Battle Motors Inc., formerly Crane Carrier Company, a more than 70-year-old manufacturer of class 6-8 heavy duty work trucks, and Engs Commercial Finance Co., based in Itasca, Illinois, have established a customer finance platform through: partnered to launch Engs Commercial Finance Co., Mitsubishi HC Capital America Inc., affiliates, and Battle Motors Capital, a leader in providing commercial finance solutions to equipment manufacturers and dealers.
Battle Motors Capital has acquired New Philadelphia, Ohio-based Battle Motors heavy duty diesel, compressed natural gas (CNG) and electric vehicle (EV) work trucks into the garbage, construction, utilities and general cargo segments. was established to support the sale of Through its dealer network, Battle Motors Capital offers competitive fair market value leases for loans, terminal rent adjustment clause leases, balloon terms of up to 84 months, and low monthly payments for all products. Offered at a price.
Battle Motors Chief Revenue Officer Stan Mikalonis said: In particular, we are confident that sales of our electric vehicles will increase. ”
In addition to financing its customers, Battle Motors Capital provides floorplan financing to dealers through Mitsubishi HC Capital America of Norwalk, Connecticut, and provides insurance to customers through Ends Insurance Agents in the United States and Canada. I’m here.
Christopher M. Schatz, managing director of Battle Motors Capital, commented:
Engs is Battle Motors’ primary funding partner in support of Battle Motors Capital. Battle Motors Capital leverages Engs’ innovative financial technology tools to grow Battle Motors’ market share and enhance the financial experience for dealers and customers.
Jim Freund, executive vice president and chief marketing officer at Engs, said: “Our tools are designed to help manufacturers and dealers build their businesses and we look forward to working with Battle Motors to become the best lender in the industry.
In September, Battle Motors celebrated the opening of an upgraded facility. This should help increase production of EVs and other vehicles.