Auto Finance News

DLL announces floorplan financing partnership with Vanderhall

malone mike 400

Global financial solutions provider, DLL, is proud to announce a floorplan financing partnership with Vanderhall Motor Works, Inc., a manufacturer of premium light mobility vehicles. DLL will serve as a preferred floorplan financing partner for Vanderhall in the United States.

Vanderhall manufactures premium three- and four-wheeled vehicles designed and built in Provo, UT. Most recently, Vanderhall released the Brawley, the first ever fully enclosed all-electric side by side. Vanderhall expects to release additional premium electric light mobility vehicles in the coming years.

“We are thrilled to serve as a preferred provider for Vanderhall’s dealer network,” said Mike Malone, Head of Global New Business and Product Development at DLL (pictured). “The light mobility vehicle market is exciting and evolving, and we look forward to supporting Vanderhall and their dealers in all of their floor planning needs.”

“We are excited to partner with DLL at a time of accelerated growth for Vanderhall”, said Matt Van Dyke, Chief Financial Officer at Vanderhall. “We are confident that Vanderhall dealers will benefit from the DLL floorplan financing solutions now available to them.”

Through floorplan financing solutions with DLL, dealers of Vanderhall may improve cash flow management, increase purchasing power, accelerate customer delivery, and reduce credit exposure.