Solifi, a global fintech software partner for secured finance, announced the latest product enhancements for its wholesale finance solution. The 2023 releases include several new features designed to provide North American customers with an enhanced...
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October 03, 2023, 07:28 AM
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Equify Financial, LLC announced the continued expansion of its Small-Ticket Dealer and Vendor Program Equipment Finance Business with the hiring of key personnel across sales and project-related functional areas of the platform.Joining the team as...
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August 11, 2023, 07:23 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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TowneBank announced its Board of Directors has elected Brad Schwartz as President and Chief Operating Officer succeeding J. Morgan Davis who will continue to serve as Chief Executive Officer.“Brad joined our Towne family in 2016 with the merger of...
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August 02, 2021, 07:09 AM
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BMO Harris Bank announced its Dealer Finance team is expanding into the Pacific Northwest with the hiring of Jay McBee as Director, Dealer Finance. McBee, who brings over 30 years of financial experience to this role – all of it focused on the...
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February 25, 2021, 07:15 AM
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Oakmont Capital Services announced it is partnering with YANMAR to bring equipment financing to its North American dealer network. As a direct, independent lender, Oakmont Capital Services can offer YANMAR dealers and their customers low rates via...
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June 26, 2020, 07:27 AM
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Balboa Capital announced Tom Miller and Kelly Cameron have joined its Equipment Dealer Financing Division. Miller will serve as the Director of Sales and Dealer Development, and Cameron will serve as the Program Manager.
Miller and Cameron have a...
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June 04, 2018, 07:30 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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Husqvarna has partnered with Advance Acceptance to offer equipment lease programs for commercial and municipal customers through their independent dealer network in the United States."Advance Acceptance has provided in-house equipment finance...
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March 24, 2017, 07:05 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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CIT Group announced that CIT Equipment Finance made two key appointments designed to further grow CIT’s Office Imaging dealer relationships in the Southeast and Midwest regions of the United States. The new executives will report to David Gerrard...
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November 10, 2016, 07:15 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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GreatAmerica Financial Services Corporation announced it was named “Best Leasing Company” in The Cannata Report’s 2016 Annual Dealer Survey for the fourth year in a row. The honor as best leasing company was recognized for the first time with a Frank...
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October 14, 2016, 07:10 AM
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Penton’s EquipmentWatch has launched the new EquipmentWatch Verification mobile app that provides immediate serial number and VIN verification for heavy equipment and on-road trucks in the auction and resale markets. Available for both Android and...
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September 21, 2016, 07:15 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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LBX Company LLC (LBX) announced its renewed relationship with DLL as a preferred financing partner throughout North America. DLL has a longstanding history with LBX and its dealer network, having provided comprehensive retail and wholesale financing...
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August 10, 2016, 07:14 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 that CIT Equipment Finance appointed Tom Thomasian as Office Imaging Sales Manager. Thomasian will be responsible for growing revenue and enlarging the dealer network in the Western United States and reports to David Gerrard...
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April 13, 2016, 07:14 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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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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Optimism among dealers and other industry participants in the outlook for the recreational vehicle (RV) industry continued to increase from prior years, according to annual survey results released today by Commercial Distribution Finance (CDF), a...
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December 29, 2015, 07:04 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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Marlin Business Services Corp. announced today that it has expanded its vendor financing programs with the launch of a new transportation finance channel. The new unit will provide financing to manufacturers and dealers of commercial trucks, trailers...
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November 11, 2015, 07:14 AM
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MarineMax, the nation’s largest recreational boat retailer, announced that it has expanded its financing facility to provide for borrowings of up to $260 million from the previous limit of $235 million.The expanded facility has a three-year term...
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November 06, 2015, 06:24 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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Signature Financial LLC, the wholly owned specialty finance subsidiary of New York-based Signature Bank announced it will begin offering direct commercial vehicle finance and also appointed several new sales professionals to roles across other...
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July 17, 2015, 07:16 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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Airwolf 3D announced the immediate ability to lease 3D printers through strategic partnerships with two of the country’s leading leasing corporations, TimePayment Corporation and Marlin Equipment Finance. Leasing makes the latest Airwolf 3D printers...
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March 27, 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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Capital One Bank announced a significant expansion of its Dealer Services business with the appointment of three new sales officers. The new team members bring years of experience, a vast knowledge, and specialized industry expertise. The Dealer...
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July 28, 2014, 06:46 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 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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Yamaha Motor Finance Canada Ltd. announced that it has contracted with White Clarke Group to implement its CALMS2 Compass Wholesale Management System. The new system will be fully operational when Yamaha Motor Finance Canada Ltd. launches its new...
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June 25, 2014, 06:00 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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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 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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GreatAmerica Leasing Corporation announced it has adopted the new trade name “GreatAmerica Financial Services.” The change better reflects the wide array of services the company delivers to its customers. “GreatAmerica is far more than a leasing...
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November 14, 2012, 07:09 AM
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TCF Inventory Finance, Inc. (“TCFIF”), a subsidiary of TCF National Bank and an indirect subsidiary of TCF Financial Corporation (“TCF”) announced the roll-out of "The Customer First Alliance" to TCFIF’s dealers, distributors and manufacturers in the...
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August 20, 2012, 06:44 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’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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Northpoint Commercial Finance LLC, a diversified inventory finance company, today announced its new sales team.Russell Baqir, VP of Sales, is leading Northpoint’s sales team and is based in the Alpharetta, Georgia headquarters. Most recently Marine...
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June 20, 2012, 07:00 AM
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