Recreatives Industries Launches Innovative Dealer Financing Program
Recreatives Industries Unveils New Dealer Financing Initiative
Recreatives Industries, Inc. (OTC: RECX), renowned for its MAX 6x6 Amphibious All-Terrain Vehicles, has celebrated a significant milestone by signing its first authorized dealer under a newly introduced floorplan financing program. This first partnership with Vilonia Treasure Chest marks a pivotal step in increasing the reach of MAX vehicles across the marketplace.
Affordable Financing Options for Dealers
The floorplan program, launched recently, presents an enticing opportunity for dealers aiming to expand their inventory. This innovative financing model enables qualified dealers to acquire MAX vehicles with no initial down payment and 0% interest for the first six months. Such terms are exceptionally advantageous, especially for powersports and outdoor equipment dealers looking to broaden their offerings without a hefty financial burden.
Significant Early Adoption
As the first dealer under this program, Vilonia Treasure Chest has shown confidence in the MAX brand with an order of three units. CEO of Recreatives Industries, Andrew Lapp, expressed enthusiasm regarding the partnership, stating, "This agreement depicts the onset of an exciting growth phase for MAX ATVs. By lowering the financial hurdles, we aim to help more dealers embrace our products, which can significantly improve consumer access to top-quality amphibious vehicles."
Building a Robust Dealer Network
Currently, Recreatives Industries maintains a network of seven active dealers in various states, including Arkansas, Florida, Hawaii, Illinois, Indiana, North Carolina, and Pennsylvania. However, the introduction of the floorplan program signals a strategic initiative to expand this network significantly. As the company looks toward future quarters, the focus will remain on enhancing dealer relationships and responding to consumer demand more effectively.
Future Plans and Product Innovations
As the company aims to broaden its dealer network, it also has plans to diversify its product portfolio. Beyond traditional MAX ATV models, Recreatives Industries is keen to explore the introduction of larger eight-wheeled vehicles and the integration of electric vehicle drivetrains. This diversification is a response to the latest advances in battery and motor technology, promising sustainable innovations that could revolutionize the all-terrain vehicle segment.
Engagement and Updates
To ensure that both dealers and end consumers remain informed about the latest developments and offerings, Recreatives Industries encourages interested individuals to follow them on various social media platforms. Updates can be found on their Facebook and X (formerly Twitter) channels, and individuals can sign up for the MAX mailing list for exclusive news.
Contact Information
General inquiries about MAX ATVs or the dealer program can be directed to Recreatives Industries, Inc. Interested parties can visit their official website or reach out directly via phone at 1-800-255-2511 for more information.
Frequently Asked Questions
What is the new floorplan program launched by Recreatives Industries?
The floorplan program allows dealers to purchase MAX vehicles with $0 down and 0% interest for the first six months, enhancing financial accessibility.
Who is the first dealer to join the floorplan program?
Vilonia Treasure Chest is the first authorized dealer under Recreatives Industries' new floorplan program, agreeing to an initial purchase of three MAX vehicles.
How many active dealers does Recreatives currently have?
Currently, Recreatives Industries has seven active dealers across multiple states in the U.S., with plans to expand this network further.
What are the future plans of Recreatives Industries regarding products?
Recreatives plans to diversify its product line by introducing new vehicle models, including larger 8x8 vehicles and electric drivetrains.
How can I stay updated on Recreatives Industries' news?
To stay informed, you can follow Recreatives on their social media channels like Facebook and X, or subscribe to the MAX mailing list for the latest updates.
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