About Richard Kim

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So far Richard Kim has created 23 blog entries.

Wells Fargo CDF Reinforces Commitment to Independent Electronic and Appliance Dealers

Program extension marks 60 Year Relationship with top manufacturer.

 

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Optimism Continues within the RV Industry, Finds New Wells Fargo CDF Survey

According to business survey conducted, nearly half of respondents expect sales to grow in the next year.

 

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Wells Fargo Commercial Distribution Finance Introduces New Business Resource Program CDFconnect™

Business’ network of 40,000 dealers, and 2,000 dealers and manufacturers can now access resources that span beyond inventory financing.

 

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Wells Fargo Commercial Distribution Finance Launches Financing Program with National Powersports Auctions

Wells Fargo Commercial Distribution Finance (CDF) is launching a new financing program with National Powersports Auctions (NPA), giving independent powersports dealers a breadth of inventory financing options.

 

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Wells Fargo Commercial Distribution Finance Announces New Dealer Financing Program with Columbia ParCar Corp.

Wells Fargo Commercial Distribution Finance (CDF) announces it signed a dealer financing program with Columbia ParCar Corp., a premier electric vehicle manufacturer.

 

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Wells Fargo Commercial Distribution Finance Announces Three-Year Extension of Financing Agreement with LS Tractor USA

LS Tractor USA, a leading tractor equipment manufacturer, will continue to expand its dealer distribution network through the financing program in the U.S. and Canada.

 

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Wells Fargo Commercial Distribution Finance announces financing extension for Ducati North America

Wells Fargo CDF reports inventory financing program extension with Ducati North America to support dealership floorplan financing.

 

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Wells Fargo Names Canada leaders for equipment finance and Commercial Distribution Finance

Former GE Capital veterans to lead key businesses in Canada

 

Wells Fargo leaders for Equipment Finance and Commercial Distribution Finance Canada divisions have been named following the completed acquisition of GE Capital’s Direct, Vendor and CDF businesses.

 

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Understanding cashflow management

Cashflow management is a valuable tool for profitable growth and success. It highlights the amount and speed of funds flowing through a business. If managed properly cashflow can help improve return on investment.

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Mirror, mirror on the wall, who has the most
successful business of them all?
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Driving forward fast with nothing but a rear view mirror…
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How much should I “invest” in inventory?
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Controlling your inventory costs
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Use cashflow management for a more profitable business
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Did you know?
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The perils of becoming a “bank” to your customers
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Let’s review… what is your cash gap?
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How terms can help you turn a profit

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Make more from less

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Can you really afford to take advantage of early-pay cash discounts?

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Time for reflection

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Investing in inventory

An essential component to managing inventory is establishing inventory goals. It is also important to keep track of old inventory. Discover helpful tips and tricks on how to balance and monitor a business’ inventory.

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Importance of measuring inventory productivity

Inventory is a huge asset on a company’s balance sheet. That’s why it is so important to regularly measure inventory for turnover, age, number of days supply, and productivity. Using the Gross Margin Return on Investment (GMROII) formula can help businesses learn more about their inventory productivity.

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Maximizing inventory returns

Gross Margin Return on Inventory Investments (GMROII) and Modified GMROII help illustrate how repayment terms impact inventory productivity. These formulas deliver insights into a business’ overall performance and resources for proactive management.

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Margins and cashflow

Cashflow is the most important factor in maintaining a healthy and sustainable business. Inventory financing, also known as floorplan financing, is a viable solution to carrying receivables.

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The perils of lending

Cashflow is vital to a business’ success. While gross margins are also important, they should not come at the expense of positive cashflow. Avoiding several common situations can help maintain a healthy and sustainable business.

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Wells Fargo Commercial Distribution Finance announces financing extension with Briggs & Stratton Power Products Group, LLC

Briggs & Stratton extends its inventory financing program with Wells Fargo CDF to support wholesale floorplan financing of consumer and commercial riding equipment, portable generators, pressure washers, snow blowers, and lawn mowers.

 

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Wells Fargo Commercial Distribution Finance announces financing extension for Motorcycle Manufacturer, KTM

Wells Fargo Commercial Distribution Finance extended its inventory financing program through 2020 with motorcycle manufacturer, KTM.

 

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Wells Fargo completes acquisition of GE Capital’s North American Commercial Distribution Finance and Vendor Finance businesses

Wells Fargo & Company announced it completed the purchase of the North American portions of GE Capital’s Commercial Distribution Finance and Vendor Finance businesses.

 

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Commercial Distribution Finance announces financing extension for North American tractor manufacturer, Branson Tractor

Commercial Distribution Finance announced it extended its inventory financing program with Branson Tractor, a tractor distribution company, through 2019.

 

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Optimism builds for recreational vehicle industry in latest Commercial Distribution Finance survey

Commercial Distribution Finance reveals the results of its annual survey for dealers and other industry participants within the recreational vehicle industry.

 

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