Avid Boats Joins Forces With Yamaha Financial Services

--(BUSINESS WIRE)--Avid Boats and Yamaha Motor Finance Corporation, U.S.A. are proud to announce a new multi-year exclusive financing agreement. Beginning July 1, 2023, Yamaha Financial Services will become the exclusive dealer inventory finance and retail finance provider for Avid Boats. Leveraging strong finance programs, protection products, customer relationship management, and digital platforms, Avid Boats and Yamaha Financial Services are committed to making the dealer and customer experience the best in the industry.

“We are pleased to announce this exclusive partnership with Yamaha Financial Services as our provider for dealer wholesale floorplan financing and attractive retail financing options,” said Phillip Faulkner, President of Avid Boats. “This collaboration reflects our ongoing commitment to providing high-quality boats with reliable Yamaha outboard motors and supporting our valued independent retail dealers with competitive financing options. We believe that this partnership will contribute to the continued growth and success of Avid Boats and our dealer network. We look forward to the possibilities it holds for our future.”

“Yamaha places great value on strong relationships with both our builders and dealers and we’re excited to see Avid Boats team up with Yamaha Financial Services to offer a complete go to market finance package,” said Mark Tracy, Vice President Yamaha Marine U.S. Business Unit.

“Yamaha Financial Services is excited for the opportunity to partner with Avid Boats to help facilitate continued growth and enhanced brand loyalty,” said Brett Miller, Vice President of Commercial Finance at Yamaha Financial Services. “We look forward to providing our full captive finance programs for Avid Boats, their respective dealers, and their retail customers.”

Avid Boats, located in Amory, Mississippi, was established in 2019 by Phillip Faulkner. The management team has decades of boat building experience and has experienced rapid growth since inception. Avid Boats produces industry leading aluminum fishing boats with proprietary designs including TruTaper™ gunnels and ProMaster™ pad hull design.

Yamaha Motor Finance Corporation, U.S.A. (Yamaha Financial Services), located in Cypress, CA and Marietta, GA, was established in 2015 and is a wholly owned subsidiary of Yamaha Motor Corporation, U.S.A. offering captive financing solutions to support Yamaha dealers and Yamaha customers nationwide, with retail and commercial financing as well as protection products for all of Yamaha’s diverse line of motor products.

Yamaha Marine products are marketed throughout the United States and around the world. Yamaha Marine U.S. Business Unit, based in Kennesaw, GA., supports its 2400+ U.S. dealers and boat builders with marketing, training, and parts for Yamaha’s full line of products and strives to be the industry leader in reliability, technology, and customer service. Yamaha Marine is the only outboard brand to have earned NMMA®’s C.S.I. Customer Satisfaction Index award every year since its inception.