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.