Honda Marine signs floorplan financing deal

Honda Marine chose inventory finance company Northpoint Commercial Finance as the exclusive provider of a new finance program.
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Honda Marine chose inventory finance company Northpoint Commercial Finance as the exclusive provider of a new finance program.

The program is designed to provide a flexible approach to floorplanning boat, motor and trailer packages for original equipment manufacturers and dealers.

By working closely with OEMs, Northpoint and Honda will help dealers reduce their Honda loose outboard financing costs. The program will allow Honda to design programs specific to the OEM and dealer needs in the marine engine market.

"Northpoint welcomes the opportunity to work alongside Honda Marine to develop this program,” Northpoint Commercial Finance CEO Dan Radley said in a statement.

“Our growth in the marine segment is reflective of our flexible approach and taking the time to better understand the specific needs of the marine dealers and manufacturers. We're excited to launch this program with such a respected company as Honda Marine and continue to provide innovative finance options for Honda dealers."

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