Encore Boat Builders and Honda Marine Join Forces with Northpoint Commercial Finance On Dealer Financing

Encore Boat Builders, LLC
1650 Two Notch Road
Lexington, SC 29073
(803) 520-5280
www.encoreboatbuilders.com

Lexington, SC December 14, 2015 – Encore Boat Builders, LLC (Encore), a leading manufacturer of quality, affordable pontoon boats under the Encore Bentley brand, has struck a deal with Honda Marine (Honda) to provide a new inventory finance program for its U.S. dealers. Financing will be provided through Northpoint Commercial Finance (Northpoint), a leader in inventory financing solutions for the marine industry and an exclusive partner to Honda. Encore has also partnered with Northpoint since 2013 to provide inventory financing to its dealers.

With this new agreement, once an Encore dealer activates a line of credit with Northpoint, the dealer can draw on the line to fund purchases of Encore Bentley pontoon boats with Honda engine packages and earn an early pay discount for 120 days. The discount applies to the entire boat package, not just the Honda engine.

“Our boats are easy to operate, affordable and come with great standard features,” said Steve Deese, founder and president of Encore Boat Builders. “With this exclusive financing program, we are excited to offer our dealers Honda engines as another high quality standard. It will help our dealers grow their businesses and attract new customers.”

The world’s largest engine manufacturer, Honda brings the same environmental stewardship to its marine outboards as it does the vehicles that have proven themselves for decades. Mark DiPietro, senior manager of Honda Marine stated, “We were the first to offer a full line of dependable four-stroke engines, and had the first four-stroke engine to exceed both EPA and CARB emission standards. We’re happy to help Encore dealers align with the growing consumer demand for more reliable, cleaner technology that leaves our waters more pristine, and help them be more cost-efficient along the way.”

Northpoint’s SVP of marine business, Russell Baqir, said the finance company is pleased to help two great companies work together to help dealers. “We appreciate the opportunity to put our trademark customer focus to work on crafting this financing package. It benefits all parties involved.”

About Encore Boat Builders, LLC With a long history of offering value in the market, Encore Bentley Pontoon boats are known for their solid craftsmanship and reasonable price. The manufacturing plant is located in Lexington, South Carolina, where Encore makes its own components, such as furniture, tubes and railings, to ensure quality control while reducing costs. Encore’s skilled employees pride themselves in delivering craftsmanship that is second to none.

For more information, visit www.encoreboatbuilders.com

About Honda Marine Honda Marine, a division of American Honda Motor Co., Inc., markets a complete range of outboard marine engines. Its comprehensive product line is powered exclusively by 4-stroke engines. Information regarding Honda Marine products is available at www.hondanews.com.

About Northpoint Commercial Finance
Northpoint Commercial Finance, with offices throughout North America, is a diversified inventory finance company that partners with manufacturers, distributors and dealers to provide flexible financing to their distribution channels. Northpoint combines experience with innovative technologies, fresh ideas, streamlined processes and customer focus.
For more information about Northpoint’s product offerings, visit www.northpointcf.com.