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Northpoint to Provide Inventory Finance Program for SANY America

November 12, 2015, 07:15 AM
Filed Under: Dealer Finance

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.

SANY America manufactures, sells and supports construction and material-handling equipment, including crawler cranes, rough-terrain cranes, crawler excavators, container reach stackers and empty-container handlers. The company handles SANY brand equipment sales and support in the United States, Canada, Mexico and Central America. Parent company SANY Group is the world’s 6th largest manufacturer of construction machinery and equipment.

“The Northpoint inventory financing program will enable our dealer network to stock and market a wide variety of SANY products to help them grow their businesses,” said Eric Teague, Senior Vice President of SANY America. “SANY provides financing solutions to make it easier for dealers and their customers to get the SANY equipment they need. The solutions now include Northpoint’s floorplan financing for our dealer network.”

Northpoint’s leadership team has a long history of construction and heavy equipment industry partnerships,” said John Durnien, SVP of Northpoint Commercial Finance. “We are pleased to have been chosen by SANY and look forward to providing an entrepreneurial approach and flexible financing solutions to help their dealer network grow and succeed.”

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