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Mojo Joins With GE Finance

Mojo Motorcycles & GE Capital announced that from 1st July 2011, GE Capital will be the exclusive floor plan provider to the Mojo Motorcycles national dealer network. Furthermore, approved dealers with existing GE facilities can participate immediately.

The Mojo Motorcycles stable of specialised brands includes TGB, CF Moto & Daelim. This move demonstrates GE Capital’s consistent dedication to the motorcycle industry and cements Mojo Motorcycles position as a serious independent force within the industry.

A Mojo Motorcycles company spokesman was thrilled about the relationship.

“Consumers will be the real winners, as the dealer network will have the capacity to carry a broader range of new models, colours and demonstrator units on their showroom floors”.

This relationship will foster the consistent growth Mojo Motorcycles has experienced over recent years.

“According to official FCAI data, during 2011 TGB & CF Moto achieved industry leading sales growth, and the partnership with GE Capital will facilitate this trend in 2011 and beyond”.

GE Capital has filled the void of the major banks in providing floor plan finance in the Australian motorcycle industry.

“GE Capital introduced floor plan finance into the motorcycle sector in 1972, their wealth of knowledge, combined with high level of professionalism and back- end support will be of great benefit to dealers.”

About Mojo Motorcycles

Mojo Motorcycles is an Australian owned company, the exclusive distributor for TGB, CF Moto & Daelim brands. Their strong product portfolio is both innovative and value driven and targets key segments within the industry: scooters, commuter & leaner approved motorcycles and ATV’S/UTVS.
With consistently strong sales growth, they have become a leading independent motorcycle distributor.
 
For further information on the range, please visit:

www.tgbscooters.com.au
www.cf-moto.com.au
www.daelim.com.au
 
About GE Capital

GE Capital is part of the global GE Capital business, which operates in 55 countries around the world. Employing over 4,600 people and being the fifth largest lender in Australia and New Zealand by assets under management.

GE Capital is the largest inventory financier, funding more corporate aircraft, marine leisure craft dealers, caravan dealers, motorcycle dealers, and agriculture equipment dealers than any other company in Australia

Over the last 7 years, GE Capital have invested and lent to customers more than $170 Billion. These include GE Money’s personal loans, credit cards, personal insurance and interest-free promotional and retail offers, while GE Capital’s commercial finance divisions offer distribution finance, fleet management and leasing, supply chain finance, insurance and real estate finance. Furthermore, GE Capital has a dedicated team specialising in motorcycle distribution and floor plan finance.

For more information on GE Capital, please visit:

http://www.gecapital.com.au

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