Specialty vehicle manufacturer REV Group Inc. partnered with Wells Fargo Commercial Distribution Finance to launch REV Financial Services, a new wholesale captive program for dealer and distributor financing across the U.S. and Canada, the companies announced on Oct. 20.
REV Financial Services will provide specialty vehicle and manufactured equipment dealers with a range of financing programs and access to online business tools, according to a company press release. Dealers can utilize various resources through REV Financial Services, such as an operating platform for all North American dealers, preowned financing capabilities, and field service representatives deployed to complete onsite inventory inspections.
Additionally, dealers will have access to Wells Fargo CDF’s digital tool, the Customer Online Management System (COMS), which accepts payments and offers inventory management tools, according to the release. Those participating in the program can also use Dealer Insights, an online portal within COMS that delivers analytic and tactical reporting, including inventory statistics, local demographics, and financing options.
Milwaukee, Wis.-based REV Group manufactures 26 brands, including recreation vehicles, buses, mobility vehicles, ambulances, fire apparatuses, and terminal trucks. The group also provides dealers with reduced borrowing cost options and larger credit facilities. REV employs approximately 6,000 people in 16 different manufacturing facilities in the U.S., and produces more than 20,000 specialty vehicles annually.