GE Capital to provide floorplan financing for Viper

Publish Date: 
Nov 8, 2012

 

AUBURN, Ala. - Viper Motorcycle Co. has entered into an agreement with GE Capital's Commercial Distribution Finance (CDF) business to provide financing to approved dealers that want to buy Viper inventory.

Under the agreement, the company has a contingent liability to repurchase the inventory from the funder should the dealer experience a business failure. The floor plan funder does independent credit evaluations of all approved dealers.

Posted by Holly Wagner