Share On Social
Kioti Partners With Huntington Distribution Finance
Kioti Tractor has entered into an agreement with Huntington Distribution Finance (HDF) to provide dealer floor plan lending solutions. Through this agreement, HDF will offer proven, efficient floorplan financing options to Kioti dealers in the U.S. This partnership will streamline the floor planning and dealer onboarding processes, enabling Kioti to deliver more value to its expansive and growing dealer network.
HDF provides custom inventory finance solutions to dealers, distributors, and manufacturers across North America. With a focus on delivering industry expertise, providing exceptional service, and optimizing the dealer onboarding experience, the company is committed to supporting business growth. HDF enables its partners to succeed by offering comprehensive tools and services.
“The strategic alliance will focus on creating simple, tailored solutions to support dealers’ growth goals—big or small,” Chiwhan Yoon, Deputy CEO and CFO explains. “Additionally, this exclusive agreement will enhance the onboarding process for new dealers, making it even easier to integrate Kioti equipment into their dealership. With satisfaction and efficiency at the forefront, Kioti and HDF will offer floorplan financing improvements including flexibility, scalability, and direct access to dealer resources. This change will build on the existing financial strength of Daedong-USA and Daedong Corp.”
Latest News
Makita Looks To Expand, Purchases Land In Atlanta Area
Makita is continuing its commitment to future growth in the U.S. market with the purchase of 80 acres in Georgia. The land, located northeast of Atlanta in Hall County, is the target for…
VP Racing To Add Business Development Focus
VP Racing Fuels, Inc., a global leader in performance fuels, lubricants and additives, has announced the appointment of James McVey to Business Development to focus on the OEM business. “James…
