Wells Fargo & Company announced Mary Katherine DuBose as the head of the bank’s Secured Lending Division that includes asset-based lending, equipment finance, supply chain finance and inventory finance. DuBose reports to Kyle Hranicky, Chief...
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July 21, 2022, 07:25 AM
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Sea Fox Boat Company, a manufacturer of hand-crafted saltwater boats, announced an exclusive partnership with Northpoint Commercial Finance, a diversified finance company that provides flexible inventory lending and floorplan financing solutions....
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February 12, 2021, 07:20 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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Laurentian Bank of Canada announced that it has reached a definitive agreement under which a subsidiary of the Bank has agreed to acquire Northpoint Commercial Finance, which is among the leading U.S. and Canadian inventory finance lenders with a...
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May 19, 2017, 07:19 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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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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Two new Directors of Business Development have joined Northpoint Commercial Finance’s Field Sales Organization. Northpoint is a diversified finance company that provides flexible inventory lending and floor plan financing solutions.With a highly...
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June 30, 2016, 07:05 AM
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MarineMax, Inc., the nation’s largest recreational boat and yacht retailer, announced that it has expanded its financing facility to, among other things, provide for borrowings of up to $300 million from the previous limit of $260 million.The...
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June 15, 2016, 07:14 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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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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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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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 (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 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 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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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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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 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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GE Capital’s Commercial Distribution Finance (CDF) business sees positive trends in the Canadian motorsports and recreational vehicle (RV) industries through the first half of the year, while the marine industry is experiencing a slight slowdown...
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September 02, 2014, 06:57 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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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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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 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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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 has been chosen as the first provider of inventory financing to Erik Buell Racing LLC (EBR). Based in East Troy, WI, the company was started by noted motorcycle racer...
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December 10, 2012, 07:22 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 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 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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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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