Elgin, IL-based dealer discusses industry outlook and trends with GE ahead of GIE+EXPO in Louisville
CHICAGO, il, OCT. 20, 2014 - 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 today is healthy, with dealer financing volume up 9% year to date in the United States and 12% in Canada.
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Working capital and inventory financing supports post-merger growth
CHICAGO, IL, OCT. 20, 2014 - GE Capital’s Commercial Distribution Finance (CDF) business has provided Venture Technologies, a newly formed combination of three value-added IT resellers (VARs), with a $30 million senior secured working capital loan in order to support the company’s expected growth.
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CHICAGO -- GE Capital, Commercial Distribution Finance (CDF) announced today it has significantly expanded its inventory financing program with MarineMax (NYSE: HZO), the nation's largest boat dealer, and extended its duration through 2017. The $235 million facility will allow the company to expand its stocking plans from leading manufacturers in the industry including Sea Ray, Boston Whaler and Azimut Yachts.
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CHICAGO - The recreational vehicle (RV) industry continues to experience strong and steady growth, according to performance data from GE Capital, Commercial Distribution Finance (CDF), a major provider of financing to the industry. Early headwinds this year including the unusually cold weather that impacted manufacturing and transportation issues that slowed down shipments haven't derailed the positive trajectory of the industry.
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CHICAGO, IL -- The motorsports industry, which includes motorcycles, all-terrain vehicles (ATV), utility-terrain vehicles (UTVs), snowmobiles, and personal watercraft, is healthy and growing, according to performance data from GE Capital, Commercial Distribution Finance (CDF), a leading provider of financing to motorsports dealers. Dealer financing volume is up almost 13% through June, reflecting healthy, more confident dealers, and steady improvement in the overall economy.
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Les secteurs sports motorisés et véhicules récréatifs connaissent un bel essor alors que les détaillants de produits nautiques se concentrent sur la gestion de leurs stocks
Mississauga, ON, 29 --- La société Financement commercial aux détaillants (CDF) de GE Capital constate des tendances positives au niveau des industries canadiennes des sports motorisés et des véhicules récréatifs (VR) en ce premier semestre de l'année, tandis que l'industrie nautique connaît un léger ralentissement après la croissance accélérée de l'année dernière.
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Motorsports & RV surge ahead while marine dealers focus on managing inventory
Mississauga, ON --- 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 after last year's accelerated growth.
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CHICAGO -- After a slow start resulting from a harsh winter and cold spring, the recreational marine industry is experiencing accelerated growth, says GE Capital, Commercial Distribution Finance (CDF). Retail and wholesale sales are up versus a year ago in the U.S., and the industry is on track to reach the 8% growth in retail dollar sales originally forecast in February by CDF at the Miami Boat Show.