Strategic partnership offers a dedicated, one-stop shop for financing equipment
Hagerstown, MD (December 4, 2019) – Jerr-Dan Corporation, an Oshkosh Corporation company (NYSE:OSK) and a single brand leader in the towing and recovery business, is now partnering with Ascentium Capital, a leading provider of equipment and technology financing solutions. The exclusive retail lending program is designed to give distributors and end-users a simple and seamless funding experience for towing and recovery equipment.
The dedicated Jerr-Dan Financial Solutions (JDFS) team, much like Jerr-Dan, comes with years of experience in the towing and recovery industry and a deep understanding of the challenges companies can face throughout the lending process. The program offers a simple online application process, and qualified buyers may be eligible for up to 100 percent financing, flexible lending options and competitive interest rates with terms from 24 to 82 months.
“Ascentium has extensive experience in the towing and recovery industry and has the hands-on expertise necessary to facilitate lending options in conjunction with a customer’s authorized Jerr-Dan dealer,” said Heath Fassnacht, director of sales at Jerr-Dan. “JDFS works with customers every step of the way to make sure they are purchasing the right equipment with a lending program that is most conducive to the success of their business.”
“The last time I bought a truck for the operation, I needed it the same day,” said Tod Coumbe, owner of White Glove Towing. “I went to my Jerr-Dan distributor, picked out the truck and we worked with the JDFS team to put it together and I drove away with it. I’m definitely going to work with the JDFS team the next time I need a new truck.”
Through the JDFS program, Jerr-Dan customers can also receive assistance with disposal of used assets as well as free consultation with industry experts to plan vehicle financing needs. Distributors and end-users can work directly with JDFS before going to the dealers to get pre-approved.
To learn more about Jerr-Dan Financial Solutions, visit jerrdan.com/financing.
About Jerr-Dan Corporation
Jerr-Dan Corporation, an Oshkosh Corporation [NYSE: OSK] company, is a leading manufacturer of towing and recovery equipment. Its full line includes light-duty, medium- duty and heavy-duty carriers and wreckers, industrial transporters and four-car carriers. The company is headquartered in Hagerstown, MD., and its products are backed by industry leading warranties and a strong service network dedicated to the towing professional. To learn more about Jerr-Dan, visit www.jerrdan.com.
About Oshkosh Corporation
Founded in 1917, Oshkosh Corporation is 100 years strong and continues to make a difference in people’s lives. Oshkosh brings together a unique set of integrated capabilities and diverse end markets that, when combined with the Company’s MOVE strategy and positive long-term outlook, illustrate why Oshkosh is a different integrated global industrial. The Company is a leader in designing, manufacturing and servicing a broad range of access equipment, commercial, fire & emergency, military and specialty vehicles and vehicle bodies under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Jerr-Dan®, Frontline™, CON-E-CO®, London® and IMT®.
Today, Oshkosh Corporation is a Fortune 500 Company with manufacturing operations on four continents. Its products are recognized around the world for quality, durability and innovation, and can be found in more than 150 countries around the globe. As a different integrated global industrial, Oshkosh is committed to making a difference for team members, customers, shareholders, communities and the environment. For more information, please visit www.oshkoshcorporation.com.
®, TM All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.
This press release contains statements that the Company believes to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding the Company’s future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations, are forward-looking statements. When used in this press release, words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “project” or “plan” or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond the Company’s control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements.