"We are well known for financing large, global motorsports brands. However, being a vested stakeholder in the industry means we recognize the importance of providing broad support," said
Adding specialty motorsports brands to CDF's customer portfolio provides thousands of independent motorsports dealers with additional products using their CDF credit facilities, helping to create incremental revenue streams and expanding customer bases for these dealers.
In addition to financing, CDF offers customers a robust array of detailed performance metrics and real-time statistics, as well as its Customer Online Management System (COMS), which provides streamlined account management. Customers can also leverage expertise from across the GE system and from external thought leaders through an exclusive portal, Access GE.
For more than 35 years and through all business and economic cycles, CDF has supported the motorsports industry. Inventory financing, also known as floorplan financing, is an important element of a successful manufacturer-lender-dealer business model. Manufacturers can focus on their core product development and production capabilities while dealers can focus on delivering products and services to consumers without having to worry about financing the inventory acquisition. About
GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com.
Keywords for this news article include: Banking and Finance, Investment Companies, Investment and Finance, GE Capital Commercial Distribution Finance.
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