New financial relationship will provide further dealer expansion and
support across Canada for growing powersports distributor
EDMONTON, Dec. 9, 2013 /CNW/ - Visionary Motorsports LTD., Canada's
largest independent powersports distributor, is pleased to announce GE
Capital's Commercial Distribution Finance (CDF) as its preferred
inventory financing provider.
GE Capital 's Commercial Distribution Finance (CDF) has a long standing
position of providing financing options for manufacturers, distributors
and dealers in the motorsports industry. Visionary Motorsports LTD.
began working with CDF in 2008 and has now chosen to expand its
relationship with the financial services giant in order to support the
distributor's growing Canadian operations.
"Because of our long-standing position in the Canadian motorsports
market, " said Howard Shiebler, president and CEO of CDF in Canada,
"we're prepared to help Visionary and its dealers analyze their
inventory management processes. We'll also provide them with
comprehensive market intelligence and digital account management tools
that they can leverage to succeed."
Established in 2005 by a group of powersports enthusiasts, the Edmonton
based Visionary Motorsports LTD. has matured into a rapidly expanding
distributor with 190 dealers across Canada. Today the company boasts a
roster of multiple brands including: Hisun ATVs and UTVs, Kipor power
equipment, Cleveland Cyclewerks motorcycles, Pitster Pro pit bikes, and
Linhai ATVs and UTVs.
"Visionary Motorsports LTD. has ambitious plans which are fueled by the
explosive growth experienced in the last three years" says Neil
Vanderkooi Director of Business Development at Visionary Motorsports
LTD. "Our goal now is to support this growth by better servicing our
rapidly expanding dealer network. With CDF as the preferred inventory
financing provider for Visionary Motorsports LTD. the process of moving
product from the manufacturer's assembly line to our dealer's floor is
now simplified; assisting in the development of our brands in the
About Visionary Motorsports LTD.
Visionary Motorsports LTD. is Canada's largest independent powersports
distributor of multiple quality brands to 190 dealers Canada wide. The
business is built on the concept of belief; belief in the brands
distributed; belief in quality products at fair prices, and belief that
daily operations will enable Visionary Motorsports LTD. to become a
major player in the Canadian powersports industry. For more information
about Visionary Motorsports LTD. or the brands distributed please
SOURCE: Visionary Motorsports Ltd.
For further information:
Visionary Motorsports LTD.
Marketing and Public Relations Department