Renewal continues successful 20 year relationship
Wells Fargo Commercial Distribution Finance (CDF), part of Wells Fargo & Company, announced it has extended its wholesale financing programs with Ducati North America, Inc. and Ducati Canada, Inc.
“With this recent renewal of our wholesale financing agreement, Ducati North America continues to rely on the Wells Fargo Commercial Distribution Finance team as an integral element for the success of the Ducati business. They’ve been able to evolve and adapt to the changing environment of the motorcycling industry with solutions that enable us to work towards increasing profitability for both us and our dealer network,” Jason Chinnock, CEO of Ducati North America, Inc.
“We are thrilled to extend our more than 20 year relationship with this iconic motorcycling brand,” said Jeremy Jansen, president of CDF Motorsports. “Ducati invokes thoughts of speed, precision, expertise, and personalization – many of the same foundations upon which we run our global inventory financing business. We’re honored that Ducati continues to trust CDF to help them grow their business in North America.”
The programs will continue to deliver inventory financing solutions to the manufacturer’s network of motorsports dealers.