The wholly owned finance subsidiary of International Truck and Bus Corp., Navistar Financial Corp. is moving from its current Rolling Meadow, IL, offices to a new headquarters building in Schaumburg, IL.
The captive financing arm has also announced that it will “move away” from its informal name of International Finance Group and reinforce the Navistar Financial brand name.
While 80 to 85% of its business will continue to support International dealers and their truck-buying customers, the subsidiary says it also intents to extend into trailer and other industry financing.
Navistar Financial employs 220 people at its headquarters operation. It also has three regional offices in Atlanta, Chicago and Dallas, as well as an affiliated operation in Mexico City.
Voice your opinion!
To join the conversation, and become an exclusive member of FleetOwner, create an account today!
Downtime is expensive. This guide shows you how to keep your eet running, reduce repair surprises, and protect your margins—because when your trucks aren’t moving, you’re not...
Learn how fast oil changes can optimize vehicle downtime for fleet owners. Improve revenue and employee productivity while ensuring customer satisfaction with efficient maintenance...
Commercial fleets bear a heavy burden from economic uncertainty, operational costs, and litigation risks. In-cabin video technology offers opportunities to reduce fleet expenses...