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GE Capital Extends Inventory Finance Program With American Boat Builders

July 10, 2015, 07:54 AM
Filed Under: Marine

GE Capital, Commercial Distribution Finance (CDF) announced that it has extended its inventory financing agreement with the American Boat Builders Association (ABA), a major buying group for independent boat builders in the U.S., through 2018. CDF has been a preferred lender to ABA’s members since the organization’s inception in 1992.

“We are happy to extend our mutually beneficial relationship with CDF and look forward to growing with them in the years ahead,” said Bill Yeargin, chairman of ABA and CEO of Correct Craft. “CDF has been a trusted resource for many years and provides ABA companies with much more than just inventory financing.”

The ABA’s board of directors has extended the agreement designating CDF a preferred inventory financing provider to its members through model year 2018. Those members, and their brands, are as follows:
“We are thrilled that the ABA has extended its financing program with us, which is a testament to our longstanding relationship and commitment with its members and the industry,” said Bruce Van Wagoner, president of CDF’s marine group. “Our goal will be to continue to provide the ABA with a value proposition that includes reliable financing, business intelligence, integrated systems and outstanding customer service that they have come to know and expect over the last 20+ years.”

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