Arctic Cat Now Using GE Capital

danshell » 26 October 2009 » In News »

Arctic Cat Inc. has announced a deal with GE Capital, Commercial Distribution Finance for GE, to provide floorplan financing for Arctic Cat’s U.S. dealers. The new multi-year financing program replaces Arctic Cat’s current financing agreement with Textron Financial Corp., which had previously announced its intent to exit the dealer floorplan business. The new financing program is expected to begin in December.

“Arctic Cat and GE Capital share a commitment to meet the financial needs of our ATV and snowmobile dealers,” said Christopher Twomey, Arctic Cat’s chairman and CEO, in a press release. “We are excited and pleased with our new partnership and expect it to continue to provide innovative financing programs and superior service.”

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