Lender signs deal with YachtCloser

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Shore Premier Finance, a direct marine lending division of Shore Bank, said it formed a partnership with YachtCloser.

"It's in SPF's DNA to think outside of the box. Improving the broker-client experience is one of our top priorities. This new partnership with YachtCloser simply enhances what we have already started with VesselVanguard by offering installation and two-year subscription to our customers purchasing a pre-owned boat," Shore Premier Finance president Herve Bonnet said in a statement. "Now that we have also partnered with YachtCloser, it is even more efficient for our partners to work with us."

YachtCloser, a Web-based contract management system, will use its new integration tool, FinanceCloser, to streamline the finance application process for boat buyers. With this new partnership, brokers can instantly refer their customers to SPF, eliminate duplicate data entry and avoid printing and faxing with secure electronic signatures.

"We are very excited about this new partnership with Shore Premier Finance and the opportunity to simplify the financing application process for boat buyers with our integrated technologies. Herve and I have known each other for some time now, and with our shared values and belief in the product and utilizing the latest technologies to better the industry, this partnership is the perfect fit," YachtCloser president Brad Parker said.