Northpoint Launches Private Label Inventory Finance Program
AUG 12, 2015 - 6:35 am
Northpoint Commercial Finance will expand its market focus to include captive and private label inventory finance programs. Driven by strong receivable growth and market demand for a flexible, high touch lender, Northpoint will add programs designed together with the OEM to meet specific product placement needs in a variety of industries.
Leading this initiative is Scott Raymond who has been retained to assist Northpoint’s business development team, bringing 28 years of floorplan expertise developing and managing captive and private label programs for market leading manufacturers. With a background in P&L management, strategic planning, and team leadership, Raymond has a track record of success. Raymond will work with Dan Radley, Northpoint president and CEO, and is based in Alpharetta, GA.
“Leveraging Scott’s experience, we look forward to continuing our successful growth by bringing Northpoint’s exceptional service and process efficiency to manufacturer based programs,” said Radley. “Built by industry veterans, Northpoint is changing the dealer experience by returning a creative, flexible and personal approach to floorplan lending.”
Northpoint Commercial Finance, with offices in Alpharetta, GA and Burlington, ON, is a diversified inventory finance company that partners with manufacturers, distributors and dealers to provide flexible financing to their distribution channels.
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