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GE CDF, Husqvarna Extend Inventory Finance Program

July 24, 2015, 06:56 AM
Filed Under: Inventory Finance

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 Services, which was established in 2005 to provide inventory financing to the thousands of dealers who sell Husqvarna products.

Husqvarna, headquartered in Charlotte, NC, manufactures consumer and commercial lawnmowers, trimmers, brush cutters, chainsaws, snow blowers and ground care equipment. Husqvarna Financial Services is a private-label program set up through CDF, which has a dedicated national account management team servicing the needs of Husqvarna and its distribution network.

“We value the innovative financial programs that CDF offers, and Husqvarna Financial Services gives our dealers the financing and support they need to be successful, “ said Jeff Dewosky, vice president and general manager of Husqvarna North America. “We also appreciate that the CDF team proactively solicits feedback from our dealers and works closely with them to make adjustments when needed.”

“Husqvarna Financial Services is a great example of how we work closely with our customers to create custom programs that meet the needs of both the manufacturer and the dealers,” said Mike Horak, president of the outdoor products group at CDF. “We are pleased to extend the program and will continually strive to provide a best-in-class customer experience for Husqvarna and its dealers.”

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