Commercial Distribution Finance to Provide Growth Financing for Bush Hog’s Dealer Network
August 19 2015 - 7:00AM
Business Wire
Commercial Distribution Finance (CDF), a business of GE Capital,
announced today that it has been selected by Bush Hog, Inc., a
leading North American manufacturer of rotary cutters, to provide
financing solutions to its U.S. dealer network.
CDF will provide Bush Hog dealers with a supplemental inventory
financing program sometimes referred to as a “rollover program”.
This “rollover program” will allow Bush Hog dealers another source
of capital to finance their Bush Hog inventory coming due with the
supplier.
Headquartered in Selma, AL, Bush Hog also manufactures
zero-turning radius mowers, tractor loaders, backhoe attachments,
landscape tools and replacement parts. Bush Hog is a subsidiary of
Alamo Group.
“This program will provide our dealer with an additional source
of financing to help them grow,” said Tony Marchese, vice president
of sales at Bush Hog. “We value the innovative solutions that CDF
offers to meet our dealer’s needs.”
“We are excited to work with Bush Hog and its dealers,” said
Mike Horak, president of the outdoor products group at CDF. “We
specialize in custom-made financing programs to help our customers
be even more successful.”
About Commercial Distribution Finance
Commercial Distribution Finance (CDF) provided $46 billion in
financing for more than 40,000 dealers and more than 2,000
distributors and manufacturers globally in 2014. CDF operates in 60
countries and provides inventory financing solutions, service and
intelligence through in-depth industry expertise and commitment.
Programs include inventory and accounts receivable financing,
asset-based lending, private label financing, collateral
management, and related financial products. For more information,
visit gecdf.com or follow company news via Twitter
(GEInventoryFin).
GE (NYSE:GE) imagines things others don’t, builds things others
can’t and delivers outcomes that make the world work better. GE
brings together the physical and digital worlds in ways no other
company can. In its labs and factories and on the ground with
customers, GE is inventing the next industrial era to move, power,
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version on businesswire.com: http://www.businesswire.com/news/home/20150819005022/en/
GE CapitalTara Lambropoulos,
312-802-9712tara.lambropoulos@ge.com
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