SOURCE: CNH

September 17, 2008 09:00 ET

Established Irrigation and Landscape Supplier Joins Forces With CNH Capital

RACINE, WI--(Marketwire - September 17, 2008) - Aquarius Supply, Inc., a major supplier of landscape and irrigation equipment based in Hawthorne, N.J., has joined forces with CNH Capital, the financial services business of agricultural and construction equipment maker CNH Global N.V., to offer Aquarius Supply contractors the CNH Capital Commercial Revolving Account.

Aquarius Supply has been in business for nearly 40 years, and serves 5,000 contractors with 13 fully stocked warehouse branches in Delaware, Maryland, New Jersey, Pennsylvania and Virginia.

The CNH Capital Commercial Revolving Account offers:

--  Flexible repayment terms with an easy-to-use credit line and a minimum
    25-day grace period.
--  Eligibility for special promotions such as 90 days no payments / no
    interest.
--  Easier monthly account administration with a detailed monthly
    statement and online tracking of Aquarius Supply purchases and account
    status.
--  Enhanced customer support from CNH Capital.
    

"Aquarius Supply is always looking for ways to assist our customers with their business needs," says Mark Harabedian, the Chief Financial Officer for Aquarius. "With the new card, we will be offering payment specials that will help our contractors purchase supplies during the slower times of the year, with options like 90 days no payments, no interest. Customers respond well to flexible payment terms and special promotions, and we are glad Aquarius Supply can help."

Trysha Stiffler, who oversees CNH Capital's Partner Programs, says she is pleased to be working with Aquarius Supply. "We look forward to providing Aquarius Supply with a range of financing solutions that will support the company's goal -- that is, to help its customers manage their business and succeed in the green industry. This is an exciting growth industry, and we are proud to be part of that growth."

About Aquarius Supply Inc.

Aquarius Supply has been in business for nearly 40 years, and serves professional irrigation and landscape contractors with 13 fully stocked warehouse branches in Delaware, Maryland, New Jersey, Pennsylvania and Virginia. Aquarius Supply provides contractors with all the necessary products and services for irrigation, pond, drainage and landscape lighting projects. More information about Aquarius Supply Inc. can be found be found at: http://www.aquariussupply.com.

About CNH Capital

CNH Capital, the financial services business of CNH Global N.V. (NYSE: CNH), a majority-owned subsidiary of Fiat Group (FIA: MI), provides a comprehensive range of services, including wholesale and retail financing, leasing, insurance, asset management, and revolving lines of credit, for the global marketplace. Building on more than 50 years' experience in the equipment finance industry, CNH Capital services a portfolio of more than $20 billion, helping customers through various wholly owned subsidiaries and joint ventures throughout North America, Latin America, Europe and Australia. More information about CNH Capital can be found at: www.cnhcapital.com.

Contact Information

  • For more information, contact:
    Ben Sterling
    CNH Capital
    Email Contact
    (262) 636-6949