Battle Motors, Inc., formerly Crane Carrier Company (CCC), and ENGS Commercial Finance Co., (ENGS) partnered to launch a customer finance platform in Battle Motors Capital powered by ENGS Commercial Finance Co. and Mitsubishi HC Capital America, Inc., related companies, and leaders. The platform will provide commercial finance solutions to equipment manufacturers and dealers.
Battle Motors created Battle Motors Capital to support sales of heavy-duty diesel, compressed natural gas, and electric vehicle work trucks. Battle Motors Capital offers competitive pricing on loans, TRAC leases, and balloon terms up to 84 months (about 7 years). It also offers market leading Fair Market Value (FMV) leases for lower monthly payments for all its products.
Stan Mikalonis, chief revenue officer of Battle Motors, states, “Battle Motors Capital provides our customers with many options to finance or lease equipment. We are confident it will drive incremental sales particularly for our electric vehicles.”
Battle Motors Capital also offers floor plan financing to its dealers through Mitsubishi HC Capital America. It offers insurance to its customers through ENGS Insurance Agency throughout the US and Canada.
ENHANCING DEALER & CUSTOMER EXPERIENCE
“Battle Motors Capital has a unique opportunity to offer our dealers and customers a variety of competitive lease and finance products,” says Christopher M. Schatz, Battle Motors Capital managing director. He says the mission is to make Battle Motors’ EVs more affordable and available to a broader customer base.
ENGS is Battle Motors’ primary financing partner in supporting Battle Motors Capital. Battle Motors will leverage ENGS’ tools to grow Battle Motors’ market share and enhance its dealers’ and customers’ finance experience.
“Our tools are designed to help manufacturers and dealers build their businesses,” says Jim Freund, ENGS executive vice president and chief marketing officer. “We are excited to work with Battle Motors and make it a premier lender in this industry.”
Find out more, visit www.engsfinance.com and www.battlemotors.com.
