GE Capital Commercial Distribution Finance extended its financing program with MarineMax through 2018.
CDF has provided an increase in the facility of $260 million with a three-year term, which supplies MarineMax with the flexible financing needed to help the company reach its goals for growth.
”CDF’s commitment to the marine industry, in-depth knowledge of the market and investment in business intelligence tools have helped us grow our business,” said Michael H. McLamb, executive vice president and CFO of MarineMax.
”MarineMax has proven to be a leader in the marine industry and we are pleased to have consistently supported their growth efforts since they went public in 1998,” said Bruce Van Wagoner, president of CDF’s marine group.
Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!