Payment Date:	01/14/2008	GE Equipment Midticket LLC
Collection Period Ended:	12/31/2007	SERIES 2007-1
Closing Date:	11/20/2007	STATEMENT TO NOTEHOLDERS
Next Payment Date:	02/14/2008
Final Payment Date:	10/15/2018

Note Payment Detail

in Dollars

Class	CUSIP	Interest Rate	Original Face Value	Beginning Class Balance	Principal Payment Amount	Interest Payment Amount	Total	Ending Class Balance
CLASS A-1	36159YAA6	4.90565%	243,000,000.00	190,787,625.18	21,949,177.62	805,946.02	22,755,123.64	168,838,447.56
CLASS A-2a	36159YAB4	4.58000%	75,000,000.00	75,000,000.00	0.00	286,250.00	286,250.00	75,000,000.00
CLASS A-2b	36159YAC2	5.30250%	208,000,000.00	208,000,000.00	0.00	949,736.67	949,736.67	208,000,000.00
CLASS A-3a	36159YAD0	4.53000%	53,000,000.00	53,000,000.00	0.00	200,075.00	200,075.00	53,000,000.00
CLASS A-3b	36159YAE8	5.35250%	200,000,000.00	200,000,000.00	0.00	921,819.44	921,819.44	200,000,000.00
CLASS A-4	36159YAG3	5.40250%	311,727,000.00	311,727,000.00	0.00	1,450,201.63	1,450,201.63	311,727,000.00
CLASS B	36159YAH1	5.88000%	26,728,000.00	26,728,000.00	0.00	130,967.20	130,967.20	26,728,000.00
CLASS C	36159YAJ7	6.85000%	19,904,000.00	19,904,000.00	0.00	113,618.67	113,618.67	19,904,000.00
	TOTALS		1,137,359,000.00	1,085,146,625.18	21,949,177.62	4,858,614.63	26,807,792.25	1,063,197,447.56

Factor Information per $1,000 of Original Face Value

Class	CUSIP	Beginning Principal Factor	Principal	Interest	Total	Ending Principal Factor
CLASS A-1	36159YAA6	785.1342600	90.3258338	3.3166503	93.6424841	694.8084262
CLASS A-2a	36159YAB4	1000.0000000	0.0000000	3.8166667	3.8166667	1000.0000000
CLASS A-2b	36159YAC2	1000.0000000	0.0000000	4.5660417	4.5660417	1000.0000000
CLASS A-3a	36159YAD0	1000.0000000	0.0000000	3.7750000	3.7750000	1000.0000000
CLASS A-3b	36159YAE8	1000.0000000	0.0000000	4.6090972	4.6090972	1000.0000000
CLASS A-4	36159YAG3	1000.0000000	0.0000000	4.6521528	4.6521528	1000.0000000
CLASS B	36159YAH1	1000.0000000	0.0000000	4.9000000	4.9000000	1000.0000000
CLASS C	36159YAJ7	1000.0000000	0.0000000	5.7083335	5.7083335	1000.0000000
	TOTALS	954.0933207	19.2983725	4.2718391	23.5702116	934.7949483

Factor Information per $1,000 of Original Face Value - Fees

Servicing Fee	0.2875535
Servicer Advances	0.0000000
Administration Fees	0.0002198

Payment Date:	01/14/2008	GE Equipment Midticket LLC
Collection Period Ended:	12/31/2007	SERIES 2007-1
Closing Date:	11/20/2007	STATEMENT TO NOTEHOLDERS
Next Payment Date:	02/14/2008
Final Payment Date:	10/15/2018



Funding of the Collection Account


(i)	Total Principal Payments Received	21,777,404.20

(ii)	Interest Payments Received	6,755,159.78

(iii)	Net Swap Receipts and Swap Termination Payments	271,769.66

(iv)	Recoveries	0.00

(v)	Liquidation Proceeds	0.00

(vi)	Purchase Amount of Loans that became Purchased Loans in the current Collection	0.00
	Period pursuant to Section 2.4 of the Loan Purchase and Sale Agreement

	Purchase Amount of Loans that became Purchased Loans in the current Collection
	Period pursuant to Section 7.2(b) of the Loan Purchase and Sale Agreement	0.00

(vii)	Investment Earnings	70,072.39

(viii)	Excess reserve amount	0.00

(iX)	Servicer Advances	0.00

(x)	Termination Value payments	0.00

(xi)	Available Amounts	28,874,406.03

(xii)	Draws on the Reserve Account	0.00

(xiii)	Total Cash Available in the Collection Account	28,874,406.03

Payment Date:	01/14/2008	GE Equipment Midticket LLC
Collection Period Ended:	12/31/2007	SERIES 2007-1
Closing Date:	11/20/2007	STATEMENT TO NOTEHOLDERS
Next Payment Date:	02/14/2008
Final Payment Date:	10/15/2018


Permitted Withdrawals from Collection Account

(i)	Amounts deposited in error		0.00

(ii)	Servicing Fee
	Previously accrued but unpaid	0.00
	Current period accrued	327,051.57
	Total amount due	327,051.57
	Total amount paid	327,051.57
	Closing accrued but unpaid	0.00

	Total Servicing Fee Paid		327,051.57

(iii)	Reimbursement of Servicer Advances		1,617,733.36

	Total of Permitted Withdrawals		1,944,784.93

	Total funds in the Note Distribution Account available for distribution		26,929,621.10

Payment Date:	01/14/2008	GE Equipment Midticket LLC
Collection Period Ended:	12/31/2007	SERIES 2007-1
Closing Date:	11/20/2007	STATEMENT TO NOTEHOLDERS
Next Payment Date:	02/14/2008
Final Payment Date:	10/15/2018


Payments from the Note Distribution Account

1.	Trustee Fees and Expenses Paid		265.00
2.	Administration Fee Paid		250.00
3.	Swap Payments to Swap Counterparty		0.00

4.	Ratably pay Class A Interest and Swap Termination Payment

	(a)	Class A-1 Note Interest Payment	805,946.02
		Class A-2a Note Interest Payment	286,250.00
		Class A-2b Note Interest Payment	949,736.67
		Class A-3a Note Interest Payment	200,075.00
		Class A-3b Note Interest Payment	921,819.44
		Class A-4 Note Interest Payment	1,450,201.63

	(b)	Swap Termination Payments	0.00

5.	Class B Note Interest Payment		130,967.20

6.	Class C Note Interest Payment
			113,618.67
7.	Principal Payments on the Notes
	(i)	Class A-1 Noteholders' principal payment	21,827,863.77
		Class A-2a Noteholders' principal payment	0.00
		Class A-2b Noteholders' principal payment	0.00
		Class A-3a Noteholders' principal payment	0.00
		Class A-3b Noteholders' principal payment	0.00
		Class A-4 Noteholders' principal payment	0.00

	(ii)	Class B Noteholders' Monthly Principal Payable Amount	0.00

	(iii)	Class C Noteholders' Monthly Principal Payable Amount	0.00

9.	Excess Reserve amount		0.00

10.	Pay 50% of Excess Spread Amount as Principal on Notes		121,313.85

11.	Deposit to the Reserve Account, if any		0.00

12.	Previously unpaid trustee fees and expenses		0.00

13.	Released to Issuer		121,313.85

Payment Date:	01/14/2008	GE Equipment Midticket LLC
Collection Period Ended:	12/31/2007	SERIES 2007-1
Closing Date:	11/20/2007	STATEMENT TO NOTEHOLDERS
Next Payment Date:	02/14/2008
Final Payment Date:	10/15/2018


Note Interest Payment Amounts

CLASS A-1 Interest Payment Amount
Interest Payment Due	805,946.02
Interest Paid	805,946.02
Cumulative Interest Shortfall Amount	0.00

CLASS A-2a Interest Payment Amount
Interest Payment Due	286,250.00
Interest Paid	286,250.00
Cumulative Interest Shortfall Amount	0.00

CLASS A-2b Interest Payment Amount
Interest Payment Due	949,736.67
Interest Paid	949,736.67
Cumulative Interest Shortfall Amount	0.00

CLASS A-3a Interest Payment Amount
Interest Payment Due	200,075.00
Interest Paid	200,075.00
Cumulative Interest Shortfall Amount	0.00

CLASS A-3b Interest Payment Amount
Interest Payment Due	921,819.44
Interest Paid	921,819.44
Cumulative Interest Shortfall Amount	0.00

CLASS A-4 Interest Payment Amount
Interest Payment Due	1,450,201.63
Interest Paid	1,450,201.63
Cumulative Interest Shortfall Amount	0.00

CLASS B Interest Payment Amount
Interest Payment Due	130,967.20
Interest Paid	130,967.20
Cumulative Interest Shortfall Amount	0.00

CLASS C Interest Payment Amount
Interest Payment Due	113,618.67
Interest Paid	113,618.67
Cumulative Interest Shortfall Amount	0.00

Payment Date:	01/14/2008	GE Equipment Midticket LLC
Collection Period Ended:	12/31/2007	SERIES 2007-1
Closing Date:	11/20/2007	STATEMENT TO NOTEHOLDERS
Next Payment Date:	02/14/2008
Final Payment Date:	10/15/2018



Note Principal Payment Amounts

CLASS A-1 Principal Payment Amount
CLASS A-1 Principal Due	21,827,863.77
CLASS A-1 Principal Paid	21,827,863.77
CLASS A-1 Turbo Principal Paid	121,313.85
CLASS A-1 Total Principal Payment Amount		21,949,177.62
CLASS A-2a Principal Payment Amount
CLASS A-2a Principal Due	0.00
CLASS A-2a Principal Paid	0.00
CLASS A-2a Turbo Principal Paid	0.00
CLASS A-2a Total Principal Payment Amount		0.00
CLASS A-2b Principal Payment Amount
CLASS A-2b Principal Due	0.00
CLASS A-2b Principal Paid	0.00
CLASS A-2b Turbo Principal Paid	0.00
CLASS A-2b Total Principal Payment Amount		0.00
CLASS A-3a Principal Payment Amount
CLASS A-3a Principal Due	0.00
CLASS A-3a Principal Paid	0.00
CLASS A-3a Turbo Principal Paid	0.00
CLASS A-3a Total Principal Payment Amount		0.00
CLASS A-3b Principal Payment Amount
CLASS A-3b Principal Due	0.00
CLASS A-3b Principal Paid	0.00
CLASS A-3b Turbo Principal Paid	0.00
CLASS A-3b Total Principal Payment Amount		0.00
CLASS A-4 Principal Payment Amount
CLASS A-4 Principal Due	0.00
CLASS A-4 Principal Paid	0.00
CLASS A-4 Turbo Principal Paid	0.00
CLASS A-4 Total Principal Payment Amount		0.00
CLASS B Principal Payment Amount
CLASS B Principal Due	0.00
CLASS B Principal Paid	0.00
CLASS B Turbo Principal Paid	0.00
CLASS B Total Principal Payment Amount		0.00
CLASS C Principal Payment Amount
CLASS C Principal Due	0.00
CLASS C Principal Paid	0.00
CLASS C Turbo Principal Paid	0.00
CLASS C Total Principal Payment Amount		0.00

Payment Date:	01/14/2008	GE Equipment Midticket LLC
Collection Period Ended:	12/31/2007	SERIES 2007-1
Closing Date:	11/20/2007	STATEMENT TO NOTEHOLDERS
Next Payment Date:	02/14/2008
Final Payment Date:	10/15/2018


Reserve Account

Reserve Account

			% of Current Balance	% of Original Balance
Initial Reserve Account Deposit		17,060,406.77	1.60%	1.50%

Required Reserve Account Amount

Initial Aggregate Loan Value	1,137,360,451.18

Required Reserve Account Amount		17,060,406.77

Opening Reserve Account Balance		17,060,406.77	1.60%	1.50%
Withdrawals from the Reserve Account		0.00	0.00%	0.00%
Available Reserve Account Amount		17,060,406.77	1.60%	1.50%

Reserve Account Deficiency		0.00	0.00%	0.00%

Deposits to the Reserve Account		0.00	0.00%	0.00%

Excess Reserve		0.00	0.00 %	0.00 %

Ending Reserve Account Balance		17,060,406.77	1.60%	1.50%

Please note Investment Earnings of 70,072.39 have been deposited into Collections

Payment Date:	01/14/2008	GE Equipment Midticket LLC
Collection Period Ended:	12/31/2007	SERIES 2007-1
Closing Date:	11/20/2007	STATEMENT TO NOTEHOLDERS
Next Payment Date:	02/14/2008
Final Payment Date:	10/15/2018


Collateral Activity

Beginning Balance	1,085,148,076.36	Overcollateralization:
Principal Collections	(21,777,404.20)	Pool Balance	1,063,320,212.59
*Charge-offs	(50,459.62)	Outstanding Principal Balance of Notes	1,063,197,447.56
Total Repurchased Contracts	0.00	Overcollateralization Amount	122,765.03
Adjustments	0.05
Ending Balance	1,063,320,212.59	Interest Collections	6,755,159.78
		Total Collections	28,874,406.03

Delinquency Summary

	Number of Accounts	Ending Loan Value
Delinquent <= 30 Days	6,965	1,058,616,484.87
Delinquent 31 - 60 Days	57	3,568,608.60
Delinquent 61 - 90 Days	10	634,213.18
Delinquent 91 - 120 Days	10	465,889.14
Delinquent 121 - 150 Days	1	35,016.80
Delinquent 151 - 180 Days	0	0.00
Delinquent 181 or more Days	0	0.00
Total	7,043	1,063,320,212.59

Other Pool Activity

	Beginning	Current Period	Cumulative	Cumulative %
Aggregate amount of outstanding principal balance of Liquidated Loans (Post Charge-offs)	0.00	0.00	0.00	0.0000%

Aggregate amount of outstanding principal balance of Defaulted Loans (At the time loans became defaulted)	0.00	0.00	0.00	0.0000%

*Charge-offs	0.00	50,459.62	50,459.62	0.0044%

Purchase Amount of Loans that became Purchased Loans in the current Collection Period pursuant to Section 2.4 of the Loan Purchase and Sale Agreement	0.00	0.00	0.00	0.0000%

Purchase Amount of Loans that became Purchased Loans in the current Collection Period pursuant to Section 7.2(b) of the Loan Purchase and Sale Agreement	621,020.46	0.00	621,020.46	0.0000%

Recoveries	0.00	0.00	0.00	0.0000%

* Represents Portion of outstanding principal balance of loans written off in respect of Loans that became Defaulted Loans / Liquidated Loans

Payment Date:	01/14/2008	GE Equipment Midticket LLC
Collection Period Ended:	12/31/2007	SERIES 2007-1
Closing Date:	11/20/2007	STATEMENT TO NOTEHOLDERS
Next Payment Date:	02/14/2008
Final Payment Date:	10/15/2018


Historical Detail

Delinquencies
Payment	31-60 Days		61-90 Days		91-120 Days		121-150 Days		151-180 Days		181 + Days		Total
Date	#	Balance	#	Balance	#	Balance	#	Balance	#	Balance	#	Balance	#	Balance
01/14/2008	57		10		10		1		0		0		78
		3,568,608.60		634,213.18		465,889.14		35,016.80		0.00		0.00		4,703,727.72
12/14/2007	26		11		0		0		0		0		37
		1,139,543.38		812,860.81		0.00		0.00	0.00			0.00		1,952,404.19

Payment Date:	01/14/2008	GE Equipment Midticket LLC
Collection Period Ended:	12/31/2007	SERIES 2007-1
Closing Date:	11/20/2007	STATEMENT TO NOTEHOLDERS
Next Payment Date:	02/14/2008
Final Payment Date:	10/15/2018


Historical Detail

Performance Data
Payment Date	Liquidated Loans	Repurchased Amounts	Defaulted Loans	Pool Balance	Overcollateralization	Recoveries	*Charge-offs	Lifetime CPR
01/14/2008	0.00	621,020.46	0.00	1,063,320,212.59	122,765.03	0.00	50,459.62	6.06%
12/14/2007	0.00	621,020.46	0.00	1,085,148,076.36	1,451.18	0.00	0.00	7.86%

- Values above represent cumulative amounts as of the corresponding Payment Date
* Represents Portion of outstanding principal balance of loans written off in respect of Loans that became Defaulted Loans / Liquidated Loans

GE Equipment Midticket LLC, Series 2007-1 10-D