Polaris Customer Testimonial - GE Capital Distribution Finance & Sales Finance
With annual sales approaching $1.6 Billion, Polaris is a leading power-sports manufacturer in the US Polaris products are sold through a network of nearly 1400 dealers in the US, plus a growing distribution network in Canada and abroad. In advance of the recent economic downturn Polaris was looking for a smarter way to manage inventory across its dealer network. Their early adoption of a model driven upon dealer sales activity has provided a competitive advantage as slowing retail has driven industry inventory levels upward. To change their distribution model Polaris needed an inventory finance provider that understood the markets in which they operated and could support a solution tailored to their specific needs. GE Capital Commercial Distribution Finance has a broad footprint in motorsports financing, giving GE Capital insight into industry-wide trends beyond Polaris' dealers. With advanced analytical capabilities, GE Capital is able to provide valuable information to Polaris on its dealer network, allowing them to manage inventory in a way that mitigates risk and promotes healthy growth. Tom Orluck has worked alongside Polaris for over 25 years leading a team of GE Capital distribution finance experts working on-site at Polaris' Medina, Minnesota headquarters. This close working relationship enables GE Capital to work as part of the Polaris team. "GE Capital and Polaris are strategic partners - we share both risks and rewards as we jointly develop solutions for our ...
View Count: 0 Date: July 28, 2010