Sullair selected Northpoint Commercial Finance as the exclusive provider of inventory financing for its distributors in the U.S. and Canada.

“We are pleased to have been chosen by Sullair as their partner and look forward to helping their distributors grow their sales with better cash flow management and the ability to stock to optimum levels of inventory,” said Dan Radley, president of Northpoint Commercial Finance.

The inventory finance program will allow Sullair distributors to stock, market and sell a wide variety of Sullair’s serialized products without having to tie up cash in inventory. Repayment terms under the Northpoint line of credit include a pay-as-sold option. Distributors can delay repayments of purchases for a period of time under the line of credit until their inventory is sold. Details of the program have already been disseminated to Sullair distributors and internal sales teams.

“The keys to our success in the air compressor business are durability, innovation and people,” said Scott Nelson, president of Sullair. “We wanted a partner that was customer-focused, and we selected Northpoint after evaluating factors such as financial strength, industry experience, and ease of doing business, including online tools. After running a pilot to see what Northpoint could do, we’re very happy with our choice.”

Sullair is a global manufacturer of portable air compressors, contractors’ air tools, stationary air compressors, compressed air treatment equipment and vacuum systems.