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American Boatbuilders Association signs financing deal

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.”

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