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News Stories (34 Results) - FLoor Plan Finance

First Business Bank announced a new arrangement allowing First Business Bank’s Floorplan Financing clients to finance their vehicle inventory purchases from SmartAuction, an online vehicle auction from Ally Financial.To help dealers efficiently... Read Story
March 19, 2021, 07:04 AM


TCF National Bank’s inventory finance subsidiary was named the exclusive floor plan financing provider for powersports company Speed UTV, which is owned by Robby Gordon, a former NASCAR and IndyCar racer, and Todd Romano, Founder of DragonFire Racing... Read Story
March 08, 2021, 07:18 AM


DLL, global asset finance company for equipment and technology, has partnered with Winnebago Industries, manufacturer of outdoor lifestyle products used primarily in leisure travel and outdoor recreation activities. Dealers of Winnebago, Grand Design... Read Story
March 03, 2021, 07:22 AM


First Business announced a new agreement with ACV Auctions to offer Floorplan Financing through ACV Auctions digital auction site. The partnership allows independent used car dealers who have earned competitive pricing and upscale service to purchase... Read Story
December 09, 2020, 07:05 AM


ENGS Commercial Finance Co. (ENGS) announced its working capital subsidiary, ENGS Commercial Capital (ECC), is offering floor plan financing to qualified dealers and equipment manufacturers.“ENGS is committed to helping our OEM and vendor partners... Read Story
September 01, 2020, 07:15 AM


First Business announced six recently closed and funded automotive dealer floorplan line of credit facilities totaling more than $16 million.As reported in Equiment Finance Advisor last month, First Business launched Floorplan Financing services... Read Story
July 23, 2020, 07:17 AM


A Midwest-based bank with a focus on the needs of businesses has partnered with White Clarke Group to use its CALMS Compass floorplan finance software in launching a new finance option, expanding the products and services they can offer to the market... Read Story
April 16, 2020, 07:05 AM


Hitachi Capital America has announced its continuing software partnership with White Clarke Group, allowing the ongoing use of the CALMS Compass software solution to manage its floorplan/wholesale finance business.Hitachi Capital America’s... Read Story
October 17, 2019, 07:10 AM


From spreadsheets to the latest floorplan finance software: new technology has transformed service levels and increased customer demand at a Minnesota-based bank.Merchants Bank launched its digital floorplan strategy following a four-month program to... Read Story
August 01, 2019, 07:25 AM


LH-Finance has chosen to implement White Clarke Group’s CALMS Compass Floorplan Finance Software to help support the growth of its inventory finance business.LH-Finance, the marine division of United Bank of Hartford, CT, will provide floorplan... Read Story
July 27, 2018, 07:10 AM


In 2017 Yamaha Motor Finance Corp., USA announced plans to bring its floorplan financing in-house, with a vision to provide a complete range of finance company services. Yamaha has chosen to partner with White Clarke Group, selecting the CALMS... Read Story
June 21, 2018, 07:15 AM


Northpoint Commercial Finance announced that Chantal Robin has joined the company as a Director of Business Development in Canada.  Chantal joins the existing field sales team to provide enhanced regional coverage of existing customers, further... Read Story
August 30, 2017, 07:08 AM


Citi Retail Services announced a consumer and commercial private label agreement with Honda Power Equipment. This new relationship is the latest addition to Citi Retail Services’ power sports and equipment portfolio.Honda’s power equipment division... Read Story
April 28, 2017, 07:10 AM


The re-emergence of regional banks looking to expand services to existing manufactures and retailers is continuing to spur growth in the U.S. Floorplan Finance market. This is providing opportunities for many traditional retail lenders looking to... Read Story
December 08, 2016, 06:57 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


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 launched an extended term floorplan finance program for Capitol dealers who are members of Nationwide Marketing Group.Nationwide Marketing Group, North America’s largest buying and marketing organization, added... Read Story
March 09, 2016, 06:50 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


Sullair, an industry leader in innovative compressed air solutions since 1965, announced it has selected Northpoint Commercial Finance (Northpoint) as the exclusive provider of floorplan financing for its distributors in the U.S. and Canada.The... Read Story
October 27, 2015, 07:01 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


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


GE Capital’s Commercial Distribution Finance (CDF) business announced today that it will begin providing floorplan financing to dealers that stock Sharp Electronics Corp.’s office imaging (OI) equipment. CDF has been providing financing to Sharp’s... Read Story
June 27, 2014, 07:00 AM


Dealers of recreational vehicles (RVs) are increasing their inventory levels this year in anticipation of a strong selling season, according to GE Capital’s Commercial Distribution Finance (CDF) business, a leading provider of financing to the... Read Story
March 19, 2014, 06:24 AM


GE Capital's Commercial Distribution Finance (CDF) business announced today that it will continue to be the exclusive provider of inventory financing for the Husqvarna Group's independent dealer network in the U.S. and Canada. Headquartered in... Read Story
January 10, 2013, 07:30 AM


GE Capital's Commercial Distribution Finance (CDF) business announced today it has signed an enhanced strategic floorplan financing agreement with Independent Boat Builders, Inc. (IBBI), a major U.S. boat manufacturer buying group. The program covers... Read Story
January 09, 2013, 07:16 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


TCF Inventory Finance (“TCFIF”), a subsidiary of TCF National Bank and an indirect subsidiary of TCF Financial Corporation (“TCF”), announced that it has entered into a multi-year financing agreement with American Boatbuilders Association, Inc.... Read Story
October 04, 2012, 07:28 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