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GE Capital’s Commercial Distribution Finance (CDF) business announced today that it will continue to be the exclusive provider of inventory financing for the Husqvarna Group’s independent dealer network in the U.S. and Canada. Headquartered in Charlotte, N.C., Husqvarna manufactures a variety of outdoor power products, including chainsaws, trimmers, lawn mowers and garden tractors.
This agreement is an extension to a private label program, branded Husqvarna Financial Services (HFS) in the U.S., that launched in 2005. HFS provides financing to more than 3,500 independent dealers across North America.
Last month, I promised an update on the progress of the Governance/Structure Task Group. However, this month, I need to briefly change the focus of this column in order to provide timely information on a couple of upcoming opportunities.
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