GE Capital Continues Decades of RV Industry Support
OREANDA-NEWS. November 19, 2012. In advance of the Recreation Vehicle Industry Association’s (RVIA) national trade show, which begins on Nov. 27, GE Capital said it is optimistic about the outlook for the RV industry.
"RV sales are often tied to economic indicators such as housing," said Tim Hyland, commercial leader of the RV group within GE Capital’s Commercial Distribution Finance (CDF) business. "With housing starts and consumer confidence trending up and a steady demand for inventory, we have good reason to believe that the RV industry will experience growth next year.”
For more than 30 years and through all business and economic cycles, CDF has supported the recreational vehicles industry with flexible inventory financing products. Inventory financing, also known as floorplan financing, allows dealers to stock, market and sell a wide variety of products from RV manufacturers. The manufacturer gets paid for shipped inventory, which allows them to offer dealers extended payment terms and more inventory to stock.
The National RV Show kicks off on Nov. 27 in Louisville, KY. Attendees are invited to visit CDF’s exhibit booth #132 in the South Wing, Lobby A at the Kentucky Exposition Center. To learn more about the event, go to http://www.rvia.org/?ESID=natshow.
"Our involvement in the RV industry hasn’t wavered, and we’re proud of the long-term relationships we have with dealers and manufacturers," Hyland continued. "We’ve always offered our customers more than just capital. Our team has decades of experience in the RV industry and our Customer Online Management System helps customers manage their accounts by giving them valuable insights."
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