TCF Inventory Finance, Inc. has named Scott Raymond as general manager for the powersports industry in the United States, and Peter Kelley as general manager for the powersports industry in Canada. Together, they will lead TCFIF’s efforts to further expand its base of powersports manufacturers and dealers across North America.
Kelley, who has been with TCFIF since the company’s inception in 2008, remains the president of TCF Commercial Finance Canada, Inc., but 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 significant powersports financing programs.
TCFIF recently gained significant ground in the powersports finance market when it entered into a multi-year exclusive agreement with BRP to provide inventory financing to its U.S. and Canadian Ski-Doo, Sea-Doo and Can-Am dealers. TCFIF is also the preferred finance provider for Evinrude and Johnson dealers.