Northpoint Commercial Finance Joins EMDA

Alpharetta, GA, December 16, 2015 – Northpoint Commercial Finance, a diversified inventory finance company that provides flexible inventory lending and floorplan financing solutions, has become a member of the Equipment Marketing Distribution Association (EMDA).

EMDA is the international association for wholesaler-distributors and manufacturers’ representatives of agricultural and related industry equipment and parts. EMDA members have served as the vital link between manufacturers and North American retail dealers for generations.

“We have a long history of working in the agricultural industry with manufacturers, distributors and dealers and we look forward to continuing to support this underserved agriculture market niche,” said John Durnien, SVP at Northpoint. “Even though we are a national lender, we work with dealers of all sizes. We are well-versed in the industry’s financing needs and challenges companies face.”

Northpoint is the only inventory finance member of EMDA and has already established inventory floorplan financing programs with distributors such as Cummings & Bricker, Inc., Edney Distributing Co., Inc., and Show-Me Shortline, LLC.

Gene Cummings, President of Cummings and Bricker, said “Northpoint leverages experience and innovative technology to provide exceptional service to our customers. This is a highly customer-focused organization that has been particularly responsive to our needs and that will benefit our dealer partners.”

“We’re proud to be an active member of EMDA. And we’re excited that our customized inventory financing programs can give distributors another way to help their dealers grow and expand their product lines,” Durnien added.

EMDA Executive Vice President Pat Collins noted the importance of flexible financing for the success of members. “Financing is a critical growth factor, no question. We’re excited to partner with Northpoint and bring members another financing option.”

Northpoint executives previously ran Textron Financial Corp.’s EDCO financing program for dealers.

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.

Coach Pontoons Provides 300 Days of Free Floorplanning through Northpoint Commercial Finance for its Dealer Network

Prairieville, LA, December 10, 2015 – Coach Pontoons (Coach), a manufacturer of high-end recreation pontoon boats, is offering a one-of-a-kind inventory finance program for its dealer network. Dealers who purchase boats equipped with Honda engine packages will receive 300 days of free floorplan financing. Contact Coach Pontoons for more information. Financing will be provided through Northpoint Commercial Finance (Northpoint), a leader in inventory financing solutions for the marine industry.

“As a relatively new manufacturer, we wanted to come out with a strong offer for dealers to capture industry interest and create excitement about our luxury product,” said Chris Riddle, President of Coach Pontoons. “No other pontoon manufacturer is offering 300 days of free floorplan financing. This gives dealers the opportunity to offer our full product line at very little cost. With such an in-demand product for an up-market demographic, we are confident it will be a win-win.”

Coach is a high quality manufacturer of well-appointed pontoon boats with high-performance tubes. Their boats include as standard features what other manufacturers offer as options, while their options – such as the tilt Gussi Italian steering wheel – add a sophisticated touch. Coach’s goal is to produce pontoons of the highest quality with the best OEM equipment available with the end goal of delivering the best value to the marketplace.

In another bold move, Coach entered the market with an exclusive OEM partnership with highly-respected Honda Marine. Honda will supply Coach Pontoons with selected outboard engine models from its Mid-Range and High Power BF Series as original equipment for all Coach pontoon models. The agreement further enhances the boats’ reputation for reliability and quality.

“Honda Marine leads the industry and sets the standard for excellence with new innovations, products and design enhancements, and Coach Pontoons is proud to be part of the Honda legacy,” Riddle added.

Mark DiPietro, senior manager at Honda Marine appreciates the opportunity to align itself with Coach. “Honda’s class-leading performance, coupled with advanced, innovative technologies and outstanding fuel efficiency and reliability make all the BF Series Honda engines ideal power sources for the Coach pontoon product lineup.”

Northpoint’s SVP of marine business, Russell Baqir, noted the finance program applies to the entire boat package, including the Coach pontoon, the Honda motor, the accessories and freight. “We’re looking forward to the opportunity to bring the Coach name and quality product to more dealerships across the country through this one-of-a-kind financing package.”

About Coach Pontoons
Based in Prairieville, Louisiana, Coach Pontoons is a subsidiary of Coach Marine Group LLC. They offer a full range of models for dealers throughout North America, currently producing six models of pontoons ranging from 21-25 feet, with plans for a seventh series.

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 in the U.S. and Canada, is a diversified financial solutions provider offering inventory lending, floorplan finance and asset based financing. An experienced lender, they offer a wide array of program structures to meet the needs of original equipment manufacturers, distributors, resellers and dealers in a variety of consumer and commercial products industries. Their team offers a creative, flexible and personal approach combined with innovative technologies, and streamlined processes. For more information about Northpoint’s product offerings, visit www.northpointcf.com.

Northpoint Commercial Finance Expands Financing Options for Technology Vendors and Solution Providers

Alpharetta, GA, December 2, 2015 – Northpoint Commercial Finance announced they have expanded their market focus to provide financing solutions to technology OEMs, Distributors and Value Added Resellers. Leading the technology effort is industry veteran Robert E. Wagner, with over 25 years of financial services and channel finance experience.

“As technology hardware, software and service products continue to evolve at an ever-increasing pace, delivery models are changing to cloud, software as a service, and other types of on-demand solutions,” Wagner said. “As a result, financing challenges have increased for technology manufacturers and resellers. The channel requires a progressive lender who can customize financing and adapt to meet evolving needs.”

Northpoint is well positioned to help IT providers capture more sales. As a privately held non-bank lender, they have the flexibility to deliver creative, end-to-end financing solutions along the entire supply chain.

“Another issue facing the industry is a contracting financial marketplace,” Wagner explained. “Channel lender consolidation and rigid lending parameters have dramatically reduced the financing options available. Northpoint is committed to the channel and providing financing programs that enable OEMs, Distributors and Solution Providers to capture more sales. We look forward to empowering smart growth in this sector with a viable financing alternative.”

Responding to this strong market demand for a flexible, high touch lender, Northpoint has developed asset based financing programs customized for the needs of the technology channel. Wagner, and Northpoint, leveraged their financial and technology expertise to deliver an efficient and steady source of working capital to help technology businesses overcome financing challenges. Their programs offer channel partners additional credit with extended terms; enhanced liquidity and purchasing power; and improved cash flow and working capital.

Wagner underscored Northpoint’s dedication to the technology sector through their ability to support channel partners of all sizes, including those focused in the SMB space.

About Northpoint Commercial Finance

Northpoint Commercial Finance, with offices in the U.S. and Canada, is a diversified financial solutions provider offering inventory lending, floorplan finance and asset based financing. An experienced lender, they offer a wide array of program structures to meet the needs of original equipment manufacturers, distributors, resellers and dealers in a variety of consumer and commercial products industries. Their team offers a creative, flexible and personal approach combined with innovative technologies and streamlined processes. For more information about Northpoint’s product offerings, visit www.northpointcf.com.