GE Commercial Distribution Finance (CDF) is a new player in RV finance.
Officials with the General Electric Co. subsidiary believes the firm offers “seamless, end-to-end programs that move recreational vehicle products from manufacturer to dealer/distributor.”
CDF entered RV lending in November when it completed the acquisition of Deutsche Bank AG’s Deutsche Financial Services (DFS) subsidiary, which was a major source of RV dealer floorplan financing.
CDF’s products and services for RV industry customers include: inventory finance; accounts receivable finance; purchase order funding; private label finance; credit and collection services; collateral management services; working capital loans and extended warranty and service agreement programs.
“Whether you are a manufacturer looking for a way to assist your dealers in stocking your product or a dealer in search of an effective inventory finance plan, CDF has the financing programs to meet your needs,” CDF reports on its website, www.gecdf.com.
The main contact at CDF for RV industry customers is Robert Parish, who was the national accounts manager at the DFS RV Group.