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Priority One, NATDA Create Trailer Dealer Financing Program

November 18, 2014, 07:06 AM
Filed Under: Trucking

Priority One Financial Services, Inc., the recreational industry’s oldest and largest F&I outsourcing provider, partners with NATDA to create a host of opportunities for  North American Trailer Dealers Association (NATDA) members.

NATDA members will be eligible to participate in an equipment financing program for dealers of commercial use trailers including utility, cargo, restroom, specialty as well as other commercial use vehicles. With this finance service, Priority One can offer these dealers access to exclusive commercial lenders, quick approvals, unmatched profit opportunities and unique program options including leases, loans and zero-down options with no dealer fees.

Other benefits include free educational information related to F&I management best practices, compliance information and advice through webinars, the NATDA website and articles in the NATDA magazine and newsletter.

“We are very excited to partner with NATDA to offer financing on commercial use trailers.” commented Jared Zimlin, Business Development Director. “Considering the majority of trailer sales are for businesses and the programs currently on the market put the credit burden on the purchaser, not the business, this is a natural solution to a need in the market. This program will free up customer credit and capital for further purchases down the road while allowing the dealers to participate in an additional revenue stream.”

Priority One has been serving the marine and RV industry since 1987. Acquired in 2007 by Forest River, Inc. a Berkshire Hathaway company, Priority One serves as the F&I managed services provider for hundreds of dealers nationwide.

The North American Trailer Dealers Association (NATDA) is the only professional business association in North America that serves the light and medium duty trailer dealers and brings them together as a unified team.

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