American Boatbuilders Association signs financing deal

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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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