“This renewal, combined with additional funding sources, ensures that we have appropriate liquidity to help International and IC Bus dealers purchase their floor plan inventory,” says David Johanneson, president and chief executive officer of NFC. “Throughout the difficult economic climate of the past few years, the credit quality of our portfolio and the health of our dealer network have remained strong, and we continue to have access to funding to support the profitable growth of Navistar.”
Navistar Financial renews $500M dealer inventory funding facility
Jul 22, 2011
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