Sept 1, 2020
TCF’s Inventory Finance group and United Marine Manufacturer's Association, Inc. (UMMA) has announced a floorplan financing program with a flexible, customizable suite of offerings designed to provide UMMA’s member-organizations financing that meets each member organization’s unique needs.
“UMMA is extremely pleased to have the opportunity to collaborate with TCF Inventory Finance in providing aggressive and competitive floor planning solutions for our member boat builders. Financing is an incredibly important resource for builders and their dealers, and the goal of securing a program that helps ensure their competitiveness has long been a mission that UMMA has pursued. We look forward to a long and mutually beneficial relationship,” said Kent Wooldridge, president, UMMA.
The program was designed following extensive conversations and working sessions among TCF, UMMA representatives and UMMA’s members. The multiyear program provides UMMA members competitive pricing, incentives and rebate options for the floorplan financing needs of their dealers.
“TCF is incredibly proud of this program. We believe the time and thought we dedicated to its design is an indication of our continued support, commitment and investment in the marine industry. We are looking forward to continuing to collaborate with UMMA and with marine manufacturers and dealers to support their business growth and production,” said Victor Rivera, chief sales officer, TCF Inventory Finance.
The TCF Inventory Finance team provides floor plan financing solutions developed for independent manufacturers and dealers that sell equipment to consumer and commercial customers located in the U.S., Canada and internationally.
To learn more about TCF, visit tcfbank.com.
NAUTISME QUEBEC CANCELS THE 2021 MONTREAL BOAT SHOW
Since mid-march, the Alliance de l’industrie nautique du Québec - Nautisme Québec has been devoting time and energy in order to present its main annual event, the Montreal Boat Show. However, with the organizational deadlines that such an event requires, the progress of COVID-19 in the last few weeks and the uncertainty of its outcome in the next winter period, Nautisme Québec finds that it is wiser to cancel the Montreal Boat Show, which was scheduled from February 4 to the 7, 2021.
“Many scenarios were on the table to make it happen and the recent success of the Montreal In-the-Water Boat Show was even more reason to be hopeful”, says Walter Timmerman, chair of the Alliance de l’industrie nautique du Québec...
Read More
Every Tuesday we publish a fresh Digest with informative articles pertaining to the Canadian boating and marine industry. Stay up to date with the latest products, research and industry developments.
Missed an Issue of Boating Industry Canada News Week? If you're looking for a specific issue, or simply want to catch up on previous issues, check out our Boating Industry Canada News Week Archives.
Not signed up for News Week? Subscribe here.
LUNASEA LIGHTING’S NEW WATER SAFETY DEVICE PROVIDES HIGHER LEVEL OF SAFETY FOR CHILDREN AND PETS
Lunasea Lighting has introduced an innovative new water safety device designed for child and pet safety. This complete safety system incorporates improved packaging other devices simply don’t offer, allowing for increased convenience and most importantly, greater peace of mind.
In addition to being the smallest multi-function distress light and signaling device on the market today, unlike competitive offerings, Lunasea’s waterproof device is easily rechargeable. It’s also designed to work independently, or in combination with a waterproof, rechargeable pocket-size alarm receiver that increases your ability to keep track of your loved ones at all times.
Read More
