Skip to main content
Updated:
Original:

Campion Marine reaches floorplan financing deal

Northstar Trade Finance Inc., a Canadian-based export lender, is expanding its offering of floorplan financing to Canadian-based Campion Marine.

"We recognize that the number one issue for marine industry dealers in the U.S.A., at this point in history, is the lack of floorplan financing, so we have been working hard to find a solution," general manager Brock Elliott said in a statement.

"We hope this move by Northstar will help improve the market and boost Campion's sales to the U.S.," he added.

Northstar floorplan financing is in addition to existing credit facilities dealers may have, and interest rates are competitive and available to the buyer in their own currency, the company added.

Click here for the full release.

Related

Suntex Adds Superyacht Facility

The investment group adds Seahaven Marina, which can accommodate vessels up to 250 feet.

Newsweek Honors Brunswick Corp.

It’s the second consecutive year that the magazine named the corporation to its list of America’s Most Responsible Companies.

Southern Marinas Adds to its Portfolio

The company announced its acquisition of Tims Ford Marina and Resort in Winchester, Tenn., its seventh transaction this year.

Groupe Beneteau Acquires Portugal Facility

The builder adds the Rodman Lusitania shipyard to support demand for powerboats under 40 feet.

Digital Dealership Dashboard for Marine Dealers

The Parker Business Planning digital platform for marine dealers will be introduced next week at MRAA Dealer Week in Austin, Texas.

Back and Forth and Back Again

As the world waits for the pandemic and its economic effects to subside, a new virus variant emerges.

Suzuki Crew Cleans Florida Shoreline

Executives, staff and families removed more than 40 bags of trash from Florida’s Courtney Campbell Causeway as part of the company’s Clean Ocean Project.

Seattle Boat Show: Full Speed Ahead

The largest show in the Pacific Northwest is set for its 9-day run with a new location and robust seminar format for 2022.