GE Capital, Commercial Distribution Finance named MRAA Platinum Partner
Wednesday, June 20, 2012
MINNEAPOLIS — GE Capital, Commercial Distribution Finance (CDF), the boating business’ leading provider of inventory financing, has renewed its position as a Platinum Member of the Marine Retailers Association of the Americas, the highest level of support for the association.
"The deep insights a company like CDF can provide into the health of the dealer body and the incredible resources they have to offer make them an invaluable partner for our association,” says Matt Gruhn, President of MRAA. "We appreciate all that they have contributed to our members in the past, and look forward to exploring new ways we can work together to help our members meet and exceed their financial goals.”
During the past 50 years, CDF has served as a source of financing to more than 3,000 marine dealers. In addition, they have provided data and tools to help dealers manage their inventory and benchmark their success. CDF also shares best practices, insights and resources to help customers tackle their biggest challenges.
"CDF contributes much more than financing to the industries we serve,” says Bruce Van Wagoner, President of CDF’s Marine Group. "Through our partnership with the MRAA, we can help dealers overcome their challenges and build strong businesses suited for today’s marine marketplace.”
About Marine Retailers Association of the Americas
Celebrating its 40thanniversary in 2012, the Marine Retailers Association of the Americas is the only North American association dedicated to furthering the interests of boat and engine dealers and other marine-related retailers throughout North America. Under the umbrella of MRAA Rewards, the MRAA offers a host of cost-saving, revenue-generating, business-improvement, and professional-development benefits exclusively for its members. MRAA is the united voice of marine retailers. For more information, visit www.MRAA.com.
About GE Capital, Commercial Distribution Financing
GE Capital, Commercial Distribution Finance provided nearly $32 billion in financing for more than 30,000 manufacturers, dealers and distributors across North America in 2011. Programs include inventory and accounts receivable financing, asset-based lending, private label financing, collateral management and related financial products. Customers have access to exclusive online tools and analytics to manage their accounts and inventory. For more information, visit www.gecdf.com or follow company news via Twitter (@GEInventoryFin).