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
Market Grows Rapidly: Demand Adds 5 Million Units To U.S. Power Equipment Shipments In 2020
The Outdoor Power Equipment Institute (OPEI) has released its December forecast, showing record growth across the industry despite an ongoing pandemic and downward market pressures, and predicting continued positive activity into 2021…
Stihl Sponsors Capitol Christmas Tree
Each year a different national forest is selected to provide a tree to appear on the West Lawn of the U.S. Capitol building for the holiday season, and this year, under the theme, Experience Your Nature, the Grand…
