Amendment dated May 31, 2018 to the Amended and Restated Wholesale Floor Plan Credit Facility and Security Agreement dated November 13, 2007 by and between the registrant and CNH Industrial Capital America LLC

EX-10.8.7 2 a10qfy19q1ex1087.htm EXHIBIT 10.8.7 Exhibit


May 30, 2018

Titan Machinery, Inc.
644 E Beaton Dr.
West Fargo, ND 58078

Attn: Mark Kalvoda
Chief Financial Officer
via electronic mail

Re: Wholesale Floor Plan Credit Facility

Dear Mr. Kalvoda,

Titan Machinery, Inc. (“Titan”) and CNH Industrial Capital America LLC (“CNHI”) are parties to that Amended and Restated Wholesale Floor Plan Credit Facility and Security Agreement dated November 13, 2007, as amended from time to time, most recently amended in a letter dated March 30, 2018 (the “Agreement”). This letter will confirm that, effective May 31, 2018, the current total wholesale floor plan credit limit for Titan is $320,000,000.00.

Best Regards,

CNH Industrial Capital America LLC


/s/ Mike VanVlaenderen
Mike VanVlaenderen, Strategic Accounts Manager


Titan agrees to the above described amendment to the Amended and Restated Wholesale Floor Plan Credit Facility and Security Agreement dated November 13, 2007, as amended.

Titan Machinery, Inc.


/s/ Mark Kalvoda
Mark Kalvoda, Chief Financial Officer

CNH Industrial Capital America LLC
5729 Washington Ave
Racine WI 53406