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Article: Textron Financial Expands with New European Operation.
- Article from:
- Business Wire
- Article date:
- January 17, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PROVIDENCE, R.I. -- Textron Financial Corporation, a Textron Inc. (NYSE: TXT) company, today announced the expansion of its Distribution Finance Group into Europe with the opening of Textron Financial Limited based in Guildford, Surrey, United Kingdom. The company's new European operation will service all of Western Europe, providing inventory financing, also known as floorplan financing, to a variety of dealers in coordination with product manufacturers.
"Establishing operations in the United Kingdom brings Textron Financial closer to our current customers' international operations and to new customers who are interested in inventory financing," said Division ...