SCHAUMBURG, IL – April 4, 2013 – (Motor Sports Newswire) – TCF Inventory Finance, Inc. (“TCFIF”), a subsidiary of TCF National Bank and an indirect subsidiary of TCF Financial Corporation (“TCF”) (NYSE: TCB), is celebrating its fifth anniversary this week.
“It’s hard to believe that it has been five years since we first opened our doors,” said Ross Perrelli, President and Chief Executive Officer of TCFIF. “We started this business with the desire to be the inventory finance company that our customers could count on every day, and I think we have proven to be exactly that. I am so grateful to each and every TCFIF employee and customer for helping us get where we are today.”
Since 2008, TCFIF has increasingly gained market share in the consumer electronics and appliance, lawn and garden, powersports, specialty product, recreation vehicle, and marine industries. In recent months, TCFIF has renewed agreements with several major customers, and continues to steadily add to its ever-growing customer base.
“We continue to grow our business every day,” stated Peter Kelley, President of TCF Commercial Finance Canada. “Our commitment to our customers remains unwavering, and we look forward to many more years of meeting their needs and exceeding their expectations.”
TCFIF goes beyond inventory finance, providing its customers equipment financing and commercial banking products and services through TCF affiliated companies. Additionally, in 2012, TCFIF launched The Customer First Alliance, a network of third-party service providers not affiliated with TCFIF that offers a suite of cost-effective, tailored business and personal advisory services in Accounting, Insurance, Legal and Wealth Management to TCFIF customers.
For manufacturer and dealer inquiries in the US, please call (877) 872-8234 or visit us at www.tcfif.com.
For manufacturer and dealer inquiries in Canada, please call (877) 800-4430 or visit us at www.tcfif.com/canada.
About TCF Inventory Finance, Inc.
TCFIF is a premier inventory finance company offering a full range of inventory financing solutions to manufacturers, distributors and their dealers throughout the United States and Canada in the lawn and garden industry, the powersports industry, the recreation vehicle industry, the marine products industry, the consumer electronics and appliances industry and the specialty products industry. For more information about TCFIF, please visit www.tcfif.com.
About TCF Financial Corporation
TCFIF is an indirect subsidiary of TCF, a Wayzata, Minnesota-based national bank holding company with $18.2 billion in total assets at December 31, 2012. The company has nearly 430 branches in Minnesota, Illinois, Michigan, Colorado, Wisconsin, Indiana, Arizona and South Dakota, providing retail and commercial banking services. TCF, through its subsidiaries, also conducts commercial leasing and equipment finance business in all 50 states, commercial inventory finance business in the U.S. and Canada, and indirect auto finance business in over 40 states. For more information about TCF, please visit tcfbank.com.