BRP, Valcourt, QC, has signed a multi-year strategic alliance with TCF Inventory Finance, Inc. (TCFIF), a new wholesale financing provider. As of February 2012, TCFIF will provide wholesale financing solutions to BRP's Sea-Doo, Ski-Doo, and Can-Am North American dealers, and be the preferred wholesale financing partner to Evinrude and Johnson outboard engine dealers.
“We are thrilled to add BRP and its roster of dealers to our customer base,” said Ross Perrelli, President and Chief Executive officer of TCFIF. “The creation of this long-term North America-wide relationship is proof that our formula of industry experience, exceptional customer service, and a reliable and stable source of capital is a winning one.”
TCFIF and its affiliates will be offering inventory financing, equipment financing and commercial banking services. TCFIF will dedicate staff to specifically service BRP dealers. Some TCFIF staff members will be working within BRP’s offices in Montréal.
“We know that wholesale financing is key to the success and growth of our dealer network,” said Yves Leduc, Vice-President and general manager, North America division. “We are pleased to add TCFIF to the list of our financial suppliers supporting our Canadian and American dealers. With its wide range of financial services, solid value proposition and great customer focus, TCFIF will be an excellent partner for our network.”