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Wells Fargo CDF Extends Dealer Financing Program With Triumph Motorcycles

December 05, 2016, 07:44 AM
Filed Under: Inventory Finance

Wells Fargo Commercial Distribution Finance (CDF) has extended its dealer financing program with Triumph Motorcylces Ltd., the iconic British motorcycle manufacturer. The program will serve the manufacturer’s network of North American-based dealers with inventory financing.

“We are excited to extend our relationship with Wells Fargo CDF,” said Matt Sheahan, chief operating officer at Triumph North America. “Their ability to provide working capital, market analytics, and financial solutions to our dealers has been and will continue to be a critical component in our dealers’ growth.”

Triumph has been operating since 1902 and is the oldest continually produced motorcycle brand. The company is committed to developing truly unique motorcycles that are distinctive in look, design, and performance. Headquartered in England and with North American operations based in Atlanta, the extension is an opportunity to advance the health and profitability of Triumph’s business and dealer network.

“Triumph and Wells Fargo CDF have a long-standing, global financing relationship,” said Jeremy Jansen, motorsports group president at Wells Fargo CDF. “We are excited for what’s to come between the two companies and we are committed to delivering world-class service to their dealer community.”

Commercial Distribution Finance (CDF) provided $47 billion in financing for more than 40,000 dealers and more than 2,000 distributors and manufacturers globally in 2015. CDF 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

Triumph Motorcycles is the British premium, lifestyle motorcycle brand, which produces a wide range of distinctive, cool, and authentic Modern Classic, Adventure, Sport, Cruiser and Touring motorcycles. Also the oldest continually produced motorcycle brand, the first Triumph was manufactured in 1902.







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