PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: General Electric Company

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

GE Capital Sees Upbeat Boating Industry Leading to MDCE - Marine manufacturers and dealers are upbeat about their industry as the U.S. selling season comes to a close, according to GE Capital’s Commercial Distribution Finance (CDF) business, a leading provider of dealer financing across North America
GE Capital Sees Upbeat Boating Industry Leading to MDCE

 

NewswireToday - /newswire/ - Chicago, IL, United States, 2013/11/14 - Marine manufacturers and dealers are upbeat about their industry as the U.S. selling season comes to a close, according to GE Capital’s Commercial Distribution Finance (CDF) business, a leading provider of dealer financing across North America. NYSE: GE

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Boat/Yacht/Sailboat Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The positive sentiment is expected to be reflected in the mood at the Marine Dealer Conference & Expo (MDCE), which will be held Nov. 17-20 in Orlando, FL. Sponsored by the Marine Retailers Association of the Americas (MRAA), the event gathers together marine dealers to learn the industry's latest trends and best practices.

Bruce Van Wagoner, president of CDF’s Marine Group, noted increases in both volume and outstanding credit line usage compared to 2012. At the same time, inventory aging and credit losses remain low.

“Exciting new product introductions as well as increasing pre-owned sales and trade-ins led to healthy consumer demand this year,” Van Wagoner said. “That’s reflected in inventory turns of nearly 2.5 times year over year.”

MDCE attendees are invited to visit CDF at booth #1110 at the Orange County Convention Center. For information, go to mraa.com/.

The conference will culminate with the Top 100 Gala, which recognizes the best-performing marine dealers in North America. GE Capital has been a sponsor/member of the Leadership Alliance since the inception of the Top 100 in 2005.

“This is a great way to honor these outstanding dealers and to energize the industry as a whole,” Van Wagoner said. “We’re proud of our ongoing relationship with the MRAA as well as many dealers across the U.S. and Canada.”

For more than 50 years and through all business and economic cycles, CDF has offered customer-centric floorplan financing programs that enable marine dealers to stock a broad selection of new and pre-owned products. Floorplan financing, also known as inventory financing, is an important element of a successful manufacturer-dealer business model as manufacturers and distributors benefit from enhanced product flow and increased sales opportunities, and dealers obtain improved terms and credit availability.

To help dealers and manufacturers achieve continued success, CDF shares data through comprehensive digital tools. By using CDF’s enhanced Customer On-Line Management System (COMS), dealers can speed transactions; locate and transfer products; and otherwise manage their inventory. To speak with a CDF representative, interested parties may call 800-451-5944.

About GE Capital, Commercial Distribution Finance
GE Capital, Commercial Distribution Finance (gecdf.com) provided nearly $31 billion in financing for more than 33,000 dealers and 2,000 distributors and manufacturers in the U.S. and Canada in 2012. Programs include inventory and accounts receivable financing, asset-based lending, private label financing, collateral management and related financial products. Customers have access to exclusive online tools and analytics to manage their accounts and inventory.

GE Capital (gecapital.com) offers consumers and businesses around the globe an array of financial products and services.

GE (ge.com) 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.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Boat/Yacht/Sailboat Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: General Electric Company

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Boat/Yacht/Sailboat articles,
CATCH Visitors via Your Competitors Announcements!


GE Capital Sees Upbeat Boating Industry Leading to MDCE

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

GE News Center | Boating Industry
Publisher Contact: Lisa Tibbitts - GE Capital Americas 
203-956-4582 lisa.tibbitts[.]ge.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any General Electric Company securities in any jurisdiction including any other companies listed or named in this release.

Boat/Yacht/Sailboat via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From General Electric Company / Company Profile


Read Boat/Yacht/Sailboat Most Recent Related Newswires:

BRP Extends its Evinrude Network of Boat Builders in Europe
GE Completes Upgrade Service to One of the World’s Most Famous Ocean Liners, Queen Mary 2
MAN Diesel Engines As Basis for Innovative Hybrid Drive System on MS Vision of The Fjords
European Premiere in Cannes for MAN's Internationally Acclaimed Yacht Engine i6-800
World’s First LNG-Powered Bulker with ME-GI Prime Mover Announced
BRP’s Evinrude Engines and Zodiac Boats Reach Agreement
The First MAN D2676 Engine for Work Boats Now Ready to Launch for Salmon Fishing in Alaska
Evinrude E-link Virtual Dashboard Offers Direct Control of Engine Features from A Mobile Device
BRP Expands New Era of Outboard Engines to New Power Range
Thales Signs OFSV Contract with Seaspan’s Vancouver Shipyards
GE Enters the Container Ship Industry, Equipping Maersk Line’s 2nd Generation Triple-E Vessels
BRP and Telwater Relationship Strengthened through New Outboard Distributor Agreement
MAN Unveils The Next Generation of Inline Six-cylinder Engines for Yachts
Nicole Haboush Joins Sovereign Marine Group
MAN Introduces Latest High-speed Diesel Engine MAN V12-1900

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  Triggr & Bloom





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)