Commercial Distribution Finance (CDF), a division of GE Capital,
announced today that it has extended its strategic inventory finance
program with outdoor power equipment manufacturer Husqvarna Group. The
program goes to market as Husqvarna Financial Services, which was
established in 2005 to provide inventory financing to the thousands of
dealers who sell Husqvarna products.
Husqvarna, headquartered in Charlotte, NC, manufactures consumer and
commercial lawnmowers, trimmers, brush cutters, chainsaws, snow blowers
and ground care equipment. Husqvarna Financial Services is a
private-label program set up through CDF, which has a dedicated national
account management team servicing the needs of Husqvarna and its
distribution network.
“We value the innovative financial programs that CDF offers, and
Husqvarna Financial Services gives our dealers the financing and support
they need to be successful, “ said Jeff Dewosky, vice president and
general manager of Husqvarna North America. “We also appreciate that the
CDF team proactively solicits feedback from our dealers and works
closely with them to make adjustments when needed.”
“Husqvarna Financial Services is a great example of how we work closely
with our customers to create custom programs that meet the needs of both
the manufacturer and the dealers,” said Mike Horak, president of the
outdoor products group at CDF. “We are pleased to extend the program and
will continually strive to provide a best-in-class customer experience
for Husqvarna and its dealers.”
About Commercial Distribution Finance
Commercial Distribution Finance (CDF) provided $46 billion in financing
for more than 40,000 dealers and more than 2,000 distributors and
manufacturers globally in 2014. CDF operates in 60 countries and
provides inventory financing solutions, service and intelligence through
in-depth industry expertise and commitment. Programs include inventory
and accounts receivable financing, asset-based lending, private label
financing, collateral management, and related financial products. For
more information, visit gecdf.com
or follow company news via Twitter (GEInventoryFin).
GE (NYSE: GE) imagines things others don’t, builds things others can’t
and delivers outcomes that make the world work better. GE brings
together the physical and digital worlds in ways no other company can.
In its labs and factories and on the ground with customers, GE is
inventing the next industrial era to move, power, build and cure the
world. www.ge.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20150723005268/en/
Copyright Business Wire 2015