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TCF Inventory Finance Celebrates Fifth Anniversary

April 05, 2013, 07:00 AM
Filed Under: Industry News
Related: TCF

TCF Inventory Finance, Inc. (“TCFIF”), a subsidiary of TCF National Bank and an indirect subsidiary of TCF Financial Corporation (“TCF”) is celebrating its fifth anniversary this week.

“It’s hard to believe that it has been five years since we first opened our doors,” said Ross Perrelli, President and Chief Executive Officer of TCFIF. “We started this business with the desire to be the inventory finance company that our customers could count on every day, and I think we have proven to be exactly that. I am so grateful to each and every TCFIF employee and customer for helping us get where we are today.”

Since 2008, TCFIF has increasingly gained market share in the consumer electronics and appliance, lawn and garden, powersports, specialty product, recreation vehicle, and marine industries. In recent months, TCFIF has renewed agreements with several major customers, and continues to steadily add to its ever-growing customer base.

“We continue to grow our business every day,” stated Peter Kelley, President of TCF Commercial Finance Canada. “Our commitment to our customers remains unwavering, and we look forward to many more years of meeting their needs and exceeding their expectations.”

TCFIF goes beyond inventory finance, providing its customers equipment financing and commercial banking products and services through TCF affiliated companies. Additionally, in 2012, TCFIF launched The Customer First Alliance, a network of third-party service providers not affiliated with TCFIF that offers a suite of cost-effective, tailored business and personal advisory services in Accounting, Insurance, Legal and Wealth Management to TCFIF customers.

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