TCF Inventory Finance opened for business in the midst of the 2008 financial crisis. Where other inventory companies saw a reason to cut back or shut down, we saw opportunity. So we moved, and we moved quickly. It’s a bet that paid off.
Since then, we’ve grown across North America, offering inventory financing solutions to manufacturers, distributors and dealers in all 50 states and Canada, with an emphasis on power sports, lawn and garden, recreational and specialty vehicles, marine products, construction, agriculture and consumer electronics and appliances. In 2017, TCF Inventory Finance and affiliates** originated $7.4 billion in inventory financing to nearly 11,000 customers.
Our rapid growth is the product of our commitment to building deep personal relationships with our customers and providing the best products and service in the industry, period. And with a renewed, company-wide focus on speed—faster applications, faster onboarding, faster financing—don’t expect us to hit the brakes any time soon.
*TCF Inventory Finance means either TCF Inventory Finance, Inc. or TCF Commercial Finance Canada, Inc. as applicable.
**Includes TCF Inventory Finance, Inc., TCF Commercial Finance Canada, Inc. and Red Iron Acceptance, LLC