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TCF Inventory Finance, American Boatbuilders Association extend financing agreement

By TCF Inventory Finance, Inc.

SCHAUMBURG, Ill., December 16, 2013 – TCF Inventory Finance, Inc. (“TCFIF”) today announced that it has extended its financing agreement with American Boatbuilders Association, Inc. (“ABA”). Under the agreement, TCFIF will continue to be a preferred lender to the 12 boat manufacturers that are members of ABA through model year 2015.

“The members of ABA will continue to offer their dealers a choice in inventory finance,” stated Jay Patton, President of ABA. “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.”

TCFIF has a strong commitment to the marine industry and is proud to provide financing to the following ABA members:

  • 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,” said Ross Perrelli, President and Chief Executive Officer of TCFIF. “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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