Honda Marine Selects Northpoint Commercial Finance to Provide Dealer and OEM Finance Program

8/10/2015 4:47:00 PM

Honda Marine has chosen Northpoint Commercial Finance, a diversified inventory finance company, as the exclusive provider of a new finance program. The finance program is designed to provide a flexible approach to floorplanning boat/motor/trailer packages for original equipment manufacturers and dealers. Honda Marine, a division of American Honda Motor Co., Inc., markets a complete range of 4-stroke, outboard marine engines.

By working closely with OEM's, Northpoint and Honda will help dealers reduce their Honda loose outboard financing cost. The program will allow Honda to design programs specific to the OEM and dealer needs in the marine engine market.

"Northpoint welcomes the opportunity to work alongside Honda Marine to develop this program.  Our growth in the marine segment is reflective of our flexible approach and taking the time to better understand the specific needs of the marine dealers and manufacturers," said Dan Radley, Chief Executive Officer of Northpoint Commercial Finance. "We're excited to launch this program with such a respected company as Honda Marine and continue to provide innovative finance options for Honda dealers."

Honda Marine exclusively features 4-stroke outboard engine technology for high fuel efficiency, quiet operation, and low emissions. Honda Marine outboards share the same unparalleled durability, quality, and reliability of its legendary automobiles. With models ranging from 2.3 to 250 horsepower, the Honda Marine full line of current production models certify to California Air Resources Board (CARB) 3-Star standards, ensuring their availability and regulatory compliance in all 50 states.

"Honda Marine welcomes the opportunity to provide our dealers effective, creative and flexible approaches to floorplanning, which, in turn, help increase their profitability," said Mark DiPietro, senior manager, Honda Marine. "Our exclusive partnership with the experienced team at Northpoint Commercial Finance allows us to accomplish this strategy with the greatest efficiency."

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Editor's Notes:

Honda Marine, a division of American Honda Motor Co., Inc., markets a complete range of outboard marine engines.   Its comprehensive product line is powered exclusively by 4-stroke engines.

Information for media regarding Honda Marine products is available at www.hondanews.com.

Consumer information regarding Honda products is available at www.honda.com, www.powerequipment.honda.com, www.hondaengines.com, and www.hondamarine.com

For product inquiries and dealer locations, please visit marine.honda.com.

Connect with Honda Marine on Facebook by visiting http://facebook.com/hondamarine.

Northpoint Commercial Finance, with offices in Alpharetta, GA, and Burlington, ON is a diversified inventory finance company that partners with manufacturers, distributors and dealers to provide financing to their distribution channels.

More information about Northpoint and their offerings is available at www.northpointcf.com.