Navistar Financial Corporation, a wholly owned finance subsidiary of Warrenville, Ill.-based International Truck and Engine Corporation, announced today that it is moving its nearly 220 employees from Rolling Meadows, Ill., to a new headquarters location in Schaumburg, Ill.
The company also reiterated that its official company name is Navistar Financial Corporation, moving away from the reference to "International Finance Group" or "IFG" - an informal name sometimes used to refer to the company internally.
Both decisions better support Navistar Financial's culture and growth objectives. The company's move to a new, more modern headquarters will drive better focus on the talent and creativity of its people, while the use of the Navistar name simplifies its brand.
"Reinvigorating our people with a fresh, more modern facility will help them focus even more on the service we deliver to our customers," said Pam Turbeville, chief executive officer of Navistar Financial. "Showcasing our Navistar Financial logo on our new building will serve as a visible reminder of the best-in-class customer service we provide."
More consistent use of the Navistar Financial name will also help the company to expand beyond its current International truck dealership market into areas like financing for the trailer industry.
"We are committed to supporting International dealers and recognize that 80-to-85 percent of our business will continue to come through this channel," said Tom Guse, vice president of marketing for Navistar Financial. "With a clean slate for our working environment and brand, our team can continue to progress toward achieving its objectives to better support our dealers and customers. Our unwavering commitment to make doing business with us easier than ever will never change."
With more than 50 years of solid performance in the transportation equipment financing business, Navistar Financial makes it easier to buy and own International trucks and trailers with dependable, cost effective finance programs and service to International dealers and commercial truck customers.
The company operates three regional finance offices in metropolitan Atlanta, Chicago and Dallas, along with an affiliate based in Mexico City. Current customers will not see a change in their existing contracts or service.