Alumacraft Boat Co. signed an agreement with Honda Marine to provide a new inventory finance program.
Dealers purchasing Alumacraft boats outfitted with Honda outboard marine engines will get financing through Honda’s exclusive partner, Northpoint Commercial Finance.
Instead of leveraging their own capital for purchases of Alumacraft boats outfitted with Honda outboard marine engines, dealers can draw on their Northpoint line of credit to fund the purchases.
“Alumacraft, Honda Marine and Northpoint share a commitment to meet the financing needs of our dealers and support their continued growth,” Alumacraft president James R. Irwin said in a statement. “We are excited to offer our dealers a customized program which will reduce their combined boat, motor, and trailer package financing cost while allowing them to carry a large selection of Alumacraft boats and Honda marine engines.”