GE Capital Commercial Distribution Finance (CDF) announced it will provide inventory financing to manufacturers Wolf Brand Scooters and Oreion Motors.
Wolf Brand Scooters, based in Clearwater, FL, offers affordable scooters made with cutting-edge technology. Wolf Brand is available in nearly 150 dealerships nationwide, with plans to double in the next two years. “We have aggressive growth plans, and we chose GE Capital because of their strong reputation in the powersports industry,” said Diana Hammer, CEO of Wolf Brand Scooters. “We hope to become a household name in the next few years, and GE can help us achieve this goal with their experience in the industry.”
Oreion, founded in 2011 and based in Rio Rancho, NM, has a network of approximately 60 dealers and offers three distinct specialty vehicles. “Our company is looking to expand and we were in search of the right lender to help us meet our goals,” said Kent Knox, owner of Oreion Motors. “We believe that inventory financing from GE Capital will help our dealers sell more product and put our brand in position to grow.”