Sea Fox Signs Financing Agreement
Sea Fox Boat Co. named Northpoint Commercial Finance the exclusive financier for its North American dealer network.
Under the agreement, Northpoint will provide inventory lending and floorplan financing, the companies announced.
“This partnership is an incredible opportunity to ensure success with our dealers and focus on aligning strategies to increase market share and profitability,” said Freddy Renken, Sea Fox president and CEO.
“Sea Fox’s exceptional quality continues to attract a new segment of consumers and consistently increases a dealer’s potential customer base,” added Russell Baqir, senior vice president of business development at Northpoint. “With the dramatic consumer demand the industry has experienced, we think it’s a perfect time to create an exclusive partnership with Sea Fox.”