Baltimore-based Shore Premier Finance, a direct marine lending division of Shore Bank, announced a new strategic partnership with TUI Marine.
TUI Marine, based in Clearwater Fla., is part of the international leisure travel group TUI Travel PLC. TUI Marine operates more than 1,200 yachts in 25 destinations worldwide under the Sunsail and The Moorings brands, plus 1,000 canal boats in Europe under the LeBoat brand.
"Shore Premier Finance is now a strategic partner for TUI Marine, for retail and corporate finance, on a nationwide basis," TUI Marine CEO Simon Cross said in a statement.
"We are excited about this opportunity to build a strong, sustainable relationship with such a prestigious name in the marine industry. This partnership will allow us to explore new opportunities," Shore Premier Finance president and CEO Herve Bonnet said.