Shore Premier Finance announces new partnership with YachtCloser

BALTIMORE, Md. — June 25, 2014

Shore Premier Finance (SPF), a direct marine lending division of Shore Bank, announced today a new partnership with YachtCloser, a web-based contract management system to make the process of buying and selling a yacht easier and more efficient for its brokers and their clients.

“It’s in SPF’s DNA to think outside of the box. Improving the broker-client experience is one of our top priorities. This new partnership with YachtCloser simply enhances what we have already started with VesselVanguard by offering installation and two-year subscription to our customers purchasing a pre-owned boat,” said Herve Bonnet, President of Shore Premier Finance. “Now that we have also partnered with YachtCloser, it is even more efficient for our partners to work with us.”

YachtCloser will be using their new integration tool, FinanceCloser, to streamline the finance application process for boat buyers. With this new partnership, brokers can instantly refer their customers to SPF, eliminate duplicate data entry, and avoid printing and faxing with secure electronic signatures. With its team of seasoned marine lending professionals, SPF is always looking for ways to improve the customer experience. Partnering with YachtCloser, the yacht brokerage industry’s leading web-based contract management solution is the next step in achieving that goal.

“We are very excited about this new partnership with Shore Premier Finance and the opportunity to simplify the financing application process for boat buyers with our integrated technologies. Herve and I have known each other for some time now and with our shared values and belief in the product and utilizing the latest technologies to better the industry, this partnership is the perfect fit.” said Brad Parker, President of YachtCloser.

For more information on Shore Premier Finance please visit www.shorepremierfinance.com.