DLL will expand its floorplan finance offerings into the utility trailer market in North America. With this expansion, DLL will work with manufacturers to develop tailored financing programs to meet the needs of the market and offer eligible dealers in the United States and Canada lines of credit to stock new dump trailers, car haulers, gooseneck trailers, horse trailers and more.
Providing floorplan finance solutions in the utility trailer market complements other segments DLL Commercial Finance currently supports, including food and agriculture, construction and recreational products.
“We are thrilled to extend our solutions to the utility trailer market and offer dealers another competitive floorplan finance option,” Mike Malone, head of new business development and product management for DLL Commercial Finance, said. “DLL has a proven track record of creating successful vendor-driven partnerships, backed by the strength and security of our parent company, Rabobank. Many of our North American customers stock utility trailers, and we are excited to continue to support their business growth.”
DLL recently joined the North American Trailer Dealers Association (NATDA) and will be exhibiting at the 2023 NATDA Trailer Show from Aug. 30‒31 in Nashville, TN.
