POWAY, Calif. (September 3, 2024) – National Powersport Auctions (NPA), a leader in powersports remarketing and auction services, has partnered with Northpoint Commercial Financing to provide enhanced financial flexibility and options for marine dealers. This collaboration aims to streamline the buying and selling process for marine inventory. Dealers and businesses can now enjoy a broader range of turnkey financial choices when purchasing marine inventory through NPA.
About Northpoint Commercial Financing
Northpoint Commercial Finance, with offices in Alpharetta, GA, and Burlington, ON, is owned by LBC Capital, a subsidiary of Laurentian Bank of Canada. Northpoint combines experience with advanced technologies, fresh ideas, streamlined processes, and a customer focus formed specifically for the varied needs and goals of each business. Northpoint’s inventory finance offerings drive sales, enhance cash flow, and improve profitability for both manufacturers and dealers. More information about Northpoint and its offerings is available at www.northpointcf.com.
Floorplan Advantages
Dealers buying at NPA who secure a floorplan from Northpoint can significantly improve their cash flow, making inventory purchases smoother and faster. This financial arrangement with NPA and Northpoint allows dealerships to expand their inventory more rapidly, thereby attracting more buyers and increasing sales. The flexible payment terms offered by Northpoint ensure that dealerships can maintain a healthy financial position while growing their inventory. An increased inventory not only boosts buyer interest but also enhances the overall sales potential of marine products.
Marine Financing
Marine dealers and businesses now can explore the financing options available for marine auction purchases. For more information on this partnership and the financing program, reach out to Shannon Bennett, NPA’s RV and Marine Sales and Admin Coordinator, at sbennett@npauctions.com. NPA is committed to supporting your marine inventory needs and ensuring a smooth sailing purchasing experience.
This exciting collaboration between NPA and Northpoint Commercial Financing marks a significant step forward in providing marine dealers with the resources they need to thrive. With enhanced financial solutions and streamlined processes, dealers can focus on what they do best – growing their business and serving their customers.
About National Powersport Auctions:
Established in 1990, National Powersport Auctions (NPA) is the world’s leading provider of powersport vehicle remarketing services. NPA’s nationwide footprint serves the industry’s largest financial institutions, manufacturers, and dealers through their premier live and online selling platforms. NPA offers comprehensive data services, including the NPA Value Guide™, the industry’s most accurate wholesale valuation tool. NPA has company-owned and staffed facilities in California, Colorado, Florida, Georgia, Ohio, Oregon, Pennsylvania, and Texas. NPA is a wholly-owned subsidiary of Copart, Inc (Nasdaq: CPRT). For more information about NPA, visit: www.npauctions.com.
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