Avalon Pontoon Boats entered into an agreement with Honda Marine to provide a new inventory finance program for its dealers.
Financing will be provided through Northpoint Commercial Finance.
Under the six-month program, Honda Marine will subsidize Avalon dealers’ early payment program when a dealer orders an Avalon boat equipped with a Honda Marine engine. The subsidy applies to the entire boat package invoice, not just the Honda engine.
“We’re pleased to work with a best-in-class brand such as Honda Marine to help our dealers reduce costs and grow while giving them an opportunity to pass savings along to customers,” Avalon president Jim Wolf said in a statement. “At the same time, the partnership will contribute to Avalon’s revenue growth of 15-20 percent per year.”