
The American Boatbuilders Association has renewed its contract with Northpoint Commercial Finance as one of two floorplan lenders for the organization.
“The ABA is pleased to renew its agreement with Northpoint Commercial Finance and greatly appreciates the benefits that Northpoint provides for ABA members and our dealers,” ABA president Jay Patton said in a statement. “We value our strategic partnership with Northpoint and look forward to continued success.”
The duration of the renewed contract is three years.
Northpoint Commercial finance is owned by LBC Capital, a subsidiary of Laurentian Bank of Canada, and has offices in Alpharetta, Ga., and Burlington, Ontario.