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News Stories (38 Results) - Inventory Finance

Freedom Boat Club, the world’s largest and oldest members-only boat club, has selected Northpoint Commercial Finance as its provider for a new, specially designed install and pay finance program for its franchise network. As a franchise club... Read Story
September 25, 2017, 07:00 AM


Laurentian Bank of Canada announced that it has reached a definitive agreement under which a subsidiary of the Bank has agreed to acquire Northpoint Commercial Finance, which is among the leading U.S. and Canadian inventory finance lenders with a... Read Story
May 19, 2017, 07:19 AM


Northpoint Commercial Finance (Northpoint) announced Jiangsu Linhai Power Machinery Group Corp. (Linhai) has chosen Northpoint as their exclusive floorplan financing partner for North American dealers. The partnership will help both companies expand... Read Story
January 11, 2017, 07:05 AM


REV Group (REV), a $2 billion specialty vehicle (SV) manufacturer, announced that they chose Wells Fargo Commercial Distribution Finance (CDF), part of Wells Fargo & Company, to launch a new program for dealer and distributor financing across the U.S... Read Story
October 20, 2016, 07:07 AM


Two new Directors of Business Development have joined Northpoint Commercial Finance’s Field Sales Organization. Northpoint is a diversified finance company that provides flexible inventory lending and floor plan financing solutions.With a highly... Read Story
June 30, 2016, 07:05 AM


MarineMax, Inc., the nation’s largest recreational boat and yacht retailer, announced that it has expanded its financing facility to, among other things, provide for borrowings of up to $300 million from the previous limit of $260 million.The... Read Story
June 15, 2016, 07:14 AM


Wells Fargo Commercial Distribution Finance (CDF) announced it has extended its inventory financing program through 2020 with motorcycle manufacturer, KTM. The extension will be used to support dealership floor plan financing of motocross bikes as... Read Story
March 30, 2016, 07:00 AM


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... Read Story
March 17, 2016, 06:58 AM


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... Read Story
January 14, 2016, 07:40 AM


Commercial Distribution Finance (“CDF"), a business of GE Capital, announced that Arctic Cat, a leading manufacturer of recreational products, has chosen CDF as an exclusive provider for dealer inventory financing across North America. The financing... Read Story
December 18, 2015, 07:12 AM


Commercial Distribution Finance (CDF), a business of GE Capital, announced it has renewed its joint venture in the U.S. and extended the term of the Canadian program with Polaris Industries, a global sales leader in the powersports industry, through... Read Story
December 08, 2015, 12:00 PM


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.... Read Story
November 12, 2015, 07:15 AM


American Trailer Works (ATW), North America’s largest manufacturer of utility and cargo trailers, announced an agreement with Northpoint Commercial Finance to provide an ATW-branded inventory finance program for its broad network of independent... Read Story
October 23, 2015, 07:10 AM


Bloomberg reported KKR & Co. and Apollo Global Management are seeking to acquire GE's inventory finance arm, a unit with $11 billion in assets people familiar with the matter said.According to Bloomberg, the buyout firms made bids two weeks ago for... Read Story
September 14, 2015, 07:07 AM


GE Capital Commercial Distribution Finance (CDF) announced that it has been selected by Bush Hog, Inc., a leading North American manufacturer of rotary cutters, to provide financing solutions to its U.S. dealer network.  CDF will provide Bush Hog... Read Story
August 20, 2015, 07:05 AM


GE Capital Commercial Distribution Finance has renewed its strategic inventory finance program with generator manufacturer Generac Power Systems, Inc. The funding will be used to stock Generac’s network of independent dealers with its products.... Read Story
August 12, 2015, 06:49 AM


Commercial Distribution Finance (CDF), a division of GE Capital, announced that its joint inventory-financing venture with Brunswick Corporation,  Brunswick Acceptance Company (BAC), has been extended through 2019.BAC provides boat dealers with a... Read Story
August 07, 2015, 07:00 AM


The powersports industry, which includes motorcycles, all-terrain vehicles (ATV), utility-terrain vehicles (UTVs), snowmobiles, and personal watercraft, is robust and continues to grow according to dealer performance data from Commercial Distribution... Read Story
July 29, 2015, 07:07 AM


A subsidiary of Navistar Financial Corporation (NFC) closed a $250 million, two-year, 144-A securitized dealer floor plan transaction to support International® Truck and IC Bus™ dealer inventory funding. The transaction will replace a $250 million... Read Story
July 29, 2015, 07:00 AM


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... Read Story
July 24, 2015, 06:56 AM


GE Capital, Commercial Distribution Finance (CDF) announced a multi-year extension of its strategic inventory financing program with Scag Power Equipment. CDF has worked with Scag, a manufacturer of lawnmowers and debris handling equipment, since... Read Story
July 16, 2015, 07:00 AM


GE Capital, Commercial Distribution Finance (CDF) announced that it has extended its inventory financing agreement with the American Boat Builders Association (ABA), a major buying group for independent boat builders in the U.S., through 2018. CDF... Read Story
July 10, 2015, 06:34 AM


While seasonal weather patterns in 2014 have had a larger-than-normal impact on the lawn and garden industry, GE Capital’s Commercial Distribution Finance business, a leading provider of financing to the lawn and garden industry, says the industry... Read Story
October 23, 2014, 06:00 AM


GE Capital, Commercial Distribution Finance (CDF) announced it has significantly expanded its inventory financing program with MarineMax, the nation’s largest boat dealer, and extended its duration through 2017. The $235 million facility will allow... Read Story
September 18, 2014, 06:31 AM


GE Capital’s Commercial Distribution Finance (CDF) business sees positive trends in the Canadian motorsports and recreational vehicle (RV) industries through the first half of the year, while the marine industry is experiencing a slight slowdown... Read Story
September 02, 2014, 06:57 AM


GE Capital Commercial Distribution Finance (CDF) announced it will provide inventory financing to manufacturers Wolf Brand Scooters and Oreion Motors. Wolf Brand Scooters, based in Clearwater, FL, offers affordable scooters made with cutting-edge... Read Story
July 24, 2014, 06:44 AM


GE Capital, Commercial Distribution Finance (CDF) announced it has extended its inventory financing program with Bass Pro Shops through 2018. Bass Pro Shops, which owns boat manufacturer Tracker Marine Group, will use CDF funding to stock Tracker... Read Story
July 11, 2014, 06:19 AM


Yamaha Motor Finance Canada Ltd. announced that it has contracted with White Clarke Group to implement its CALMS2 Compass Wholesale Management System. The new system will be fully operational when Yamaha Motor Finance Canada Ltd. launches its new... Read Story
June 25, 2014, 06:00 AM


GE Capital’s Commercial Distribution Finance (CDF) business announced that it plans to expand its inventory financing capabilities and coverage of the commercial foodservice and refrigeration industries across the U.S. and Canada. CDF has been... Read Story
October 03, 2013, 06:56 AM


GE Capital’s Commercial Distribution Finance (CDF) business said it has seen positive trends in the Canadian marine, motorsports and recreational vehicle (RV) industries through the first half of the year. It expects favorable conditions to continue... Read Story
August 13, 2013, 06:50 AM


GE Capital’s Commercial Distribution Finance (CDF) business announced today that it will provide inventory financing to motorsports dealerships that carry products manufactured by American SportWorks. American SportWorks produces LANDmaster utility... Read Story
May 17, 2013, 06:58 AM


GE Capital’s Commercial Distribution Finance (CDF) business announced today that it has been chosen as the first provider of inventory financing to Erik Buell Racing LLC (EBR). Based in East Troy, WI, the company was started by noted motorcycle racer... Read Story
December 10, 2012, 07:22 AM


GE Capital’s Commercial Distribution Finance (CDF) business says it is optimistic about the outlook for the RV industry and remains committed to providing flexible inventory financing (floorplan) products."RV sales are often tied to economic... Read Story
November 20, 2012, 06:30 AM


GE Capital's Commercial Distribution Finance (CDF) business today announced a new $30 million inventory finance program with Logicalis, Inc. The new supplier facility enables Logicalis to finance inventory purchases from specific original equipment... Read Story
August 13, 2012, 06:15 AM


GE Capital’s Commercial Distribution Finance (CDF) business announced it will be the strategic floorplan finance provider to Nautic Global Group, Inc. (NGG), a major U.S. boat manufacturer. The jointly developed program is available immediately to... Read Story
August 08, 2012, 07:00 AM


GE Capital’s Commercial Distribution Finance (CDF) business has agreed to provide Brammo Inc. with inventory financing to support the expansion of its dealer network in the U.S. The Ashland, OR-based manufacturer designs and develops electric... Read Story
July 11, 2012, 07:00 AM


Northpoint Commercial Finance LLC, a diversified inventory finance company, today announced its new sales team.Russell Baqir, VP of Sales, is leading Northpoint’s sales team and is based in the Alpharetta, Georgia headquarters.  Most recently Marine... Read Story
June 20, 2012, 07:00 AM


GE Capital, Commercial Distribution Finance (CDF) today announced significant upgrades to its online inventory finance management tool used by dealers across a wide range of durable consumer products industries including recreational vehicles, marine... Read Story
June 15, 2012, 07:00 AM