Navistar Financial Corp. (NFC) has reached agreement on a renewal of a one-year, $500-million “dealer floor plan funding facility.”
Navistar Financial Corp. (NFC) has reached agreement on a renewal of a one-year, $500-million “dealer floor plan funding facility.”
“This renewal, combined with additional funding sources, ensures that we have appropriate liquidity to help International and IC Bus dealers purchase their floor plan inventory,” said David Johanneson, president & CEO of NFC. “Throughout the difficult economic climate of the past few years, the credit quality of our portfolio and the health of our dealer network have remained strong, and we continue to have access to funding to support the profitable growth of Navistar.”
NFC, an affiliate of Navistar International Corp., facilitates the bulk of its customer’s finance needs through Navistar Capital, its retail program formed last year in conjunction with GE Capital.
Voice your opinion!
To join the conversation, and become an exclusive member of FleetOwner, create an account today!
What challenges are top of mind for fleet professionals in 2025? Get exclusive insights from the 2025 Fleet Trends Survey and discover where the industry is headed next.
The most successful fleets accomplish more than delivering freight. To accomplish this, fleets need a fuel that’s reliable, more economical and more sustainable. That fuel is ...
Are your KPIs driving real fleet improvement? Learn how to set smarter, data-driven benchmarks, track success like top-performing fleets, and apply proven strategies to optimize...
Learn how eets can enhance truck utilization and minimize safety incidents using business intelligence and AI. Delve into innovative practices, technology integration and real...
