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DLL Announces Wholesale Financing Partnership with REV Group®

Posted 03/01/2022
WAYNE, PA, March 1, 2022– DLL, a global financial solutions provider, is proud to announce a wholesale financing partnership with American specialty vehicles manufacturer REV Group, effective March 9, 2022. DLL will serve as the preferred floorplan provider for REV Group’s fire, emergency and commercial businesses in the U.S. and Canada. In addition, DLL will service floorplan needs for REV’s recreation vehicle brands.  

DLL initially began working with REV Group in 2021, supporting select retail financing needs. The inventory finance partnership caters to dealers’ inventory turns, cash flow requirements and curtailment schedules. Approved REV Group dealers can take advantage of various programs available to support pre-sold equipment, parts, stocking and demo. 

“We are thrilled to serve as the preferred provider for REV’s fire and emergency vehicles and commercial vehicles segments,” said Mark McGovern, President of the Commercial Finance Global Business Unit at DLL. “Additionally, the RV segment aligns with DLL’s Commercial Finance expansion initiative into recreational products. We look forward to supporting REV and their dealers in all of their floor planning needs.” 

“DLL’s commitment to strong relationships, history of successful partnerships and emphasis on customer experience were key in establishing the wholesale financing partnership,” said Mark Skonieczny, Chief Financial Officer at REV Group. “We are confident that REV Group dealers will benefit from the DLL wholesale financing solutions now available to them.” 

Through inventory financing solutions with DLL, dealers of REV Group specialty vehicle brands may improve cash flow management, increase purchasing power, accelerate customer delivery and reduce credit exposure. 

For more information, contact the Commercial Finance team

About DLL 

DLL is a global asset finance company for equipment and technology with a managed portfolio of almost EUR 35 billion. Founded in 1969 and headquartered in Eindhoven, the Netherlands, DLL provides financial solutions to the Agriculture, Food, Healthcare, Clean Technology, Construction, Transportation, Industrial, Office Equipment and Technology industries in more than 30 countries. DLL partners with equipment manufacturers, dealers and distributors, as well as end-customers on a direct basis, to enable businesses to more easily access equipment, technology and software. The company also delivers insights and advice to partners and customers that drive smarter and more economical methods of use. DLL combines customer focus with deep industry knowledge to deliver sustainable solutions for the complete asset life cycle, including commercial finance, retail finance and used equipment finance. DLL is a wholly owned subsidiary of Rabobank Group. To learn more about DLL, visit www.dllgroup.com.  

About REV Group, Inc. 

REV Group® companies are leading designers and manufacturers of specialty vehicles and related aftermarket parts and services, which serve a diversified customer base, primarily in the United States, through three segments: Fire & Emergency, Commercial, and Recreation. They provide customized vehicle solutions for applications, including essential needs for public services (ambulances, fire apparatus, school buses, and transit buses), commercial infrastructure (terminal trucks and industrial sweepers), and consumer leisure (recreational vehicles). REV Group's diverse portfolio is made up of well-established principal vehicle brands, including many of the most recognizable names within their industry. Several of REV Group's brands pioneered their specialty vehicle product categories and date back more than 50 years. REV Group trades on the NYSE under the symbol REVG. Investors-REVG 

 

Author
Megan Yocum
Organization
DLL
Phone Number
2676982875