TCF’S INVENTORY FINANCE GROUP AND UNITED MARINE MANUFACTURER’S ASSOCIATION, INC. ANNOUNCE A TAILOR-MADE FINANCING PROGRAM

TCF

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

Related Posts




Canadian Safe Boating Awards (CASBAs)

CASBAS

The 2025 Canadian Safe Boating Awards (CASBAs) were held on Sunday, January 18 at the National Yacht Club in Toronto. At this gala event the Canadian Safe Boating Council, its members and stakeholders in recreational boating safety assembled to honour the people, programs, organizations and marinas that help to make boating in Canada safer…

Read More




Need to Catch up on News This Week?

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.



Monterey Expands Its Industry Leading Elite Series with The Elite 23, 34 and 38

Monterey Boats has announced the introduction of the new Elite 23, expanding its industry-leading Elite series of premium adventure boats. The addition brings the lineup of 23 to 30-feet reinforcing Monterey’s leadership across key size categories and building on the rapid retail growth of its premium bow rider offering, with the Elite 34 and Elite 38 models scheduled to follow in the summer and fall of this year.

Read More


Simrad Marine Electronics Debuts New NSO® 4

As Simrad Marine Electronics marks its 80th anniversary, the brand celebrates eight decades of innovation with the launch of NSO® 4 – the next chapter in marine navigation. Built on the revolutionary NEON™ operating system (OS) and designed to be the world’s most intuitive chartplotter, NSO 4 is the latest premium chartplotter and fishfinder in the Simrad® portfolio, delivering an unmatched combination of effortless control, lightning-fast performance, and sleek design, setting a new standard for offshore navigation.

Read More