Northpoint Commercial Finance CEO Dan Radley recently announced the appointment of Gary W. Childress to the newly established role of Vice President of Marine Operations. A marine industry veteran with 30 years of leadership experience in sales, operations and strategic planning, Childress will now spearhead and direct day-to-day operations including initiatives with key Northpoint suppliers to foster stronger customer-focused synergy. ...
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Northpoint announces continued partnership with ABA
The American Boatbuilders Association (ABA) has just announced the three-year contract renewal of Northpoint Commercial Finance as one of two preferred floorplan lenders for its organization representing leading independent boat manufacturers and their respective dealers. “The ABA is pleased to renew its agreement with Northpoint Commercial Finance and greatly appreciate the benefits that Northpoint provides for ABA members and ...
Read More »Northpoint adds new marine consultant
Northpoint Commercial Finance recently announced it has retained established marketing expert Wanda Kenton Smith of Kenton Smith Marketing as its official marine division marketing consultant. Kenton Smith brings 40 years of proven marine experience and award-winning performance across multiple industry sectors to assist Northpoint in undertaking a variety of initiatives including marketing strategy, branding, external communications and outreach, media/advertising, events ...
Read More »Northpoint Commercial Finance celebrates 10 years of growth
Northpoint Commercial Finance (Northpoint) a diversified inventory finance company, celebrated 10 years of growth driving its customer’s success with over $50 billion in dealer inventory financed since inception. From a start-up finance company with a team of 10, to an established lender with over 170 employees throughout North America, Northpoint has built a business focused on service delivery and process innovation. “We founded ...
Read More »Northpoint Commercial Finance announces partnership with MitchCap
After more than a decade of robust growth and the development of an impressive customer base throughout North America, Northpoint Commercial Finance announced a partnership with MitchCap to create a strategic Australasian partnership to better connect North American OEMs with their Australasian Distribution Channels. MitchCap is one of Australia’s fastest growing inventory finance providers and the BIAV’s preferred Floorplan partner. Both organizations have a ...
Read More »Sea Fox announces partnership with Northpoint Commercial Finance
Sea Fox, a manufacturer of saltwater boats, announced an exclusive partnership with Northpoint Commercial Finance (Northpoint), a diversified finance company that provides flexible inventory lending and floorplan financing solutions. Northpoint will be the exclusive financier of the Sea Fox dealer network across the United States and Canada. With the partnership, Sea Fox is looking to provide its dealer network with the best financing options for their marine inventory. The ...
Read More »Freedom Boat Club selects Northpoint Commercial Finance for franchise finance program
Freedom Boat Club has selected Northpoint Commercial Finance as its provider for a new, specially designed install and pay finance program for its franchise network. As a franchise club organization vs. a traditional boat retailer, Freedom Boat Club said it was in need of a progressive inventory finance provider. Through creative collaboration and joint commitment to providing a flexible service ...
Read More »2017 Boating Industry Bold Moves
On the previous pages, we profiled our four 2017 Movers & Shakers, but several other industry leaders are also working to grow the boating industry. The six leaders on the following pages are making bold moves to advance boating by growing its customer base, improving technology, bringing industry stakeholders together and raising the bar of professionalism for the entire industry. ...
Read More »Northpoint Commercial Finance names Chantal Robin director of business development
Northpoint Commercial Finance announced that Chantal Robin has joined the company as a director of business development in Canada. Robin joins the existing field sales team to provide enhanced regional coverage of existing customers, further develop their portfolio and develop new business opportunities. Based in Quebec, Robin will lead business development efforts in the province of Quebec. She brings 15 ...
Read More »Dealers add more boats, seek larger lines of credit from floorplan financing
As the economy and the marine industry have improved over the past few years, the floorplan financing market has followed suit. Banks are lending more as dealers are looking to stock more boats to meet consumer demand, which is causing dealers to experience high turn rates. “Growth in the marine industry has been great the past few years and inventory ...
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