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Groupe Beneteau signs deal with LH-Finance

Groupe Beneteau said LH-Finance will provide a unique inventory financing solution for the boat brands in North America.

Groupe Beneteau-Cadillac Operations, manufacturer of the powerboat brands Four Winns, Glastron, Scarab and Wellcraft, said it will launch a strategic partnership with LH-Finance at the Feb.16-20 Miami International Boat Show.

Groupe Beneteau said LH-Finance will provide a unique inventory financing solution for the boat brands in North America. The partnership continues a growing collaboration between the boatbuilder and the finance company.

“We are delighted to grow our relationship with LH-Finance with this advanced inventory financing solution for our American brands at the Miami International Boat Show; one of the most important events of the year for their businesses,” Groupe Beneteau Americas CEO George Armendariz said in a statement. “We anticipate that in the future, the partnership with LH-Finance will expand to introduce custom financing products, as well.”

“We are proud to advance our innovative collaboration with Groupe Beneteau by providing its popular boat brands with a state-of-the art inventory financing answer,” LH-Finance president and CEO Hervé Bonnet said. “Stay tuned for more to come.”

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