Northpoint Commercial Finance partnered with Elite Recreational Finance that will focus on expanding its Marine sector with a retail finance program. The partnership will combine Elite’s technology with Northpoint’s financial solutions.
Northpoint has developed programs over the years with their dealers in mind such as Boat Club Financing, Used Floorplan Programs and partnering with Manheim Auctions. The partnership with Elite will strengthen Northpoint’s offerings and aid in providing the best support and financing opportunities to the Marine industry.
“The partnership with Elite Recreational Finance is a perfect fit for us, and we couldn’t be more excited as its technology and services for both Manufacturers and Dealers will continue to expand our boutique of innovative inventory solutions in marine,” Russell Baqir, senior vice president of business development at Northpoint, said.
“We are excited about the partnership and look forward to working with Northpoint to help grow its Marine sector,” Jimmy Delegro, president of Elite, said. “Our retail experience and industry knowledge combined with its top-notch customer service and flexible marine inventory financing programs fulfill a great market need.”
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