PHOTO COURTESY AVID BOATS

Avid Boats and Yamaha Financial Services have entered into a multiyear exclusive financing agreement. Beginning July 1, Yamaha will be the exclusive dealer floorplan finance and retail finance provider for Avid.

“We are pleased to announce this exclusive partnership with Yamaha Financial Services as our provider for dealer wholesale floorplan financing and attractive retail financing options,” Phillip Faulkner, president of Avid Boats, said in a statement. “This collaboration reflects our ongoing commitment to providing high-quality boats with reliable Yamaha outboard motors and supporting our valued independent retail dealers with competitive financing options.”

Added Mark Tracy, vice president, Yamaha Marine U.S. business unit: “Yamaha places great value on strong relationships with both our builders and dealers and we’re excited to see Avid Boats team up with Yamaha Financial Services to offer a complete go to market finance package.”

Located in Armory, Miss., Avid was established in 2019 and builds fishing boats with aluminum hulls and fiberglass decks and consoles.