Bombardier Capital’s Inventory Finance Division (BCIFD), which is part of the financing division of Bombardier Inc, provides financing for a diverse range of equipment in the US and Canada. BCIFD is headquartered in Colchester, Vermont and has approximately 280 employees.
BCIFD has relationships with more than 4,500 dealers and more than 500 manufacturers. It is comprised of four main business units that provide financing for a variety of products: Powersports (snowmobiles, all terrain vehicles), marine (boats, motors, and boat trailers), recreational vehicles and manufactured housing.
GE and Bombardier enjoy a long history together and continue to be strategic partners in multiple industries, said Mike Neal, president and CEO of GE Commercial Finance. The acquisition of Bombardier’s Inventory Finance business further enhances our ability to provide more business solutions to more customers across the supply chain finance spectrum.
