GE Capital, Commercial Distribution Finance has extended its inventory financing agreement with American Boat Builders through 2018.

GE Capital, Commercial Distribution Finance has extended its inventory financing agreement with the American Boat Builders Association (ABA) through 2018. The extension keeps an agreement in place that has existed since 1992.

“We are happy to extend our mutually beneficial relationship with CDF and look forward to growing with them in the years ahead,” said Bill Yeargin, chairman of ABA and CEO of Correct Craft. “CDF has been a trusted resource for many years and provides ABA companies with much more than just inventory financing.”

ABA’s other members include Seabring Marine Industries (Monterey Boats), Nautic Global Group, Cobalt Boats, S2 Yachts and Nautic Star Boats, among others.

“We are thrilled that the ABA has extended its financing program with us, which is a testament to our longstanding relationship and commitment with its members and the industry,” said Bruce Van Wagoner, president of CDF’s marine group. “Our goal will be to continue to provide the ABA with a value proposition that includes reliable financing, business intelligence, integrated systems and outstanding customer service that they have come to know and expect over the last 20+ years.”