DETROIT — Ally Financial announced Tuesday that it is offering a national program for wholesale financing for RV dealer inventory, enhancing its preferred provider relationship with Thor Industries.

Thor has about 1,200 dealers selling such brands as Airstream, Breckenridge, CrossRoads, Dutchmen, Heartland, Komfort, Keystone RV and Thor Motor Coach.

"We benchmarked current options and needs in the industry and will offer a very competitive wholesale financing product for RV dealers," explained Tim Russi, Ally Financial's executive vice president for North American operations.

"Our program is tailored to the recreation vehicle business with attractive terms and flexible credit lines that will accommodate the seasonal fluctuations in RV inventory. We view our retail and wholesale financing, along with remarketing tools, as a full-service offering for dealers," he added.

Meanwhile, Ron Fenech, Thor RV Group president, said, "Dealer wholesale financing is a critical part of the RV business. We are thrilled to have a strong national lender like Ally stepping in to provide Thor dealers with competitive financing for their inventory."

According to the companies, qualified dealers can gain wholesale financing from Ally for all or a portion of their inventory. Ally has a dedicated sales team devoted to the RV business.

In fact, Ally representatives will be on hand next week at the annual Recreation Vehicle Industry Association trade show in Louisville, Ky., to introduce the wholesale financing program.

Ally became the preferred retail finance provider for Thor Industries RVs in April 2010. The company currently offers retail financing in about 40 states, with plans to expand nationwide by the end of the year.