
Huntington Distribution Finance, a subsidiary of Huntington National Bank, and the United Marine Manufacturers Association have extended their floorplan financing program by five years.
“This extension will ensure that our builders and their dealers have access to high-quality floorplan financial services,” UMMA president Kent Wooldridge said in a statement.
The UMMA and Huntington agreed to the extension following the expiration of their original agreement, signed in July 2020. The program provides UMMA members with floorplan solutions developed for independent manufacturers and dealers that sell inventory to consumer and commercial customers in the United States and Canada.