Post Tagged with: "Wells Fargo"

Photo by William Hoffman / Royal Media Group

Wells Fargo CDF Extends Dealer Financing With Ducati

by May 9, 2017 at 11:04 am

Wells Fargo Commercial Distribution Finance extended its wholesale financing programs with Ducati North America Inc. and Ducati Canada Inc., the companies announced yesterday. The programs will continue to deliver inventory financing solutions to the manufacturer’s network of dealers, continuing Wells Fargo CDF’s 20-year relationship with Ducati. The program extension comesRead More

Wells Fargo CDF to Roll Out Pre-Owned Dealer Rewards Program

Wells Fargo CDF to Roll Out Pre-Owned Dealer Rewards Program

by April 27, 2017 at 11:00 am

Well Fargo Commercial Distribution Finance will launch a dealer rewards program early next month in the wake of increasing consumer demand for pre-owned vehicles, Jeremy Jansen, president of the company’s motorsports group, told Powersports Finance. “We are very excited to deliver inventory financing solutions to the pre-owned space,” he said.Read More

Photo by William Hoffman / Royal Media Group

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

Know Before You Owe: Regulatory Lessons Learned From Auto Finance

Know Before You Owe: Regulatory Lessons Learned From Auto Finance

by February 23, 2017 at 11:00 am

At the very least, lenders should identify who in the organization is responsible for compliance, and dedicate as many resources as possible toward creating a compliance system that management deems appropriate for the company’s size, complexity, and consumer risk profile, David E. Gemperle, partner at Nisen & Elliott LLC, toldRead 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

Jeremy Jansen, president of Wells Fargo Commercial Distribution Finance's motorsports group.

Wells Fargo CDF Sets Sight on Increasing Tech Investments, Dealer Support

by January 3, 2017 at 11:30 am

Wells Fargo Commercial Distribution Finance has shifted focus in the fourth quarter toward increasing technology investments and building up its staff to provide increased dealer support, after focusing on the company’s integration with Wells Fargo & Co. for most of 2016, said Jeremy Jansen, president of the company’s motorsports group.Read More

Powersports Finance’s Top 5 Compliance Stories of 2016

Powersports Finance’s Top 5 Compliance Stories of 2016

by December 29, 2016 at 11:30 am

The Consumer Financial Protection Bureau dominated much of the headlines in auto finance in 2016, and several lawyers advised powersports lenders to remain cautious and diligent with compliance practices as a result. Federal regulators continued to reach numerous consent orders and level fines against various auto lenders. Wells Fargo &Read More

Startup Scooter Manufacturer Aims to Boost Urban Mobility

Startup Scooter Manufacturer Aims to Boost Urban Mobility

by December 22, 2016 at 11:30 am

Nordstom shoppers can pick up an URB-E electric scooter while gift shopping this year, but only through December. The promotional sale is part of startup URBAN626 LLC’s effort to boost sales and brand awareness, said Evan Saunders, the manufacturer’s head of sales and marketing. URB-E is an American-made, 35-pound, foldable electric scooter builtRead More