Yamaha Financial Services will become the exclusive provider of dealer inventory financing and retail financing for Sportsman Boats.

The agreement is effective July 1, Yamaha Marine said in a statement yesterday.

Ben Speciale, president of Yamaha’s U.S. business unit, said Sportsman is the “first to take advantage” of what is a new service by Yamaha. “Dealer inventory financing, retail financing and related services now join industry-leading marine service training, information sharing and product reliability” as services provided at Yamaha, Speciale added.

“A seamless financing experience, both at the wholesale and retail level, was a logical next step in our ever-growing efforts to deliver a world-class experience to all of our customers,” Sportsman president Tommy Hancock said. “This partnership will bring a competitive edge to our dealers, supercharge their retail promotional offerings, and provide a frictionless transaction from our website to the customer’s dock.”

Based in Summerville, S.C., Sportsman Boats builders center consoles and bay boats from 20 feet to 35 feet.