According to a press release, NATDA members will be eligible to participate in an equipment financing program for dealers of commercial use trailers including utility, cargo, restroom, specialty as well as other commercial use vehicles. With this finance service, Priority One can offer these dealers access to exclusive commercial lenders, quick approvals, profit opportunities and an array of program options including leases, loans and zero-down options with no dealer fees.
Other benefits include free educational information related to F&I management best practices, compliance information and advice through webinars, the NATDA website and articles in the NATDA magazine and newsletter.
“We are very excited to partner with NATDA to offer financing on commercial use trailers,” said Business Development Director Jared Zimlin. “Considering the majority of trailer sales are for businesses and the programs currently on the market put the credit burden on the purchaser, not the business, this is a natural solution to a need in the market. This program will free up customer credit and capital for further purchases down the road while allowing the dealers to participate in an additional revenue stream.”
Priority One is a subsidiary of Forest River Inc.