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
Right-To-Repair Law Passes, Automakers File Federal Suit
While the legislation that passed in Massachusetts during the November election was targeted to the automotive industry, the same principle now applies to all equipment-servicing facilities in the state…
New: Echo PB-9010 Backpack Blower
Echo Inc. has launched the world’s most powerful backpack blower, the PB-9010, with 18% more than its closest competitor. The PB-9010 is part if ECHO’s X series lineup for the professional…
