Energica has signed a new factoring agreement with Westlake Financial Services to help finance their U.S. dealer network.

The company is now planning a major expansion in the U.S. market to expand dealer locations in time for the start of the spring riding season.
The agreement with Westlake Financial Services will give U.S. Energica dealers the opportunity to purchase more motorcycles thanks to an innovative financing method, therefore allowing them to display and demo product in dealer showrooms for longer periods and in larger volume, optimizing their working capital management.

“Thanks to enormous consumer demand for the new Energica MY2020, U.S. retail sales are likely to almost double in 2020 versus the previous year.” Pointed out Stefano Benatti, CEO of Energica Motor Company Inc., the Energica subsidiary in the United States.