Winston-Salem, NC, June 15, 2016 – Northpoint Commercial Finance (“Northpoint”) continues to expand its partnerships with Nationwide Marketing Group (“Nationwide”) members through a new program for O’Rourke Sales Company (“O’Rourke”) dealers. Northpoint is a diversified finance company that provides flexible inventory lending and floorplan financing solutions, and Nationwide is North America’s largest buying and marketing organization.
Headquartered in Davenport, Iowa with seven locations across the country, O’Rourke is a national distribution and fulfillment company for electronics and appliances across multiple sales channels, including premium and incentive, e-commerce, military exchanges, and both independent and national retailers.
“We are pleased to begin our new relationship with Northpoint,” said Jeff O’Rourke, CEO of O’Rourke Sales. “We know they understand our dealers’ priorities and financing requirements, and we feel it is crucial to give our dealers as many options as possible to diversify their borrowing. We encourage our dealers to contact Northpoint about their new program.”
Northpoint’s new program will give O’Rourke dealers a no-cost, extended term financing solution for an inaugural period. In addition, each dealer will be assigned an expert, dedicated account representative to serve as an ongoing financing strategist.
“We’re excited to provide O’Rourke dealers with the means to acquire their showroom and stock inventory without tying up cash and restricting liquidity,” said John Durnien, SVP at Northpoint.
Durnien also emphasized that Northpoint has financing options for all O’Rourke dealers, even though the initial extended terms program began with Nationwide members. As a non-regulated lender, Northpoint offers flexible programs not found in today’s highly regulated banking environment, and can offer a nimbler response.
About Northpoint Commercial Finance
Northpoint Commercial Finance, with offices throughout North America, is a diversified financial solutions provider offering inventory lending, floorplan finance and asset based financing. An experienced lender, they offer a wide array of program structures to meet the needs of original equipment manufacturers, distributors, resellers and dealers in a variety of consumer and commercial products industries. Their team offers a creative, flexible and personal approach combined with innovative technologies, and streamlined processes. For more information about Northpoint’s product offerings, visit www.northpointcf.com.