Businesses Invested in the Motorcycle Industry

Modern trends favor environmentally friendly products; people are searching for new ways to conserve energy every day. Hybrid and hydrogen-powered vehicles have received an incredible amount of attention lately, but still have major fuel-economy competition, complements of the motorcycle
 industry. Various businesses have realized the financial opportunities at hand and made their investments.

One such company is General Electric (GE), whose Capital Solutions, Franchise Finance branch provided a 3.4 million dollar loan toward a Harley Davidson dealership in St. Augustine, Florida. One man who acquired the loan was Clark Vitulli, founder and onetime CEO of America's PowerSports (APS). The other was Allen Good, a colleague of Vitulli's, and an APS man himself. General Electric had worked with Vitulli before, and was more than willing to do business with him once again.

Vitulli is one of thousands of satisfied General Electric Capital Solutions, Franchise Finance customers. This company has been in business for over three decades, after all! They finance equipment purchases, acquisitions, construction, remodels, and real estate purchases. Its amount of assets served so far surpasses 14 billion dollars. No wonder General Electric Capital Solutions, Franchise Finance is a leading lender!

Another flourishing company called Trade Direct, with over 20 years of motorcycle industry experience, owes its success to loans from Yorkshire Forward and South Yorkshire Investment Fund (SYIF). Trade direct is a family-run manufacturer of Stealth Brake Discs and supplier of other parts like batteries, filters, and chain and sprocket kits. Yorkshire Forward and South Yorkshire Investment Fund weren't going to pass up that opportunity!

 
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Posted on 11/01/2008 at 2:11:07 PM

Great stuff. My dad parks his pick up and uses his motorcycle in the summer!

Posted on 09/25/2008 at 9:09:57 AM

:)

Posted on 09/21/2008 at 9:09:01 PM

Great article! I have been riding m y bicycle more lately....especially with the gas shortages we are having in our area.

Posted on 09/21/2008 at 5:09:53 PM

The way it looks, many more of us will be learning to ride motorcycles and bicycles again!

Posted on 09/20/2008 at 8:09:22 AM

I learned something new from you. Thank you!

Posted on 09/19/2008 at 8:09:42 PM

Great article!

Posted on 09/19/2008 at 6:09:51 PM

Thanks for the information!

Posted on 09/19/2008 at 5:09:47 PM

Very smart, indeed. Wonder if we'll ever see tons of scooters and mopeds, like in many other countries?

Posted on 09/19/2008 at 4:09:16 PM

:)

Posted on 09/19/2008 at 3:09:42 PM

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