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DLL Announces Wholesale Financing Partnership with REV Group

March 02, 2022, 07:23 AM
Filed Under: Finance News

DLL, a global financial solutions provider, announced a wholesale financing partnership with American specialty vehicles manufacturer REV Group, effective March 9. DLL will serve as the preferred floorplan provider for REV Group’s fire, emergency and commercial businesses in the U.S. and Canada. In addition, DLL will service floorplan needs for REV’s recreation vehicle brands.

DLL initially began working with REV Group in 2021, supporting select retail financing needs. The inventory finance partnership caters to dealers’ inventory turns, cash flow requirements and curtailment schedules. Approved REV Group dealers can take advantage of various programs available to support pre-sold equipment, parts, stocking and demo.

“We are thrilled to serve as the preferred provider for REV’s fire and emergency vehicles and commercial vehicles segments,” said Mark McGovern, President of the Commercial Finance Global Business Unit at DLL. “Additionally, the RV segment aligns with DLL’s Commercial Finance expansion initiative into recreational products. We look forward to supporting REV and their dealers in all of their floor planning needs.”

“DLL’s commitment to strong relationships, history of successful partnerships and emphasis on customer experience were key in establishing the wholesale financing partnership,” said Mark Skonieczny, Chief Financial Officer at REV Group. “We are confident that REV Group dealers will benefit from the DLL wholesale financing solutions now available to them.”

Through inventory financing solutions with DLL, dealers of REV Group specialty vehicle brands may improve cash flow management, increase purchasing power, accelerate customer delivery and reduce credit exposure.

REV Group companies are designers and manufacturers of specialty vehicles and related aftermarket parts and services, which serve a diversified customer base, primarily in the United States, through three segments: Fire & Emergency, Commercial, and Recreation. They provide customized vehicle solutions for applications, including essential needs for public services (ambulances, fire apparatus, school buses and transit buses), commercial infrastructure (terminal trucks and industrial sweepers), and consumer leisure (recreational vehicles).







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