Specialty vehicle dealer financing program

REV Group, a $2 billion specialty vehicle (SV) manufacturer, has chosen Wells Fargo Commercial Distribution Finance (CDF) to launch a new program for dealer and distributor financing across the US and Canada.

The program, to be called 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 company says REV Financial Services will offer flexible financing programs. In addition, dealers can tap into resources tailored for streamlining day-to-day operations. These include a common operating platform for all North American REV dealers; pre-owned financing capabilities; field service representatives deployed to complete onsite inventory inspections; and dedicated sales and servicing professionals with extensive industry experience.

Dealers using REV Financial Services will also have access to Wells Fargo CDF’s industry leading digital tool customer online management system (COMS), which accepts payments and offers inventory management tools, and includes an online portal that delivers analytic and tactical reporting customized to a user’s unique business such as inventory statistics, local demographics, and financing options.

“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 is an industry-leading company with more than 20,000 vehicle sales per year. The company manufactures brands of buses, mobility vehicles, ambulances, fire apparatuses, recreation vehicles, terminal trucks and sweepers, and provides dealers with reduced borrowing cost options and larger credit facilities.

“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.”