E-Z-GO 2007 Annual Report Download - page 17

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AND MARKET EXPERTISE
15
Although loans unrelated to other Textron operations account
for the overwhelming majority of receivables, Textron Financial
has been forging closer ties across the enterprise. From golf
course operators buying Jacobsen turf equipment or adding to
their fl eet of E-Z-GO golf cars, to purchasers of Cessna and Bell
aircraft, Textron Financial has helped many businesses close
important deals with timely and often crucial fi nancing.
In 2007, Textron Financial and its sister companies continued
to deepen collaboration, partnering on business proposals, ex-
hibiting at trade shows together and jointly fi nding new ways
to improve customer service. This new level of cooperation is
one reason why the company’s fi nancing of Cessna products
continued to increase in 2007.
Textron Financial Corporation’s portfolio of managed receiv-
ables grew to $11 billion in 2007 as the business expanded
existing customer relationships on several fronts.
With many companies turning their focus to global opportuni-
ties, Textron Financial has been broadening its presence
outside the United States to support this trend. For example,
the international portion of the company’s aviation fi nance
portfolio has grown to nearly 40 percent. Its distribution
fi nance business has been steadily increasing its profi le in
Canada and has established operations in Europe. Among its
broad range of niche markets, the company has also increased
fi nancing of the resort business in Mexico.
Whether they are helping fund the purchase of new aircraft, supporting the growth of resort operators or meeting fi nancing needs
in other niche markets, Textron Financial Corporation’s 1,200 employees share a common goal: providing customers with the best
possible service. That focus has served Textron Financial well for more than 45 years. As part of Textron, the company has a fi rm
grasp on the capital challenges of a broad range of industries.