Northpoint, O’Rourke Sales Enter Inventory Finance Program

Northpoint Commercial Finance expanded its partnerships with Nationwide Marketing Group members through a new program for O’Rourke Sales Company dealers.

Headquartered in Davenport, IA with seven locations across the country, O’Rourke is a national distribution and fulfillment company for electronics and appliances across multiple sales channels, including premium and incentive, e-commerce, military exchanges and both independent and national retailers.

“We are pleased to begin our new relationship with Northpoint,” said Jeff O’Rourke, CEO of O’Rourke Sales. “We know they understand our dealers’ priorities and financing requirements, and we feel it is crucial to give our dealers as many options as possible to diversify their borrowing. We encourage our dealers to contact Northpoint about their new program.”

Northpoint’s new program will give O’Rourke dealers a no-cost, extended term financing solution for an inaugural period. In addition, each dealer will be assigned an expert, dedicated account representative to serve as an ongoing financing strategist.

“We’re excited to provide O’Rourke dealers with the means to acquire their showroom and stock inventory without tying up cash and restricting liquidity,” said John Durnien, SVP at Northpoint.

Durnien also emphasized that Northpoint has financing options for all O’Rourke dealers, even though the initial extended terms program began with Nationwide members.

Northpoint is a diversified finance company that provides inventory lending and floorplan financing solutions, and Nationwide is a buying and marketing organization.

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