Kioti Tractor Partners with Huntington Distribution Finance to Support Dealer Floor Plans
Kioti Tractor is a division of Daedong-USA, Inc.. The company recently announced an agreement with Huntington Distribution Finance, Inc. (HDF) to provide dealer floor plan lending solutions. Through this agreement, HDF will offer proven, efficient floorplan financing options to Kioti dealers in the United States. This partnership will streamline the floor planning and dealer onboarding processes. This will enable Kioti to deliver more value to its expansive and growing dealer network.
“At Kioti, we are committed to innovation that not only strengthens our business, but also arms our dealer partners with necessary resources to foster sustainable growth,” said Jun Bahk, president and CEO of Daedong-USA, Inc., Kioti Tractor Division. “Our agreement with HDF builds on our solution-oriented approach to seamlessly streamline processes for dealer success.”
HDF provides custom inventory finance solutions to dealers, distributors and manufacturers across North America. The company is committed to supporting business growth. It will do this with a focus on delivering industry expertise, providing exceptional service and optimizing dealer onboarding. HDF enables its partners to succeed by offering comprehensive tools and services.
“The strategic alliance will focus on creating simple, tailored solutions to support dealers’ growth goals – big or small,” Chiwhan Yoon, Deputy CEO and CFO explained. “Additionally, this exclusive agreement will enhance the onboarding process for new dealers, making it even easier to integrate Kioti equipment into their dealership. With satisfaction and efficiency at the forefront, Kioti and HDF will offer floorplan financing improvements including flexibility, scalability, and direct access to dealer resources. This change will build on the existing financial strength of Daedong-USA and Daedong Corporation.”
Kioti has an extensive network of more than 500 dealers throughout North America. For more information about Kioti Tractor, visit kioti.com or contact an authorized Kioti Tractor dealer.
