AP Equipment Financing expanded its current product offerings to include a wholesale flooring finance product for vendor and manufacturer partners and hired Mike Bransdorf to lead the program.“I am extremely excited to join the team at AP Equipment...
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August 15, 2022, 08:00 AM
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Mitsubishi HC Capital Canada announced it has signed an agreement with a major construction equipment manufacturer to provide inventory financing for heavy excavators to more than 10 distributors operating in all Canadian provinces, and 40...
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First Business Bank announced the closing of a $7 million inventory floorplan line of credit for an independent car dealer in Miami, FL, through First Business Bank’s Floorplan Financing group.As First Business Bank’s Floorplan Financing team...
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First Business Bank closed a $4 million inventory floorplan line of credit for an independent car dealer through its Floorplan Financing group.Executives at a growing Texas dealership sought responsive, reliable service and competitive floorplan...
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Wells Fargo Distribution Finance announced the extension of its floorplan financing program with Briggs & Stratton’s Turf and Consumer Products Group. The agreement will support more than 1,800 dealers globally. Headquartered in Milwaukee, Wisconsin...
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TCF National Bank’s inventory finance subsidiary was named the exclusive floor plan financing provider for powersports company Speed UTV, which is owned by Robby Gordon, a former NASCAR and IndyCar racer, and Todd Romano, Founder of DragonFire Racing...
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Sea Fox, a leading manufacturer of hand-crafted saltwater boats, announced an exclusive partnership with Northpoint Commercial Finance (Northpoint), a diversified finance company that provides flexible inventory lending and floorplan financing...
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February 12, 2021, 08:00 AM
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America’s Car-Mart, Inc. has entered into a Second Amended and Restated Loan and Security Agreement (“Agreement”) with a group of lenders effective December 12, 2016. The Agreement amends and restates the Company’s Amended and Restated Loan and...
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December 14, 2016, 07:38 AM
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Wells Fargo Commercial Distribution Finance (CDF) has extended its dealer financing program with Triumph Motorcylces Ltd., the iconic British motorcycle manufacturer. The program will serve the manufacturer’s network of North American-based dealers...
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December 05, 2016, 07:44 AM
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GemCap funded a $5.0 million loan facility to a seller of material handling equipment. The facility is secured by inventory. “GemCap is pleased to have provided the company with a flexible financing solution that will allow them to more than...
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September 21, 2016, 07:14 AM
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Wells Fargo Commercial Distribution Finance (CDF) 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 signed in 2009, allows LS Tractor to...
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August 31, 2016, 07:32 AM
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Northpoint Commercial Finance continues to expand its partnerships with Nationwide Marketing Group members through a new program for O’Rourke Sales Company dealers. Northpoint is a diversified finance company that provides flexible inventory lending...
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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, 07:54 AM
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Polaris Industries Inc. announced a renewal of its U.S. joint venture with Commercial Distribution Finance (CDF), a business of GE Capital, through 2022. The terms of the extension are consistent with the prior agreement. The joint venture, Polaris...
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December 08, 2015, 07:31 AM
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Sullair, an industry leader in innovative compressed air solutions since 1965, announced today that it has selected Northpoint Commercial Finance (Northpoint) as the exclusive provider of floorplan financing for its distributors in the U.S. and...
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October 26, 2015, 08:11 AM
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Shipments and retail registrations of recreational vehicles (RVs) are both up, according to data from the Recreational Vehicle Industry Association (RVIA) and Statistical Surveys Inc. (SSI). These metrics have positive implications for the RV...
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September 22, 2015, 07:18 AM
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