Alpharetta, GA., March 11, 2016 – Northpoint Commercial Finance (Northpoint), a diversified finance company that provides flexible inventory lending and floorplan financing solutions, has developed a financing program for D&H Distributing (D&H) resellers. The program provides extended terms to D&H resellers who are also Nationwide Marketing Group members.
Nationwide, North America’s largest buying and marketing organization, helps thousands of appliance, furniture, electronics, specialty electronics, custom installation and rent-to-own dealers grow their businesses through purchasing power, marketing and finance programs. One of those programs is Northpoint’s floorplan financing, which Nationwide endorsed as a preferred lender for their over 3,500 members.
As a Nationwide Marketing Group vendor partner, D&H appreciated having an alternative, nimble source of inventory financing in Northpoint to ensure the growth and health of their reseller network. D&H is a leading technology distributor of IT and electronics offering end-to-end solutions for resellers, retailers and the clients they serve in the small-to-medium business and consumer markets.
“D&H is rooted in the tradition of taking a hands-on role in helping our resellers achieve their goals,” said Matt Riley, Sr. Financial Services Manager of D&H Distributing. “Offering extended term floor plan financing is one more way we can deliver on that promise. We also appreciate Northpoint’s shared values in customer service through dedicated account representatives for each client, regardless of size.”
Northpoint’s senior leaders offer a world-class management team with more than two decades of experience in the industry. As a non-regulated lender, Northpoint offers flexible programs not found in today’s highly regulated banking environment.
“Dealers and resellers need to purchase inventory to stay ahead of consumer demand, and they need creative ways to enhance product turns profitably and quickly. We’re looking forward to helping them with our finance solutions,” said John Durnien, SVP at Northpoint. “And while we’ll be offering preferred extended terms to D&H customers who are Nationwide members, we will offer financing options to all D&H resellers.”
“Northpoint as an industry finance option is a great compliment to our eXchange program,” said Dean Sottile, SVP of Distribution Logistics for Nationwide. “This provides our independent dealers with even more tools to help them make the best decisions for their business.”
Northpoint will be attending the Nationwide Marketing Group PrimeTime! Conference on March 13-16, and will be available to answer questions in booth #9071.
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.