Mitsubishi HC Capital America announced the company is expanding its commercial specialty vehicle financing solutions, specifically aimed at fire and emergency vehicles, wreckers, and shuttle/transit buses. The company’s sizable lending resources and...
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January 24, 2023, 07:10 AM
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RumbleOn, the nation’s first technology-based omnichannel powersports platform, announced it has entered into a $75 million used powersports inventory financing credit facility with J.P. Morgan. The inventory financing facility supports RumbleOn’s...
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November 01, 2022, 07:00 AM
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Freedom Boat Club, the world’s largest and oldest members-only boat club, has selected Northpoint Commercial Finance as its provider for a new, specially designed install and pay finance program for its franchise network. As a franchise club...
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September 25, 2017, 07:00 AM
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Northpoint Commercial Finance (“Northpoint”) continues to expand its partnerships with Nationwide Marketing Group (“Nationwide”) members through a new program for O’Rourke Sales Company (“O’Rourke”) dealers. Northpoint is a diversified finance...
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June 17, 2016, 07:05 AM
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Wells Fargo Commercial Distribution Finance (CDF) has extended its inventory financing program with Briggs & Stratton Power Products Group, a wholly owned subsidiary of Briggs & Stratton Corp, the world’s largest producer of gasoline engines for...
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April 28, 2016, 07:25 AM
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Wells Fargo Commercial Distribution Finance (CDF) announced it has extended its inventory financing program through 2020 with motorcycle manufacturer, KTM. The extension will be used to support dealership floor plan financing of motocross bikes as...
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March 30, 2016, 07:00 AM
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Sullair, an industry leader in innovative compressed air solutions since 1965, announced it has selected Northpoint Commercial Finance (Northpoint) as the exclusive provider of floorplan financing for its distributors in the U.S. and Canada.The...
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October 27, 2015, 07:01 AM
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Bloomberg reported KKR & Co. and Apollo Global Management are seeking to acquire GE's inventory finance arm, a unit with $11 billion in assets people familiar with the matter said.According to Bloomberg, the buyout firms made bids two weeks ago for...
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September 14, 2015, 07:07 AM
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GE Capital Commercial Distribution Finance has renewed its strategic inventory finance program with generator manufacturer Generac Power Systems, Inc. The funding will be used to stock Generac’s network of independent dealers with its products....
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August 12, 2015, 06:49 AM
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Commercial Distribution Finance (CDF), a division of GE Capital, announced that it has extended its strategic inventory finance program with outdoor power equipment manufacturer Husqvarna Group. The program goes to market as Husqvarna Financial...
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July 24, 2015, 06:56 AM
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GE Capital, Commercial Distribution Finance (CDF) announced a multi-year extension of its strategic inventory financing program with Scag Power Equipment. CDF has worked with Scag, a manufacturer of lawnmowers and debris handling equipment, since...
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July 16, 2015, 07:00 AM
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GE Capital, Commercial Distribution Finance (CDF) announced that it has extended its inventory financing agreement with the American Boat Builders Association (ABA), a major buying group for independent boat builders in the U.S., through 2018. CDF...
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July 10, 2015, 06:34 AM
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TCF Inventory Finance and Ariens Company (Ariens) announced a definitive agreement to provide inventory financing to more than 1,500 Ariens and Gravely dealers across the United States and Canada. TCFIF will be the exclusive financing provider for...
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June 04, 2015, 07:00 AM
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While seasonal weather patterns in 2014 have had a larger-than-normal impact on the lawn and garden industry, GE Capital’s Commercial Distribution Finance business, a leading provider of financing to the lawn and garden industry, says the industry...
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October 23, 2014, 06:00 AM
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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...
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July 24, 2014, 06:44 AM
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GE Capital, Commercial Distribution Finance (CDF) announced it has extended its inventory financing program with Bass Pro Shops through 2018. Bass Pro Shops, which owns boat manufacturer Tracker Marine Group, will use CDF funding to stock Tracker...
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July 11, 2014, 06:19 AM
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GE Capital's Commercial Distribution Finance (CDF) business announced it has extended its strategic floorplan financing agreement with Independent Boat Builders, Inc. (IBBI), a major boat manufacturer buying group, in the U.S. and Canada. The program...
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June 03, 2014, 05:30 AM
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Dealers of recreational vehicles (RVs) are increasing their inventory levels this year in anticipation of a strong selling season, according to GE Capital’s Commercial Distribution Finance (CDF) business, a leading provider of financing to the...
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March 19, 2014, 06:24 AM
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TCF Inventory Finance, Inc. announced that it has extended its financing agreement with American Boatbuilders Association, Inc. (“ABA”). Under the agreement, TCFIF will continue to be a preferred lender to the 12 boat manufacturers that are members...
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December 17, 2013, 06:14 AM
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GE Capital’s Commercial Distribution Finance (CDF) business announced that it has been named the preferred inventory financing provider for Visionary Motorsports Ltd., expanding a relationship that began in 2008.Based in Edmonton, AB, Visionary is...
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December 10, 2013, 06:41 AM
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Four years after the height of the economic downturn, participants in the recreational vehicle (RV) industry in the U.S. and Canada believe they’re heading in the right direction, according to survey results released today by GE Capital’s Commercial...
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December 11, 2012, 07:05 AM
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TCF Inventory Finance (“TCFIF”), a subsidiary of TCF National Bank and an indirect subsidiary of TCF Financial Corporation (“TCF”), announced that it has entered into a multi-year financing agreement with American Boatbuilders Association, Inc....
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October 04, 2012, 07:28 AM
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Effective October 1, Hitachi Capital America Corp. (HCA) has established a wholly owned subsidiary in Canada, Hitachi Capital Canada Corp. (HCC). It will be based in Burlington, Ontario and will initially be targeting the truck transportation market...
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October 01, 2012, 07:55 AM
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Navistar Financial Corporation (NFC), an affiliate of Navistar, Inc., has signed agreements to renew and increase its largest dealer inventory funding facility to $750 million, effective immediately. The facility is funded through three of NFC's...
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August 31, 2012, 07:02 AM
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GE Capital's Commercial Distribution Finance (CDF) business today announced a new $30 million inventory finance program with Logicalis, Inc. The new supplier facility enables Logicalis to finance inventory purchases from specific original equipment...
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August 13, 2012, 06:15 AM
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GE Capital’s Commercial Distribution Finance (CDF) business has agreed to provide Brammo Inc. with inventory financing to support the expansion of its dealer network in the U.S. The Ashland, OR-based manufacturer designs and develops electric...
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July 11, 2012, 07:00 AM
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