Tom Taylor, vice president of sales and marketing for Bush Hog, announced in a July 9 letter to dealers that Bush Hog and Wells Fargo have entered into a program agreement to provide retail financing.
Taylor says dealers are already working with Wells Fargo, but the new program will allow dealers to easily quote a "competitive monthly payment" for your established customers and prospects, the letter says.
The program can provide dealers with 0% financing on Bush Hog Flexwing rotary cutters, and below-market rates for other products in the Bush HOg line. Taylor told dealers in the letter that, "leading with 0% will give your salespeople another closing tool and give your Flexwing prospects a reason to buy today."
The 0%-for-12 months provision for Flexwings will run through September 30th, 2010, Taylor says.
Taylor adds in the letter that, "this is a simple process designed to keep you selling. There is no recourse or risk back to dealers."
According to Taylor, Wells Fargo & Co. extended its role "as a leader in our market" by lending approximately $9.4 billion in agricultural loans last year.
"This is a very aggressive program to finish the year strong" and Bush Hog is asking dealers for their support of the program.