TCF Inventory Finance was named the exclusive floorplan financing provider for powersports company Speed UTV, which is owned by Robby Gordon, a former NASCAR and IndyCar racer, and Todd Romano, founder of DragonFire Racing.

Collectively, Gordon and Romano have more than 40 years of racing, engineering and business experience. They have assisted powersports original equipment manufacturers (OEMs) with product and new vehicle development, and have now decided to offer the market their own off-road vehicles, accessories and designs.

“TCF believed in our unique business model, vehicles, dealers, our company and its financial outlook. Floor plan finance companies need to have a deep understanding of our business and our dealers’ business to see the value in financing our products,” Romano said. “TCF reviews many new business opportunities each year, and this year they chose Speed UTV as one of the companies to support through dealer financing. Our management team and dealer network are excited for this new relationship.”

“TCF is thrilled to be Speed UTV’s exclusive floorplan financing provider,” Jay Deverell, CEO of TCF Inventory Finance, said. “Mr. Gordon and Mr. Romano are experienced and skilled leaders in the powersports industry, which is sure to be invaluable to the success of Speed UTV. We thank them for selecting us to play a role in their company’s near- and long-term growth.”

TCF Inventory Finance provides floor plan financing solutions developed for manufacturers and dealers that sell equipment to commercial and consumer customers located in the U.S. and Canada.