LH-Finance, a marine financing specialist based in the US, has announced a new strategic partnership with Bavaria Yachts.
Following the United States Sailboat Show in Annapolis, LH-Finance and Bavaria Yachts have decided to start a new partnership, with special financing terms provided to retail buyers of Bavaria’s yachts, including its sailing, motor and catamaran models. The event was held from 6-10 October.
Commenting on the partnership, Bavaria Yachts CEO Lutz Henkel says: “We are delighted about the partnership with LH-Finance. North America is one of the key markets for Bavaria Yachts. With LH-Finance, we will have a strong financial partner at our side to achieve our growth targets.”
William H.W. Crawford IV, CEO of United Bank, the parent company of LH-Finance, adds: “We are proud to continue to support such a leader as Bavaria Yachts and play an essential role in their North American development strategy by providing pertinent financing to their customers.”
Bavaria Yachts produces 24 different models of sailing and motor yachts. The German boatuilder operates a production facility in Giebelstadt (Germany) and a site in Rochefort (France) where Bavaria’s line of catamaran are built.