John Deere Financial New Name For Division

Published online: Oct 21, 2010 staff report
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Deere & Company is introducing a new name - John Deere Financial - for its business unit that offers credit and other financial services. The change is being made to better represent the full breadth of products and services offered by the business. It had previously been known as John Deere Credit. John Deere Financial will continue to serve equipment customers worldwide by offering retail, wholesale and lease financing to facilitate the sale of John Deere equipment in agriculture, construction, forestry, and turf care. The company also will continue to provide revolving credit and crop insurance for customers while assessing other products that could help customers whose work is linked to the land. Since entering the crop insurance market in 2005, John Deere has leveraged its expertise in agriculture to help customers obtain insurance protection against yield and price loss of their crops. The transition to the new name will take place over the next few months at various locations with signage at the division's headquarters in Johnston being the first to change. For more information, visit John Deere at its worldwide website at www.JohnDeere.com.