Type: Subsidiary
On the web: http://www.textronfinancial.com

Textron Financial isn't something you put in your tank; it's something you take to the bank. The commercial financing company provides customer financing programs for golf carts and aircrafts manufactured by its parent, Textron. It mainly offers loans, finance leases, and operating leases for the purchase of new Cessna airplanes, Bell helicopters, and E-Z-GO and Jacobsen golf equipment. Due to poor market conditions in 2008 the company stopped offering asset-based lending, distribution finance, golf course mortgages, resort financing, and structured capital. However, Textron Financial still manages a portfolio of receivables from that business.

Officers:
President and CEO: Warren R. Lyons
EVP and CFO: Thomas J. Cullen
SVP Corporate Communication: Karen P. Papa

Competitors:
CIT Group
Citigroup
GE Capital

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