Updated:
Original:

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.

Related

CSP Joins ‘Thirty by Thirty’ Coalition

The Center for Sportfishing Policy and 54 coalition members submitted recommendations for the Biden Administration’s America the Beautiful initiative.

Entries Open for Neptune Awards

The Marine Marketers of America is accepting submissions for its annual contest in 23 categories through Dec. 6.

CSP Joins ‘Thirty by Thirty’ Coalition

The Center for Sportfishing Policy and 54 coalition members submitted recommendations for the Biden Administration’s America the Beautiful initiative.

Take Action Now

We must take action to push Congress to reauthorize the Sport Fish Restoration and Boating Trust Fund. Here’s how you can help.

Southern Marinas Acquires Missouri Facility

Millstone Resort and Marina on Lake of the Ozarks is the fifth addition this year to the company’s portfolio.

Forbes Names Brunswick a World’s Best Employer

Brunswick ranked in the top 15 percent overall and in the top 10 for companies in the engineering and manufacturing category.

Fountaine Pajot Names Dealer

Atlantic Cruising Yachts Texas is the French builder’s exclusive representative for the Gulf Coast.

KingFisher Boats, Barnacle Form Partnership

The boatbuilder will offer Barnacle’s BRNKL remote monitoring system on several model year 2022 boats.