Manufacturer Vermeer has selected GE Capital, Commercial Distribution Finance as a preferred provider of floorplan financing for its agricultural equipment distribution network in the United States and Canada. Vermeer manufactures a variety of equipment for use in agriculture, construction, landscaping, mining and treecare.
Floorplan financing, or inventory financing, is an important element of a successful manufacturer-dealer business model.
“GE Capital is working with us to provide customized financing programs beyond our internal inventory finance capabilities with enhanced customer service to help our distributors to grow sales,” said Jill Blanco, global dealer finance manager for Vermeer. “GE Capital’s industry expertise and technological innovations make it an ideal financing partner for our agricultural distribution network.”