FREE SUBSCRIPTION Includes: The Advisor Daily eBlast + Exclusive Content + Professional Network Membership: JOIN NOW LOGIN
Skip Navigation LinksHome / News / Read News


Northpoint CF Provides Inventory Financing for D&H Distributing Resellers

March 17, 2016, 06:58 AM
Filed Under: Dealer Finance

Northpoint Commercial Finance has developed a financing program for D&H Distributing (D&H) resellers. The program provides extended terms to D&H resellers who are also Nationwide Marketing Group members.

Nationwide, North America’s largest buying and marketing organization, helps thousands of appliance, furniture, electronics, specialty electronics, custom installation and rent-to-own dealers grow their businesses through purchasing power, marketing and finance programs. One of those programs is Northpoint’s floorplan financing, which Nationwide endorsed as a preferred lender for their over 3,500 members.

“D&H is rooted in the tradition of taking a hands-on role in helping our resellers achieve their goals,” said Matt Riley, Sr. Financial Services Manager of D&H Distributing. “Offering extended term floor plan financing is one more way we can deliver on that promise. We also appreciate Northpoint’s shared values in customer service through dedicated account representatives for each client, regardless of size.”

“Dealers and resellers need to purchase inventory to stay ahead of consumer demand, and they need creative ways to enhance product turns profitably and quickly. We’re looking forward to helping them with our finance solutions,” said John Durnien, SVP at Northpoint. “And while we’ll be offering preferred extended terms to D&H customers who are Nationwide members, we will offer financing options to all D&H resellers.”

Comments From Our Members

You must be an Equipment Finance Advisor member to post comments. Login or Join Now.