Wells Fargo CDF partners with Vanderhall Motor Works for financing
Wells Fargo Commercial Distribution Finance (CDF) announced a new financing relationship with Vanderhall Motor Works, a prominent three-wheeled vehicle manufacturer based in Provo, Utah. CDF will provide inventory financing to Vanderhall’s expanding dealer network across the United States.
Vanderhall specializes in manufacturing three-wheeled, open-air autocycles. These customizable roadster-style vehicles are hand-built using almost entirely American-sourced components. Capturing attention from motorcycle and automobile enthusiasts alike, Vanderhall is growing its dealer footprint across the country.
“Vanderhall is bringing a tremendous amount of innovation to the three-wheeled on-road space with their truly unique brand of crossover models,” said Jeremy Jansen, president of Wells Fargo CDF’s motorsports group. “Their products are receiving positive reviews from our existing dealer base and we look forward to leveraging CDF’s experience and expertise to further assist Vanderhall in reaching their strategic objectives.”
“A strong dealer network is built on companies working towards common goals,” said Steve Hall, Vanderhall CEO. “Wells Fargo can support the maintenance and growth of a top-tier dealer network that will help deliver our product to more consumers.”