TCF Inventory Finance, American Boatbuilders Association extend financing agreement
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.”
