Towing and recovery manufacturer Jerr-Dan, an Oshkosh company, introduced its first-ever financing program, Jerr-Dan Financial Solutions. Through this program, distributors can now provide financing directly to their customers from Jerr-Dan on new and used Jerr-Dan equipment.

In an effort to streamline and consolidate the current financing process for both dealers and their customers, Jerr-Dan partnered with Advantage Funding, to form a ‘one-stop shop’ for leases and loans.

“Advantage Funding was the ideal partner to Jerr-Dan in this groundbreaking program., said Jeff Irr, senior director of Sales at Jerr-Dan. “Not only are they familiar with our industry; they understand our customers’ needs.”

The partnership combines Jerr-Dan’s tow industry expertise with convenient access to lending support at the point of purchase as part of Jerr-Dan’s ‘Full Circle Program’ for dealers.

Financing is expected to be competitive for dealerships of various sizes and credit ratings. Jerr-Dan also provides servicing to buyers through the name of the originating dealership.

“Our partnership is designed to make financing solutions seamless and flexible to further enhance customer experience,” said Al Damiani, CEO of Advantage Funding.

Advantage Funding, based in Lake Success, NY, and founded in 1997, provides equipment financing and leasing solutions for the commercial transportation industry.