Vectrix announces dealer financing program with GE
April 17, 2008
Filed under Features
Vectrix Corp., manufacturer of a two-wheel zero emission vehicle, announced a new dealer finance program with GE Capital Solutions’ Commercial Distribution Finance, a Vectrix press release stated.
The new program will provide inventory floor planning for North American Vectrix dealers, which will allow the dealers to have an inventory of Vectrix zero emission vehicles in their showrooms.
Chris Moe, chief financial officer of Vectrix, says the company wanted to work with GE because of its valued reputation in the industry.
“We selected GE because of its commitment to environmental initiatives under its ecomagination strategy,” Moe said. “In addition, GE is well respected in the powersports industry, and this Dealer Finance Program demonstrates Vectrix’s commitment to building a world class dealer network. This agreement enables Vectrix to offer floor planning for both existing and new dealers facilitating rapid dealer growth.”