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RideNow secures $35M in floorplan loan

The retailer’s credit capacity now totals $400M

Auto Finance News, AI-assisted

RideNow Group Inc. secured an additional $35 million in floorplan financing capacity, expanding the company’s liquidity as it continues efforts to strengthen operations and support inventory needs. The $35 million in floorplan funding through Wells Fargo increased the powersports retailer’s floorplan capacity to $135 million and its total credit capacity to $400 million, according to […]

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