NewswireToday - /newswire/ -
Chicago, IL, United States, 2015/08/19 - Commercial Distribution Finance (CDF), a business of GE Capital, announced that it has been selected by Bush Hog, Inc. to provide financing solutions to its U.S. dealer network - BushHog.com / GECDF.com. NYSE: GE
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 (bushhog.com) 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 (CDF)
Commercial Distribution Finance (gecdf.com) 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.
GE (ge.com) 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, build and cure the world.