Wells CDF Launches Financing Program for REV Group

Wells Fargo Commercial Distribution Finance will launch a new program for dealer and distributor financing for REV Group, a $2 billion specialty vehicle (SV) manufacturer.

Powered by WFCDF, REV Financial Services will provide SV and manufactured equipment dealers with a range of financing programs and access to a suite of online business tools that can help meet business requirements and simplify inventory management.

The benefits of REV Financial Services extend beyond flexible financing programs. Dealers can tap into resources tailored for streamlining day-to-day operations and help businesses grow with:

  • A common operating platform for all North American REV dealers
  • Pre-owned financing capabilities
  • Opportunities for improved liquidity and enhanced cash flow
  • Field service representatives deployed to complete onsite inventory inspections
  • Dedicated sales and servicing professionals with extensive industry experience

Dealers using REV Financial Services will also have access to Wells Fargo CDF’s digital tool customer online management system (COMS). Those participating in the program can also use Dealer Insights, an online portal within COMS that delivers analytic and tactical reporting.

“We are excited to announce the launch of our program with Wells Fargo CDF,” said Tim Sullivan, president and CEO of REV Group. “By joining forces with them our extensive network of dealers can use top-of-the-line inventory financing solutions and analytics.”

Headquartered in Milwaukee, REV Group manufactures brands of buses, mobility vehicles, ambulances, fire apparatuses, recreation vehicles, terminal trucks and sweepers.

“REV Group manufactures 26 unique brands within the specialty vehicle industries and their dealers require an enormous amount of information to run their operations,” said Tim Hyland, president of the RV and SV Group, Wells Fargo CDF. “This is a fantastic opportunity to strengthen our relationship with REV and give their dealers the tools, insights and analytics to help them maintain and grow their operations.”

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