cdf.wf.comInventory Finance

Customer ServiceSign On MENU ‍ Search Personal Investing & Wealth Management Small Business Commercial Banking Corporate & Investment Banking Customer ServiceCommercial Commercial and Business Financing Help grow sales, mitigate risk, and accelerate growth through inventory financing Wells Fargo brings together the benefits of outstanding customer service, extensive industry experience, and comprehensive financial services to serve the inventory financing needs of vendors and their related dealers across the U.S., Canada, and Europe. Our global scale and broad industry experience allows us to provide customers with actionable insights and a true competitive advantage. We have domain experience in the following industries: Marine Motorsports Outdoor products Agriculture Recreational vehicles Electronics & appliances Construction (Canada only) Forestry (Canada only) What is inventory financing? Inventory financing (also known as floorplan financing) provides an efficient, uninterrupted flow of inventory through the distribution channel, allowing our customers to focus on growing sales. ‍ How does inventory financing work? Step 1: Dealer Dealer orders inventory directly from the vendor. Step 2: Vendor Vendor ships inventory and then sends invoice to Wells Fargo. Step 3: Wells Fargo Wells Fargo pays vendor and sends statement to dealer. Step 4: Dealer Dealer makes payments to Wells Fargo . ‍ Potential benefits of floorplanning Potential benefits to vendors Immediate funding and improved days sales outstanding balance sheet ratio Mitigate or eliminate credit risk Reduce/eliminate collection expense Tailored programs, processes, and reporting Automated electronic data transmission and 24/7 online account management and analytical tools Potential benefits to dealers Optimal inventory stocking levels Extended repayment terms on inventory purchases often subsidized by the manufacturer and distributor Improve cash flow and liquidity Adequate credit lines Responsive and personal account management with 24/7 access to online customer system and analytical tools Gain the Wells Fargo advantage As part of Wells Fargo, we can provide access to a breadth of products and services to help meet your needs. Wells Fargo’s exceptional capital strength, solid long-term credit ratings, and industry experience can help your company reach its vision for the future. Online credit application For interested dealers: Apply nowFor interested vendors: Contact jeff.s.mcdermott@wellsfargo.com Customer Online Management System With COMS, you can make payments, manage inventory, and more. Visit COMSContact us US: 800-254-6695 Canada: 888-609-5550 Europe: InventoryFinanceEurope@wellsfargo.com Products and services require credit approval. Wells Fargo Distribution Finance (DF”) is the trade name in the United States for certain inventory financing (floor planning), working capital financing, and accounts receivable financing services of Wells Fargo & Company and its subsidiaries, including Wells Fargo Commercial Distribution Finance, LLC, Wells Fargo Capital Finance, LLC, Wells Fargo Bank, N.A., Wells Fargo Vendor Financial Services, LLC, Wells Fargo Financial Leasing, Inc., and Wells Fargo Equipment Finance, Inc. Wells Fargo Bank, N.A. is a bank affiliate of Wells Fargo & Company. Wells Fargo Bank, N.A. is not liable or responsible for the obligations of its affiliates. RO-3536450 LRC-0424 Privacy, Cookies, Security & Legal Notice of Data Collection General Terms of Use Ad Choices Report Fraud Sitemap Home About Wells Fargo Careers Diversity & Accessibility ‍ © 1999 - 2024 Wells Fargo & Company. NMLSR ID 399801...