Brunswick, GE extend partnership

Posted on

Brunswick Corp. and GE Capital Solutions have extended their joint venture, Brunswick Acceptance Company, for five years.

The joint venture was formed in 2002, and began operations in 2003 with the goal of providing a stable, long-term source of wholesale floorplan financing for Brunswick boat dealers.

“BAC’s goal remains the same,” said Scott Danahey, BAC general manager, in a statement. “We are committed to providing market-leading products and service to Brunswick marine dealers.”

BAC has operations in Knoxville, Tenn., and Fond du Lac, Wis., and has become the largest floorplan finance provider for Brunswick boat brands and Mercury Marine engines in the United States, and one of the largest providers of wholesale financing programs and service to the marine industry.

“We have been extremely pleased with the results and performance of this joint venture,” said William Metzger, Brunswick vice president and treasurer, in a statement. “The venture has been a successful partnership between two industry leaders. BAC brings together the resources of the world’s largest marine company with GE Capital Solutions, a leading provider of distribution finance services.”

Welcome to TradeOnlyToday’s premium content! To continue reading, please register now, for access to 10 free stories per month. Or subscribe, for unlimited access to all TradeOnlyToday content!

Click here to Register ... it's free!

Basic subscription: Registered members get free access to 10 premium content stories each month!

Not a member yet? Click here to Register!

Already a member? Click here to Login!

Subscribe ... for unlimited access!

Individual subscription: $29 for unlimited site access for one year.

Small Business subscription: $140 for unlimited site access for up to 10 members of a company for one year.

Corporate subscription: $300 for unlimited site access for all members of a company for one year.

You may close this dialog after seconds.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Comments are moderated and generally will be posted if they are on-topic and not abusive. For more information, please see our Comments Policy.

Vote Today

Is the decision to move the Miami show to the Miami Marine Stadium a good one?

View Results

Loading ... Loading ...

Search Boats for Sale

Length
Year
Price

Login to Trade Only Today

Lost Password