TCF Inventory Finance seeking new powersports customers

Publish Date: 
Jun 21, 2012

TCF Inventory Finance Inc. (TCFIF) has named Scott Raymond general manager for the company's powersports business in the United States, and Peter Kelley as GM for its powersports interests in Canada.

The appointments are made as the company looks to expand its base of powersports manufacturers and dealers across North America. "Scott and Peter both have extensive experience in floorplan financing as well as a deep understanding of the powersports industry," said Ross Perrelli, president and CEO of TCFIF. "I have tremendous confidence in their abilities to lead and bring new customers on board."

TCFIF recently gained ground in the powersports finance market when it entered into a multiyear exclusive agreement with BRP to provide inventory financing to its U.S. and Canadian Ski-Doo, Sea-Doo and Can-Am dealers. TCFIF also is the preferred finance provider for BRP's Evinrude and Johnson dealers across the U.S. and Canada. Additionally, TCF Commercial Finance Canada is the exclusive provider of inventory floorplan financing for Arctic Cat's Canadian dealers.

Kelley, who has been with TCFIF since the company's inception in 2008, remains president of TCF Commercial Finance Canada and will focus his efforts on the Canadian powersports industry for the near future.

Raymond joined TCFIF in June 2009 and is based in the company's Alpharetta, Ga., office. Over the past three years, he has been focused on the U.S. lawn and garden and specialty finance businesses, and has extensive experience in development and leadership of powersports financing programs.

Press release posted by Holly Wagner




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