Post Tagged with: "Commercial Distribution Finance"

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Wells Fargo CDF Extends Dealer Financing With Suzuki

by April 19, 2017 at 10:50 am

Wells Fargo Commercial Distribution Finance extended its financing program with Suzuki Motor of America Inc., and will continue to serve the manufacturer’s network of powersports and marine dealers with inventory financing, according to a company press release. Suzuki Motor of America distributes motorcycles, ATVs, scooters, and outboard motors via an extensive dealerRead More

Polaris Originations Rise 10%, Wholesale Receivables Dip 8% in 2016

Polaris Originations Rise 10%, Wholesale Receivables Dip 8% in 2016

by March 17, 2017 at 11:48 am

Polaris Industries Inc. reported a 10% year-over-year increase to $1.1 million in volume of revolving and installment credit contracts written in 2016, according to the company’s 2016 annual report. Consumers financed approximately 33% of Polaris’ vehicle sales in 2016 through the company’s combined retail finance arrangements with Performance Finance, SheffieldRead More

Wells Fargo CDF Exec Elected to 2017 MIC Board

Wells Fargo CDF Exec Elected to 2017 MIC Board

by January 5, 2017 at 1:35 pm

Paul Puma, executive vice president of Wells Fargo Commercial Distribution Finance, was elected to serve on the 2017 board of directors for the Motorcycle Industry Council, the association announced on Tuesday. Additionally, Arnold Ackerman and Andy Leisner have each been reelected to the MIC board, according to a company pressRead More

Triumph Re-Signs With Wells Fargo CDF

Triumph Re-Signs With Wells Fargo CDF

by December 5, 2016 at 12:30 pm

Wells Fargo Commercial Distribution Finance extended its dealer financing program with British motorcycle manufacturer Triumph Motorcycles, to continue serving Triumph’s network of North American dealers with inventory financing, the companies announced on Friday. “We are excited to extend our relationship with Wells Fargo CDF,” Matt Sheahan, Triumph’s chief operating office,Read More

Wells Fargo CDF Launches CDFconnect Program

Wells Fargo CDF Launches CDFconnect Program

by October 27, 2016 at 10:15 am

Wells Fargo Commercial Distribution Finance launched a full-service solutions program, CDFconnect, in the third quarter, to offer its dealer and OEM partners training, best practices, and succession planning, said Jeremy Jansen, the wholesale financier’s president of the motorsports group. CDFconnect combines CDF’s 60 years of industry and inventory financing experience withRead More

Golf Cart Manufacturer Signs With Wells Fargo CDF

Golf Cart Manufacturer Signs With Wells Fargo CDF

by September 9, 2016 at 11:25 am

Electric vehicle manufacturer Columbia ParCar Corp. signed an inventory financing program with Wells Fargo Commercial Distribution Finance to provide ParCar dealers with credit lines to purchase and stock vehicles, the companies announced yesterday. Reedsburg, Wis.-based Columbia ParCar manufactures low-speed electric vehicles and golf carts through the company’s dealer network, whichRead More

Wells Fargo CDF Onboards Arctic Cat Canada Dealers

Wells Fargo CDF Onboards Arctic Cat Canada Dealers

by August 3, 2016 at 11:33 am

Arctic Cat Canada finalized its partnership with Wells Fargo Commercial Distribution Finance on June 16 to provide inventory financing to Arctic Cat’s dealer partners across Canada. The partnership was first announced in the fourth quarter, and ACAT’s dealers were officially onboarded in June, said Jeremy Jansen, president of the motorsports group atRead More

Wells Fargo CDF Completes Asia Pacific Acquisition

Wells Fargo CDF Completes Asia Pacific Acquisition

by August 1, 2016 at 11:21 am

Wells Fargo & Co. continues to click up a gear as it moves toward completing the international acquisition of GE Capital’s Commercial Distribution Finance business this year, which will complement the CDF North American business acquired in March. Wells Fargo completed its Asia Pacific acquisition today with the purchase of the AustralianRead More