CHICAGO -- GE Capital's Commercial Distribution Finance (CDF) business announced today 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 all Rinker, Hurricane, Godfrey Pontoon and Polar Kraft dealers in the U.S.
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Extended terms help IT businesses drive profitability
CHICAGO -- GE Capital, Commercial Distribution Finance (CDF) today announced a new distribution finance program that allows HP reseller partners to extend their repayment terms when they buy certain HP products from select distributors.
The new finance program, which is available immediately, offers 60-day interest-free repayment terms to resellers who purchase products through U.S. distributors D&H Distributing, Ingram Micro, Synnex and Tech Data.
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Audiocast features Recreational Vehicle Dealers Association chairman
MISSISSAUGA, ON -- GE Capital, Commercial Distribution Finance (CDF) has released its outlook for the Canadian recreational vehicle (RV), motorsports and marine industries. In general, each is performing well, with volume growth and relatively healthy inventory turns, in spite of some regional variations.
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Access to capital helps emerging technology company expand U.S. distribution
HOFFMAN ESTATES, IL -- 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 motorcycles.
In addition to supporting the expansion of a rapidly growing American company, this announcement reinforces GE's commitment to accelerate the adoption of hybrid and alternative fuel vehicles globally.
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Delivers simplified transaction processing and robust new data analysis
HOFFMAN ESTATES, IL -- 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, motorsports, technology, and lawn and garden. In addition, in most of these industries, dealers will now have access to CDF's industry-leading data analysis, Analytics Online.
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Vendor-subsidized program gives dealers more working capital for longer period
HOFFMAN ESTATES, IL -- GE Capital's Commercial Distribution Finance (CDF) business has been selected by Groupe Beneteau, the North American business of France's Groupe Beneteau (Euronext: BEN), as a preferred provider of floorplan financing for its retail dealerships.
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HOFFMAN ESTATES, IL -- GE Capital's Commercial Distribution Finance (CDF) business today announced that it will provide $40 million in inventory financing and working capital to Redapt, Inc., a data center infrastructure solutions provider and hardware reseller based in Redmond, WA.
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Consumers expected to spend on lower-cost models
HOFFMAN ESTATES, IL -- After several choppy years, marine industry participants believe they're heading in the right direction, according to survey results released today by GE Capital's Commercial Distribution Finance (CDF) business.