Shares of

Finova

(FNV) - Get Report

jumped 14% Friday on reports of a new bid to recaplitalize the struggling finance company.

This time around the suitors are

Goldman Sachs

(GS) - Get Report

and

GE Capital

(GE) - Get Report

,

The Wall Street Journal

reports. The companies have proposed taking control of Finova through an investment of about $2 billion, the report said, even as talk of a possible Chapter 11 filing intensifies. Representatives of Finova and Goldman Sachs weren't immediately available for comment, and a spokesman for GE Capital declined to comment. Finova added 17 cents to $1.37 in Friday trading.

The companies are not interested in acquiring Finova outright, the story said. The report comes in the wake of Finova's

failed cash-infusion deal with insurer

Leucadia National

(LUK)

.

Shares of Finova have plummeted more than 90% over the last 12 months after news of a substantial loan writedown last March, followed by the abrupt resignation of CEO Samuel Eichenfield in May. Currently Finova has about $4.7 billion in bank debt and $6.6 billion in bonds. In the next two months, the company is scheduled to meet about $2 billion in debt repayments.

The

Leucadia deal fell apart amid opposition from Finova creditors. A source close to the current proposition said there are many hurdles to overcome in order for the proposed GE Capital/Goldman Sachs bailout plan to work. Those roadblocks are in addition to the already brewing opposition to the deal, this same person said. Distressed debt investors have homed in on Finova's bonds and bank debt over the past few months, in hopes that a recovery effort would be boosted by Finova's assets.