American IronHorse Adds Dealer Financing
March 25, 2005
Filed under Uncategorized
American IronHorse Motorcycle Co., (AIH) Fort Worth, Texas, motorcycle manufacturer said it has reached a $40 million financing agreement with Textron Financial Corporation, Providence, R.I., The package will give American IronHorse dealers access to a range of new custom financing. The exclusive deal with Textron Financial replaces all prior AIH supported programs and provides for new free flooring plans, increased credit lines and other flexible inventory financing options, AIH said.
“This is a huge stepping stone for American IronHorse that will allow the company and its dealer network to grow aggressively in the marketplace,” said Wil Garland, CEO of American IronHorse. Under the package, AIH will be able to provide unique custom programs, extended terms and competitive rates for its dealers, he said.