Rev Group dealers will gain access to floorplan needs from global financial solutions provider DLL. The move is an expansion of the relationship between DLL and Rev Group that began in 2021 and will be effective March 9.
The inventory finance partnership caters to dealers’ inventory turns, cash flow requirements and curtailment schedules, DLL stated. Approved REV Group dealers can take advantage of various programs available to support pre-sold equipment, parts, stocking and demo.
“The RV segment aligns with DLL’s Commercial Finance expansion initiative into recreational products,” said Mark McGovern, president of DLL’s commercial finance global business unit. “We look forward to supporting Rev and their dealers in all of their floor planning needs.”
DLL announced its entry into the RV market a year ago with a Winnebago partnership. The company expanded its reach to Forest River dealers last summer.
“Since the Forest River announcement, DLL has continued to partner with top manufacturers and dealers across North America, including Winnebago and Thor,” DLL stated. “Over the last nine months, we have continued to expand our presence in the recreational product space.”
The company stated it ramped up Commercial Finance staffing in the past year to support its commercial and credit/underwriting expansion in the space.
“We’ve also been more active in joining associations and attending tradeshows,” the company stated.
As it regards Rev Group dealers, DLL stated dealers may improve cash flow management, increase purchasing power accelerate customer delivery and reduce credit exposure through DLL’s inventory financing solutions.
“DLL’s commitment to strong relationships, history of successful partnerships and emphasis on customer experience were key in establishing the wholesale financing partnership,” said Mark Skonieczny, Rev Group chief financial officer. “We are confident that Rev Group dealers will benefit from the DLL wholesale financing solutions now available to them.”
The partnership also will make DLL the preferred floorplan provider for Rev Group’s North American fire, emergency and commercial businesses.
For more information, contact the Commercial Finance team by clicking here.
