FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / News / Read News

Print

GE Capital Renews Inventory Financing With Jacobsen Dealers

February 14, 2013, 08:03 AM

GE Capital’s Commercial Distribution Finance business announced it will continue to be the preferred provider of inventory financing for Jacobsen dealers in the U.S. and Canada. Jacobsen has been a GE customer since 2010. Headquartered in Charlotte, N.C., Jacobsen produces commercial turf maintenance equipment and related products such as utility vehicles, sprayers and aerators.

“GE Capital’s experience in the outdoor products industry enables them to provide exceptional service to our dealer network,” said Rocky Parson, vice president of finance at Jacobsen. “That, combined with GE Capital’s business intelligence tools, which help our dealers to optimize inventory levels, makes CDF an ideal financing partner.”

“We have a very favorable view of the golf and turf industry and look forward to a long relationship with Jacobsen,” said Steve Battreall, chief commercial leader of CDF.

Jacobsen, a Textron Inc. company, has more than 90 years of experience in the turf maintenance industry. Dedicated solely to delivering perfectly groomed turf, Jacobsen equipment is used on some of the finest golf courses, sports fields and other formal turf areas across the United States and the world, through an extensive distribution network and the international Ransomes brand.

GE Capital, Commercial Distribution Finance provided over $30 billion in financing to 40,000 manufacturers, dealers and distributors across North American consumer products industries in 2012.







Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.