RV lender Northpoint Commercial Finance has partnered with Elite Recreational Finance. The partnership will combine Elite’s technology with Northpoint’s financial solutions.
Northpoint said it expects the Elite partnership to strengthen the company’s offerings and aid in providing the best support and financing opportunities to the marine industry. Northpoint has developed programs for dealers such as used floorplan programs and the company has partnered with Manheim Auctions.
“The partnership with Elite Recreational Finance is a perfect fit for us, and we couldn’t be more excited as their technology and services for both manufacturers and dealers will continue to expand our boutique of innovative inventory solutions in marine,” said Russell Baqir, Northpoint senior VP of business development.
Elite Recreational Finance provides full-service consumer financing for dealers, lenders and manufacturers. Headquartered in Oldsmar, Florida, Elite finances new, used, consignments, rentals, boat and RV clubs, charters and dealership equipment nationwide.
“We are excited about the partnership and look forward to working with Northpoint to help grow their Marine sector,” Elite President Jimmy Delegro said. “Our retail experience and industry knowledge, combined with their top-notch customer service and flexible marine inventory financing programs fulfill a great market need.”
