TCF Inventory Finance announced that it extended its financing agreement with the American Boatbuilders Association.
Under the agreement, TCF Inventory Finance will continue to be a preferred lender to the 12 boatbuilder members of the association through model-year 2015.
“The members of ABA will continue to offer their dealers a choice in inventory finance,” ABA president Jay Patton said in a statement. “Extending our agreement with TCF Inventory Finance demonstrates to our members and their dealers that our agreement has been — and will continue to be — a benefit to everyone involved.”
ABA members include:
• Chaparral Boats Inc.
• Cobalt Boats LLC
• Grady-White Boats Inc.
• Monterey Boats/Seabring Marine Industries Inc.
• Nautic Global Group Inc. (Rinker, Godfrey, Polar Kraft, Parti Kraft, Hurricane)
• Nautique Boat Co.
• Regal Marine Industries
• Robalo Boats LLC
• Stingray Boat Co.
“We are thrilled to extend our relationship with ABA,” TCF Inventory Finance president and CEO Ross Perrelli said. “As a preferred lender, we remain dedicated to providing ABA members with exceptional customer service, products and programs that will help their businesses continue to grow.”