ITDG forms equipment leasing company

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The Independent Tire Dealers Group LLC (ITDG) has formed a new company, ITDG Financial LLC, that will lease shop equipment to members of the group.

"We just completed another record year in 2007," says ITDG CEO and President Michael Cox.

"Contributing to our success over the past five years has been our progressive approach in adding valuable tools to our program that enables independent tire dealers to operate their businesses profitably. We are pleased to announce the formation of another company designed to do just that."

Through ITDG Financial, members will have the opportunity to lease their equipment needs "at the most competitive rates in the industry through a streamlined process without the up-front, additional costs," Cox explains.

“We are currently working with our equipment vendors to put together the offerings to our membership. We anticipate a sizable increase in purchases through the group with this added benefit.”

ITDG has 108 members representing more than 300 tire and service center locations.

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