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Triumph Motorcycles, Wells Fargo CDF extend floorplan deal

Triumph Motorcycles America has extended its dealer-financing program with Wells Fargo Commercial Distribution Finance (CDF). The program will serve the Triumph’s network of North American dealers with inventory financing.

“Triumph and Wells Fargo CDF have a long-standing, global financing relationship,” said Jeremy Jansen, motorsports group president at Wells Fargo CDF. “We are excited for what’s to come between the two companies and we are committed to delivering world-class service to their dealer community.”

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Triumph Motorcycles America has seen tremendous success in 2016, as sales have outpaces the market with impressive growth of 7.9% for year-over-year sales and the top European brand for on-highway motorcycles. These accomplishments come at a time when Triumph has introduced a number of new motorcycles for 2017, including the new Bonneville Bobber, Street Scrambler, Street Cup and T100 to ensure continued sales growth.

“We are excited to extend our relationship with Wells Fargo CDF,” said Matt Sheahan, COO at Triumph Motorcycles America. “Their ability to provide working capital, market analytics, and financial solutions to our dealers has been and will continue to be a critical component in our dealers’ growth.”

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