A new step in partnership
In February 2016, United Bank's Maryland-based marine subsidiary LH-Finance and Dufour Yachts announced their association for an initial retail financing offer. They offered loans over 20 years with rates of 1.99% over the first 5 years. The offer was valid for the Grand Large 350, 382, 412, 460, 512 and 560 models, available in 2016.
The two partners take a new step in the collaboration: the services are now extended to stock financing.
Perfect timing
"We are delighted to take a step forward with LH-Finance and are confident that this agreement will bring new opportunities to strengthen our strategy in North America," said Salvatore Serio, President of Dufour Yachts. "The timing is perfectly in line with the launch of our new"Exclusive Range", including a reworked version of our 56-footer and the spectacular new flagship, the 63-footer."
We are proud to continue to support a prestigious brand like Dufour Yachts and to play a key role in its growth in North America by providing innovative financial tools to its network of distributors," said William H.W. Crawford IV, CEO of United Bank, the parent company of LH-Finance.
