Principal Sharing Series Aggregate Shared Principal Collections for Principal Sharing Series Aggregate Principal Shortfall for Principal Sharing Series 1,843,185,160.89 0.00 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 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 Issuer 0.00 0.00 0.00 0.00 0.00 1,843,185,160.89 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: 8/20/2009 7/31/2009 06/30/2006 9/21/2009 4/20/2011 4/22/2013 2006-2 Required Reserve Account (Series Level Account) Required Reserve Account Percentage Note Principal Balance Required Reserve Account Amount 2.50% 500,000,000.00 12,500,000.00 Reserve Account Interest Earnings withdrawn Beginning Reserve Account Amount Reserve Account Deposits Reserve Account Withdrawals Ending Reserve Account Amount 2,727.82 12,500,000.00 0.00 0.00 Total Enhancement Amount 12,500,000.00 Reserve Account Deficiency 0.00 12,500,000.00 Non Principal Account (Series Level Account) Beginning Balance Deposits Disbursements Ending Balance 0.00 378,536.37 378,536.37 0.00 Principal Account (Series Level Account) Beginning Balance Deposits Disbursements 0.00 0.00 0.00 Ending Balance 0.00 Free Equity Amount Note Trust Principal Balance Aggregate Collateral Amount for all Series of Notes and Initial Subordinated Amount Free Equity Amount 6,582,365,577.76 5,470,970,000.00 1,111,395,577.76 Minimum Free Equity Percentage Beginning Outstanding Principal Balance Total Overconcentration Minimum Free Equity Amount 0.00% 5,171,070,000.00 284,824,995.73 284,824,995.73 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: 8/20/2009 7/31/2009 06/30/2006 9/21/2009 4/20/2011 4/22/2013 2006-2 Excess Funding Account (Trust Level Account) Beginning Balance Deposits Disbursements Ending Balance 0.00 0.00 0.00 0.00 Summary of Allocation of Collections Total Principal Collections 2,206,247,607.51 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 176,868,787.48 0.00 442,188,733.50 356,252,297.05 358,767,019.15 277,950,556.88 111,184,246.31 111,184,246.31 Principal Collections Not Allocated to Any Series and Released to Issuer 371,851,720.83 Total Non Principal Collections Non Principal Collections Allocated to Series 2006-2 46,053,045.18 3,691,945.65 Non Principal Collections Allocated to Series 2006-3 0.00 Non Principal Collections Allocated to Series 2006-4 9,230,214.08 Non Principal Collections Allocated to Series 2007-1 7,436,383.42 Non Principal Collections Allocated to Series 2007-2 7,488,875.54 Non Principal Collections Allocated to Series 2008-A 5,801,918.84 Non Principal Collections Allocated to Series 2009-A Non Principal Collections Allocated to Series 2009-B 2,320,851.52 2,320,851.52 Non Principal Collections Not Allocated to Any Series and Released to Issuer 7,762,004.61 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: 2006-2 8/20/2009 7/31/2009 06/30/2006 9/21/2009 4/20/2011 4/22/2013 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 33.06% Prior Monthly Payment Rate 31.36% Second Prior Monthly Payment Rate 28.05% 3 Month Average Monthly Payment Rate 30.82% (7) Has the Default Rate Trigger been met? No Current Monthly Default Rate 1.85% Prior Monthly Default Rate 1.29% Second Prior Monthly Default Rate 1.15% 3 Month Average Monthly Default Rate 1.43% (8) Reserve Account balance < Reserve Account trigger No 12,500,000.00 Reserve Account balance 2.25 (A) Required Reserve Account Percentage minus 0.25% 500,000,000.00 times (B) Note Principal Balance 11,250,000.00 Reserve Account trigger (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 1.96% 2.25% 2.02% 2.02% 2.45% 2.45% (10) Have any new series been issued during the related monthly collection period? No (11) Have any account additions or account removals occurred during the related monthly collection period? No Number of accounts added / (removed) : 0 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: 2006-2 8/20/2009 7/31/2009 06/30/2006 9/21/2009 4/20/2011 4/22/2013 Delinquency Days Outstanding 31 - 60 61 - 90 91 - 120 121 - 150 151 - 180 *Total Amount (Dollars in Millions) Percentage of Total Receivables Outstanding 5.9 0.09% 6.7 0.10% 4.1 0.06% 4.0 0.06% 3.0 0.05% 23.7 0.36% *Figures may not foot due to rounding Page 8 of 8