Wells Fargo Commercial Distribution Finance (CDF), part of Wells Fargo & Company, has announced it extended its inventory financing program with motorcycle national sales company Ducati North America. The extension will be used to support dealership floorplan financing across Ducati’s North American network.
“Since Ducati North America’s early days, the team at Wells Fargo CDF has been a vital part of our development in the U.S. market. Through our relationship we have identified ways for us to further advance the health and profitability of our business and dealer network,” said Jason Chinnock, chief executive officer of Ducati North America. “We value the experience and expertise they provide our company, all while retaining a unique personal touch.”
“We are pleased to have a long-standing relationship in supporting Ducati’s growth efforts over the last 19 years,” said Jeremy Jansen, president of CDF’s motorsports group. “We look forward to continuing to deliver Ducati dealers with knowledge and financial solutions that can best help the company successfully grow for many years to come.”
“The Ducati program is a great example of how we work closely with our customers to create innovative programs that meet the needs of both manufacturers and dealers,” said Tim Nixon, managing director Wells Fargo CDF in Canada. “We are pleased to extend this program and will continually strive to provide Ducati and its dealers with a best-in-class customer experience.”