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Textron Financial
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Textron Financial Corporation (TFC) was the captive finance division of the global multi-industry company, Textron Inc. Established to support the sale of Textron products, TFC offered a range of financing solutions, including loans and leases for assets such as Cessna aircraft, Bell helicopters, E-Z-GO golf carts, and other industrial equipment. Following the 2008 financial crisis, the parent company began to wind down TFC's operations. This culminated in the sale of the majority of its remaining finance receivables portfolio to GE Capital in 2013, effectively ending TFC's role as a major commercial finance provider.
United States
Industry
Financial