GE Capital to provide floorplan financing for Erik Buell Racing
GE Capital’s Commercial Distribution Finance has been chosen as the first provider of inventory financing for Erik Buell Racing (EBR).
The financing will help support the expansion of EBR’s U.S. dealer network, allowing dealers to borrow flooring for models, such as EBR’s first, the 1190RX.
“As we ramp up our production capabilities and introduce other models, it’s great to know that we have a finance company that can support us as we expand,” EBR founder Erik Buell said. “I’m pleased that GE Capital, with its decades of experience in the motorsports industry, continues to support emerging manufacturers like EBR.”
“We’re not just bankers, we’re builders,” said Sameer Gaur, the commercial leader of CDF’s motorsports group. “Across businesses and industries, it’s important for us to contribute to the growth of American manufacturers at every stage of their development.”