CHICAGO, Jan. 13, 2016 - Commercial Distribution Finance (CDF), a business of GE Capital announced today 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.
CHICAGO, Dec. 28, 2015 - Optimism among dealers and other industry participants in the outlook for the recreational vehicle (RV) industry continued to increase from prior years, according to annual survey results released today by Commercial Distribution Finance (CDF), a business of GE Capital. Almost half (48 percent) of survey respondents said they expect sales to rise 5 percent to 10 percent next year, up from 41 percent who foresaw that rise in sales twelve months ago. Additionally, 31 percent of respondents expected RV sales to grow more than 10 percent.
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CHICAGO (December 17, 2015) Commercial Distribution Finance (“CDF"), a business of GE Capital, announced today that Arctic Cat Inc. (NASDAQ: ACAT), a leading manufacturer of recreational products, has chosen CDF as an exclusive provider for dealer inventory financing across North America. The financing will consolidate all of ACAT’s North American dealers onto one technology platform and provide them leading edge tools to help manage their businesses.
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CHICAGO - November 13, 2015 -Commercial Distribution Finance (CDF), a business of GE Capital, announced today it has extended its financing program with MarineMax (NYSE: HZO), the nation's largest boat dealer, through 2018. CDF has provided an increase in the facility of $260 million with a three-year term, which supplies MarineMax with the flexible financing needed to help the company reach its goals for growth.
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CHICAGO, SEPT. 22, 2015 - Shipments and retail registrations of recreational vehicles (RVs) are both up, according to data from the Recreational Vehicle Industry Association (RVIA) and Statistical Surveys Inc. (SSI). These metrics have positive implications for the RV industry, noted Commercial Distribution Finance (CDF), a business of GE Capital and major provider of financing to the industry.
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CHICAGO - The outdoor products industry, which includes lawn, garden and agriculture equipment, is experiencing healthy growth, according to dealer performance data from Commercial Distribution Finance (CDF), a business of GE Capital. CDF dealer financing volume is up over 12% through June, indicating dealers are ordering more product to meet increasing demand. Dealer inventory turnover is running at a strong annual rate of over 2.5X.
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CHICAGO - Commercial Distribution Finance (CDF), a business of GE Capital, announced today 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 dealers with a supplemental inventory financing program sometimes referred to as a “rollover program”. This “rollover program” will allow Bush Hog dealers another source of capital to finance their Bush Hog inventory coming due with the supplier.
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CHICAGO - Commercial Distribution Finance (CDF), a business of GE Capital, announced today that it has extended its inventory financing agreement with Wright Manufacturing, Inc., a producer of commercial lawn mowers. The financing will be used for its network of dealers and distributors to stock its products.
Founded in 1981, Wright invented the stand-on lawn mower and manufactures a complete line of commercial stand-on, walk behind and mid-mount zero turn mowers that are distributed world-wide. Wright is headquartered in Frederick, MD and has been a CDF customer since 2003.
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CHICAGO - Commercial Distribution Finance (CDF), a business of GE Capital, announced today that it 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.