GE Capital, Commercial Distribution Finance (CDF) announced it significantly expanded its inventory financing program with MarineMax HZO, the nation’s largest boat dealer, and extended its duration through 2017. The $235 million facility will allow the company to expand its stocking plans from leading manufacturers in the industry including Sea Ray, Boston Whaler and Azimut Yachts.

“GE Capital really understands our business, and the opportunities and challenges our industry is facing”, said Michael H. McLamb, executive vice president and CFO of MarineMax. “This increased credit capacity positions us well to capitalize on the continuing recovery of our industry. We also appreciate how seamless the credit-approval process was, allowing us to focus on growing our business.”

Clearwater, FL-headquartered MarineMax is a recreational boat and yacht retailer with 55 retail locations.