Navistar Financial Finalizes Early Renewal of $800 Million Wholesale Funding Facility - aftermarketNews

Navistar Financial Finalizes Early Renewal of $800 Million Wholesale Funding Facility

Navistar's strong access to funding allows for early renewal of an $800 million funding facility.

WARRENVILLE, Ill. — Consistent with previous guidance, Navistar Financial Corp., a wholly owned subsidiary of Navistar International Corp., has signed a definitive agreement finalizing an early renewal of its $800 million dealer floor plan funding facility.

“At a time when many lenders are pulling back, we continue to have good access to funding, thanks to the credit quality of our portfolio,” said Terry Endsley, executive vice president and chief financial officer, Navistar International. “The ongoing support of our key relationship banks amidst today’s turbulent economy says a lot about their confidence in the health of our company and future growth opportunities.”

Navistar Financial Corporation provides financial programs and services tailored to satisfy all Navistar’s customer and dealer equipment-financing needs.

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