Operating a successful trailer dealership requires hard work,
innovative thinking and solid financial management. In addition
to balancing the demands of customers, suppliers and critical
business operations, effectively managing cash flow is a critical
part of running a successful business. Using inventory financing,
provided through a highly experienced specialty finance company,
may be a better way to create valuable, incremental cash flow.
Free up cash flow with inventory financing
For business networks that sell manufactured products through
distributors and dealers, the cost of holding inventory can be one
of the largest drains on precious cash flow. Inventory financing
is a solution that frees up cash flow by facilitating the movement
of finished goods inventory between manufacturers and dealers.
Dealers can stock more inventory to help grow sales with
extended payment terms and receive up to 100 percent invoice
advance on inventory. The inventory serves as collateral to
obtain the financing, allowing the business to spend their capital
on growth opportunities.
A lender that is a true specialist in this type of financing can
help companies easily transition from a traditional line of credit
to inventory financing. GE Capital, Commercial Distribution
Finance (CDF) has worked with manufacturers, distributors and
dealers for more than 60 years and offers
a variety of services to complement its
inventory financing.
Dedicated to the Trailer Industry Since
1990
CDF has almost 25 years of experience
in the trailer industry and has a
longstanding relationship with NATDA.
Trailer experts at CDF understand that building a better
dealership takes more than just working capital – it requires
a commitment to helping customers build better business.
CDF does this by providing customers with direct access to
management tools, market insights, sourcing opportunities and
many other resources from the array of GE’s global businesses
through its Access GE program.
Access GE has provided customers with the tools and strategies
to address their most pressing business challenges for more than
a decade. By applying the insights gained while working with so
many customers and seeing the issues they’ve faced, Access GE
has developed methods for approaching and solving these tough
challenges. These tools are delivered through an exclusive web
portal, webinars, and events.
CDF also provides customer with essential tools to optimize
their business performance. With CDF’s exclusive customer
online management system (COMS), customers can manage
payments and billings as well as view key insights to help improve
inventory turnover.
CDF and NATDA work together to find ways to improve
the industry. For example, in 2014 CDF partnered with
manufacturers to offer a NATDA show financing special. By
working with NATDA to promote it through advertisements,
webinars and editorial content, CDF was able to reach a high
volume of dealers and to achieve record numbers in volume.
As the industry continues to grow in 2015, CDF will remain a
critical resource in helping trailer dealers manage their inventory
and cash flow, and they will keep working with NATDA to build
upon the momentum of 2014.
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NATDA Magazine www.natda.org