First Business Bank’s Floorplan Financing team announced it funded a $6 million inventory floorplan line of credit for an independent car dealership in Connecticut. “Our new client in Connecticut is approaching its 35th anniversary,” said John...
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October 20, 2022, 07:08 AM
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First Business Bank announced the funding of a $3.5 million inventory floorplan line of credit for a North Carolina-based independent car dealership through First Business Bank’s Floorplan Financing group. “Our new client is doing great things in...
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June 23, 2022, 07:10 AM
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NETSOL Technologies signed an agreement with Motorcycle Group to deploy the cloud-based version of its flagship NFS Ascent® platform across the customer’s entire operations. This agreement marks the first official sale for NFS Ascent in the U.S....
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August 20, 2021, 06:01 AM
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Sheffield Financial, a division of Branch Banking and Trust Company, and Kawasaki Motors Corp., U.S.A. (KMC), recently agreed to a multi-year financing services agreement, effective immediately.The agreement allows Sheffield to provide consumer...
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December 21, 2017, 07:05 AM
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Citi Retail Services announced a long-term agreement with American Honda Motor Corp. to provide a private label credit card program supporting Honda’s Powersports dealer network nationwide. Citi Retail Services is one of North America’s largest and...
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July 27, 2017, 06:54 AM
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Citi Retail Services announced a consumer and commercial private label agreement with Honda Power Equipment. This new relationship is the latest addition to Citi Retail Services’ power sports and equipment portfolio.Honda’s power equipment division...
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April 28, 2017, 07:10 AM
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Kawasaki Motors Corp., U.S.A. (KMC) announced a new consumer financing relationship with Citi Retail Services, providing a private label credit card program in the U.S. The agreement gives KMC dealers another financing option for their...
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February 02, 2017, 07:00 AM
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Northpoint Commercial Finance (Northpoint) announced Jiangsu Linhai Power Machinery Group Corp. (Linhai) has chosen Northpoint as their exclusive floorplan financing partner for North American dealers. The partnership will help both companies expand...
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January 11, 2017, 07:05 AM
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Wells Fargo Commercial Distribution Finance (CDF), part of Wells Fargo & Company announced it has extended its dealer financing program with Triumph Motorcylces Ltd., the iconic British motorcycle manufacturer. The program will serve the...
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December 05, 2016, 06:55 AM
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REV Group (REV), a $2 billion specialty vehicle (SV) manufacturer, announced that they chose Wells Fargo Commercial Distribution Finance (CDF), part of Wells Fargo & Company, to launch a new program for dealer and distributor financing across the U.S...
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October 20, 2016, 07:07 AM
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Wells Fargo Commercial Distribution Finance (CDF), part of Wells Fargo & Company, is launching a new financing program with National Powersports Auctions (NPA), a leading provider of auction and remarketing services in the powersports industry. The...
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September 19, 2016, 07:05 AM
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Wells Fargo announced the extension of its vendor financing relationship with dozens of Doosan businesses – including Bobcat Company, the compact machinery maker and distributor – through December 2020.Doosan’s recent agreement with Wells Fargo...
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September 13, 2016, 07:20 AM
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Wells Fargo Commercial Distribution Finance (CDF), part of Wells Fargo & Company announced it has signed a dealer financing program with Columbia ParCar Corp. (CPC), a premier electric vehicle manufacturer. The financing will be used to promote and...
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September 09, 2016, 07:08 AM
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Wells Fargo Commercial Distribution Finance (CDF), part of Wells Fargo & Company, announced it has extended its dealer financing program with LS Tractor USA LLC, a leading manufacturer of tractor equipment. The financing program, which was first...
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August 31, 2016, 07:08 AM
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Wells Fargo Commercial Distribution Finance (CDF), part of Wells Fargo & Company announced it has extended its inventory financing program with motorcycle national sales company Ducati North America. The extension will be used to support dealership...
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June 21, 2016, 07:09 AM
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Chrome Capital, the Naples, FL-based lessor of pre-owned Harley-Davidson® and new Indian® and Victory® motorcycles, will celebrate its fifth anniversary on May 20, 2016. “This has been a fast, open throttle ride, up a very steep hill,” said Peter...
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May 20, 2016, 06:49 AM
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CIT Group announced a financing relationship between CIT Equipment Finance, a leading provider of equipment financing solutions in the United States, and LiuGong North America (LiuGong), a global leader in the manufacturing of heavy construction...
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April 06, 2016, 07:16 AM
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Northpoint Commercial Finance has developed a financing program for D&H Distributing (D&H) resellers. The program provides extended terms to D&H resellers who are also Nationwide Marketing Group members.Nationwide, North America’s largest buying and...
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March 17, 2016, 06:58 AM
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Legend welcomes Northpoint Commercial Finance as one of their service partners.Jamie Dewar, Co-General Manager of Legend, states, “By adding Northpoint to our existing Floorplan Financing Providers it gives us the ability to live our mission of...
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March 11, 2016, 07:00 AM
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Northpoint Commercial Finance has launched an extended term floorplan finance program for Capitol dealers who are members of Nationwide Marketing Group.Nationwide Marketing Group, North America’s largest buying and marketing organization, added...
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March 09, 2016, 06:50 AM
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Commercial Distribution Finance (CDF), a business of GE Capital announced it has extended its inventory financing program with Branson Tractor, a tractor distribution company, through 2019. The extension of the current agreement will be used to...
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January 14, 2016, 07:40 AM
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Commercial Distribution Finance (“CDF"), a business of GE Capital, announced that Arctic Cat, a leading manufacturer of recreational products, has chosen CDF as an exclusive provider for dealer inventory financing across North America. The financing...
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December 18, 2015, 07:12 AM
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Commercial Distribution Finance (CDF), a business of GE Capital, announced it has renewed its joint venture in the U.S. and extended the term of the Canadian program with Polaris Industries, a global sales leader in the powersports industry, through...
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December 08, 2015, 12:00 PM
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SANY America (SANY), a leading global manufacturer of construction machinery and equipment, has chosen Northpoint Commercial Finance (Northpoint) as the exclusive provider of inventory financing for its fast-growing network of North American dealers....
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November 12, 2015, 07:15 AM
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American Trailer Works (ATW), North America’s largest manufacturer of utility and cargo trailers, announced an agreement with Northpoint Commercial Finance to provide an ATW-branded inventory finance program for its broad network of independent...
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October 23, 2015, 07:10 AM
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Wacker Neuson Corporation announced the establishment of Wacker Neuson Finance, an integrated platform which will provide financing to Wacker Neuson dealers and commercial end-users of Wacker Neuson equipment. GreatAmerica Financial Services will...
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September 16, 2015, 07:19 AM
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GE Capital Commercial Distribution Finance (CDF) announced that it has been selected by Bush Hog, Inc., a leading North American manufacturer of rotary cutters, to provide financing solutions to its U.S. dealer network. CDF will provide Bush Hog...
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August 20, 2015, 07:05 AM
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GE Capital Commercial Distribution Finance (CDF) announced that it has extended its inventory financing agreement with Wright Manufacturing, Inc., a producer of commercial lawn mowers. The financing will be used for its network of dealers and...
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August 19, 2015, 07:10 AM
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Commercial Distribution Finance (CDF), a division of GE Capital, announced that its joint inventory-financing venture with Brunswick Corporation, Brunswick Acceptance Company (BAC), has been extended through 2019.BAC provides boat dealers with a...
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August 07, 2015, 07:00 AM
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The powersports industry, which includes motorcycles, all-terrain vehicles (ATV), utility-terrain vehicles (UTVs), snowmobiles, and personal watercraft, is robust and continues to grow according to dealer performance data from Commercial Distribution...
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July 29, 2015, 07:07 AM
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A subsidiary of Navistar Financial Corporation (NFC) closed a $250 million, two-year, 144-A securitized dealer floor plan transaction to support International® Truck and IC Bus™ dealer inventory funding. The transaction will replace a $250 million...
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July 29, 2015, 07:00 AM
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GE Capital, Commercial Distribution Finance (CDF announced it has launched Dealer Insights, an online portal designed to give motorsports dealers relevant information on inventory, demographics and financing to help guide business decisions. Pulling...
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March 24, 2015, 06:52 AM
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UniCarriers Americas Corporation (UCA), a leading manufacturer of materials handling equipment, and DLL, a global provider of asset-based financial solutions, have formed a partnership to provide financial solutions to UniCarriers Americas’ dealer...
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January 20, 2015, 07:08 AM
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GE Capital, Commercial Distribution Finance (CDF) announced it has significantly expanded its inventory financing program with MarineMax, the nation’s largest boat dealer, and extended its duration through 2017. The $235 million facility will allow...
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September 18, 2014, 06:31 AM
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CDK Global, LLC., a subsidiary of ADP, and a leading global technology solutions provider dedicated to helping automotive retailers and manufacturers drive measurable results, announced that it will offer a new, co-branded financing program for U.S....
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September 17, 2014, 06:49 AM
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GE Capital’s Commercial Distribution Finance (CDF) business announced today that it will begin providing floorplan financing to dealers that stock Sharp Electronics Corp.’s office imaging (OI) equipment. CDF has been providing financing to Sharp’s...
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June 27, 2014, 07:00 AM
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GE Capital, Commercial Distribution Finance (CDF) is optimistic about further growth in 2014 in financing the music equipment industry in advance of the National Association of Music Merchants’ (NAMM) annual winter show.“It’s important for us to be...
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January 24, 2014, 06:15 AM
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Marine manufacturers and dealers are upbeat about their industry as the U.S. selling season comes to a close, according to GE Capital's Commercial Distribution Finance (CDF) business.The positive sentiment is expected to be reflected in the mood at...
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November 15, 2013, 07:30 AM
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The motorsports industry is positive about sales trends and excited about new product introductions, according to a survey conducted by GE Capital, Commercial Distribution Finance (CDF). Thirty-seven percent of respondents anticipate sales growth of...
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November 13, 2013, 06:46 AM
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GE Capital’s Commercial Distribution Finance (CDF) business announced that it will provide inventory financing to dealers affiliated with Massimo Motor. Based in Irving, TX, Massimo distributes a range of motorsports products, including all-terrain...
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November 06, 2013, 07:00 AM
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GE Capital’s Commercial Distribution Finance (CDF) business announced that it plans to expand its inventory financing capabilities and coverage of the commercial foodservice and refrigeration industries across the U.S. and Canada. CDF has been...
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October 03, 2013, 06:56 AM
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GE Capital’s Transportation Finance business announced that it has increased its credit facility for Rush Enterprises, Inc. to $750 million from $600 million. Rush, which operates the largest network of commercial vehicle dealerships in North America...
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September 27, 2013, 06:46 AM
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Huntington has announced that it is expanding its growing auto dealer financing business into Iowa and has added key personnel into the state to support the initiative. “Huntington Auto Finance continues to expand its auto finance business in key...
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September 25, 2013, 06:30 AM
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Navistar Financial Corporation (NFC), an affiliate of Navistar, Inc., has signed agreements to extend its $500 million dealer inventory funding facility an additional six months. The facility, which is funded through three of NFC's major relationship...
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September 20, 2013, 06:45 AM
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GE Capital’s Commercial Distribution Finance (CDF) business said it has seen positive trends in the Canadian marine, motorsports and recreational vehicle (RV) industries through the first half of the year. It expects favorable conditions to continue...
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August 13, 2013, 06:50 AM
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Huntington has announced that it is expanding its successful auto dealer financing business into Connecticut and has added key personnel into the state to support the initiative. "The addition of Connecticut completes Huntington's expansion strategy...
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June 18, 2013, 06:32 AM
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GE Capital’s Commercial Distribution Finance (CDF) business announced that it will provide inventory financing to dealerships that carry Ural Motorcycles, distributed by Irbit Motorworks of America, Inc., based in Redmond, WA.Made in the Siberian...
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June 14, 2013, 07:02 AM
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GE Capital’s Commercial Distribution Finance (CDF) business announced today that it will provide inventory financing to motorsports dealerships that carry products manufactured by American SportWorks. American SportWorks produces LANDmaster utility...
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May 17, 2013, 06:58 AM
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GE Capital's Commercial Distribution Finance (CDF) business announced today that it will continue to be the exclusive provider of inventory financing for the Husqvarna Group's independent dealer network in the U.S. and Canada. Headquartered in...
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January 10, 2013, 07:30 AM
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GE Capital's Commercial Distribution Finance (CDF) business announced today it has signed an enhanced strategic floorplan financing agreement with Independent Boat Builders, Inc. (IBBI), a major U.S. boat manufacturer buying group. The program covers...
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January 09, 2013, 07:16 AM
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GE Capital’s Commercial Distribution Finance (CDF) business says it is optimistic about the outlook for the RV industry and remains committed to providing flexible inventory financing (floorplan) products."RV sales are often tied to economic...
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November 20, 2012, 06:30 AM
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GE Capital’s Commercial Distribution Finance (CDF) business announced it will be the strategic floorplan finance provider to Nautic Global Group, Inc. (NGG), a major U.S. boat manufacturer. The jointly developed program is available immediately to...
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August 08, 2012, 07:00 AM
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GE Capital, Commercial Distribution Finance (CDF) today announced significant upgrades to its online inventory finance management tool used by dealers across a wide range of durable consumer products industries including recreational vehicles, marine...
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June 15, 2012, 07:00 AM
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