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GE Capital CDF Extends Financing Program for Branson Tractor

January 14, 2016, 07:40 AM
Filed Under: Dealer Finance

Commercial Distribution Finance (CDF), a business of GE Capital announced it has extended its inventory financing program with Branson Tractor, a tractor distribution company, through 2019. The extension of the current agreement will be used to continue to support wholesale floor plan financing of compact tractors, backhoes, loaders, and mid-mount mowers.

Branson Tractor was founded in the US in 2003 and is owned by parent company Kukje Machinery in South Korea, which has been servicing the agriculture industry since 1968. Headquartered in Rome, Georgia, the company also has warehouse, assembly and distribution centers in Texas and Oregon. As Branson Tractor’s preferred-dealer financing provider, CDF will be supporting all the dealerships in network in both the US and Canada.

“Our relationship with CDF has provided Branson dealers with flexible financing for well over a decade now. This efficient financing platform allows Branson dealers to stock showrooms with inventory while enhancing cash flows,” said Ted Kim, president of Branson Tractor. “Since we have experienced significant growth over the last several years, we really value having a lender with a thorough understanding of our industry, and look forward to expanding this offering as more dealers are added to our network in 2016.”

“We are excited to build upon our rich history with Branson and remain committed to helping Branson dealers grow,” said Mike Horak, president of CDF’s outdoor products group. “Our industry expertise and broad relationships allow us to customize financing solutions and provide best-in-class service to Branson and its network of dealers.”

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