Camping World to Expand RV Inventory Floor Plan Facility

LINCOLNSHIRE, Ill. – Camping World Holdings Inc. (NYSE: CWH), the world’s largest recreational vehicle dealer, today announced that it has entered into a first amendment to its existing floor plan credit agreement dated Sept. 30, 2021.

Marcus Lemonis

The RV Inventory Floor Plan Facility Amendment provides additional financial and operational flexibility for the company’s growth strategy by increasing the committed borrowing capacity by $150 million, to an aggregate amount of $1.85 billion, and resetting the accordion feature to allow the company the option to increase the principal amount available in $50 million increments up to a maximum amount of $300 million.

Camping World Chairman and CEO Marcus Lemonis commented, “The RV Inventory Floor Plan Facility Amendment demonstrates our lenders’ confidence in Camping World and our strategic direction as we work toward our goal of increasing our store count by 50% over the next five years. This Amendment provides incremental inventory borrowing capacity to support the future growth of our manufacturer-exclusive concept, dedicated to the industry’s leading OEM brands, including Keystone, Jayco, Forest River, Grand Design, Winnebago, Coachmen and Alliance, among others.”