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GE Capital extends financing agreement with ABA

GE Capital’s Commercial Distribution Finance business extended its financing relationship with the American Boatbuilders Association.

GE Capital has been a lender to ABA members since the organization’s inception in 1992.

“GE Capital has been far more than a lender to our members,” ABA president Jay Patton said in a statement. “Over the years, this relationship has also brought tremendous value through their Access GE program, which shares insights that help our members run their businesses.”

The ABA board of directors extended the agreement designating GE Capital a preferred inventory financing provider to its members through model year 2016. Those members, and their brands, are:

• Chaparral Boats

• Cobalt Boats

• Grady-White Boats

• Nautic Global Group (Rinker, Hurricane, Sanpan, Sweetwater, Aqua Patio, Polar Kraft, Parti Kraft)

• Nautique Boat Co.

• Porter Inc. (Formula, Thunderbird)

• Regal Marine

• Robalo Boats

• Seabring Marine Industries (Monterey)

• S2 Yachts (Tiara, Pursuit)

• Stingray Boat Co.

“We highly value our relationship with the ABA, and we’re thrilled to continue to be a preferred lender,” CDF Marine Group president Bruce Van Wagoner said in a statement. “We’ll continue to share knowledge and industry data through our dedicated team of experts, as well as programs like Access GE, to help with their continued success.”

Click here for the full release.

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