June 23, 2016
LH-Finance, the Marine division of United Bank (Glastonbury, Connecticut – USA) that provides both retail and inventory financing, has announced an enhanced partnership with Dufour Yachts, one of the world’s largest yacht builders.
In February 2016, LH-Finance and Dufour Yachts had already announced a new association with special financing terms provided to retail buyers of Dufour Yachts. By signing an agreement today, the two parties are taking their partnership to the next level, strengthening their collaboration on inventory financing as well.
Dufour Yachts CEO, Salvatore Serio said, “We are delighted to move a step forward with LH-Finance and are convinced this agreement will bring new opportunities to fortify our strategy in North America. The timing is perfectly aligned with the launch of our new ’Exclusive Range‘ including an enhanced version of our 56 and a spectacular new 63’ flagship.”
William H.W. Crawford, IV, Chief Executive Officer of United Bank, the parent company of LH-Finance added, “We are proud to continue to support such a prestigious brand as Dufour Yachts and play a key role in their North American growth by providing innovative financial tools to their dealer network.”