fbpx

HISUN Finalizes Inventory Finance Program with Wells Fargo Commercial Distribution Finance

HISUN Motors Corp. USA has finalized an inventory financing program with Wells Fargo Commercial Distribution Finance (CDF). The financing program will be used to support dealership floorplan financing to HISUN’s growing network of dealers.

HISUN Motors Corp. USA has finalized an inventory financing program with Wells Fargo Commercial Distribution Finance (CDF). The financing program will be used to support dealership floorplan financing to HISUN’s growing network of dealers.

HISUN Motors Corp USA is the wholly owned subsidiary of a massive factory producing more than 13 models of off-road utility vehicles and 10 different ATV’s. The manufacturer began selling directly to dealers at the beginning of 2015 under the HISUN brand name.

Ryan Daugherty, vice president of sales and marketing for HISUN said, “The addition of Wells Fargo Commercial Distribution Finance opens new markets for HISUN due to Well Fargo’s vast reach with powersport dealers. We are confident the addition of CDF will result in exponential grow in HISUN’s network of North American dealers.”

“We are honored to be selected by HISUN as its preferred inventory financing lender. We are excited to help HISUN achieve growth goals through our dedicated industry focus, scale, dealer reach, and market leading technology,” said Jeremy Jansen, president of CDF Motorsports Group.

You May Also Like

Industry Veterans Marilyn Stemp and Steve Piehl Appointed to Sturgis Motorcycle Museum and Hall of Fame’s Board

Stemp and Piehl will begin serving on the board immediately.

Marilyn Stemp and Steve Piehl

The Sturgis Motorcycle Museum and Hall of Fame recently named Marilyn Stemp and Steve Piehl to its board of directors.

Stemp is a pioneering figure in the motorcycle industry, founding IronWorks Magazine with her late husband, Dennis, and becoming the first female editor of a nationally circulated, mainstream motorcycle magazine. She also revived their trade magazine, Iron Trader News; edits the monthly Kiwi Indian News; contributes to several powersports media outlets; and is the founding editor of Sturgis Rider Daily. Stemp is a noted editor and writer of several motorcycle-focused books. Her consistent support for charitable efforts in the industry include the annual Biker Belles Celebration, Las Vegas BikeFest and as campaign chair for the Sturgis Motorcycle Museum’s development plan in 2014. She co-founded the Flying Piston charity events taking place in Daytona and Sturgis each year and is a National Ambassador for All Kids Bike. Stemp was inducted into both the Las Vegas Motorcycle Hall of Fame and the Sturgis Museum's Hall of Fame in 2018, and in 2022 she was recognized as one of the Top 100 Women in Powersports by DealerNews.

MIC Statistical Annual Now Available

Get ahead of the motorcycle sales season.

Motorcycle Industry Council
REV’IT! TAILORTECH Design Challenge Offers U.S. Riders Chance to Win Custom Race Suit

Submissions will be accepted through April 21, 2024.

racing suit
Vespa World Days 2024 Set to Run April 18-21

The National Vespa Clubs from 55 countries come together, uniting thousands of Vespas from five continents.

Vespa World Days 2024
Mips Becomes Official Safety Partner of the FIM Motocross World Championship

This exclusive collaboration promotes enhanced safety awareness across the MXGP series.

MXGP/Mips partnership

Other Posts

Rekluse Team Names Randy Mullinix Product Manager

Mullinix comes with a tenure of two decades at leading OEMs.

Randy Mullinix
Indian Motorcycle Announces Sponsorship of Handbuilt Motorcycle Show

Indian’s sponsorship includes the season’s first Owners Ride, Custom Bike Display and demo rides of the all-new Scout lineup.

Handbuilt Motorcycle Show 2024
Octane Redefines Powersports Lending With Dealer Portal 2.0

Dealer partners can deliver an even faster, easier financing experience for their customers.

Dealer Portal 2.0
Iron Pony Motorsports Acquires Honda/Suzuki/Can-Am of Jackson

The company expands its footprint in Ohio.

Iron Pony Motorsports