Shore Premier Finance Announces New Partnership With YachtCloser
June 25 2014 - 7:00AM
Shore Premier Finance (SPF), a direct marine lending division of
Shore Bank, announced today a new partnership with YachtCloser, a
web-based contract management system to make the process of buying
and selling a yacht easier and more efficient for brokers and their
clients.
"At SPF, it's in our DNA to think outside of the box. Improving
the broker-client experience is one of our top priorities, and this
new partnership with YachtCloser offers greater convenience and
functionality for our users and enhances what we have already
started with VesselVanguard," said Hervé Bonnet, President of Shore
Premier Finance.
YachtCloser will use their new integration tool, FinanceCloser,
to streamline the finance application process for boat buyers. Once
information is entered - from any device with internet access - all
contracts or forms requiring that information can be populated
instantly. With this new partnership, brokers receive a
one-stop administrative solution in which they can instantly refer
their customers to SPF, eliminate duplicate data entry, and avoid
printing and faxing with secure electronic signatures. With
its team of seasoned marine lending professionals, SPF is always
looking for ways to improve the customer experience.
Partnering with YachtCloser, the yacht brokerage industry's
leading web-based contract management solution is the next step in
achieving that goal.
"We are very excited about this new partnership with Shore
Premier Finance and the opportunity to simplify the financing
application process and bring all parties in a deal together on the
same virtual page," said Brad Parker, President of
YachtCloser. "Hervé and I have known each other for some time
now and believe this partnership is a perfect fit. We share a
strong belief in the product and in utilizing the latest
technologies to give users a fast and secure platform with greater
flexibility and control over their network."
For more information on Shore Premier Finance please visit
www.shorepremierfinance.com.
About Shore Premier Finance
Shore Premier Finance (SPF) is a direct marine lending division
of Shore Bank, subsidiary of Hampton Roads Bankshares, Inc.
Headquartered in Baltimore, MD, SPF began with a team of seasoned
lending professionals who joined Shore Bank from a large European
bank. SPF specializes in marine financing for US Coast Guard
documented vessels to customers throughout the nation.
About YachtCloser:
YachtCloser is the yacht brokerage industry's leading web-based,
contract management solution. YachtCloser provides a simple,
seamless connection between buyers, sellers, brokers and yacht
services through a sophisticated, yet easy-to-use online
application. YachtCloser provides the most accessible and robust
transaction and administrative tools available – managing more than
$5 billion in active boat and yacht contracts nationwide.
Caution About Forward-Looking Statements
Certain statements made in this press release may constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of
1995. Forward-looking statements are statements that
include projections, predictions, expectations, or beliefs about
events or results or otherwise are not statements of historical
facts, including statements about future products, trends and
strategies. Although the Company believes that its
expectations with respect to such forward-looking statements are
based upon reasonable assumptions within the bounds of its existing
knowledge of its business and operations, there can be no assurance
that actual results, performance or achievements of the Company
will not differ materially from those expressed or implied by such
forward-looking statements. Factors that could cause actual
events or results to differ significantly from those described in
the forward-looking statements include, but are not limited to
those described in the cautionary language included under the
headings "Risk Factors" and "Management's Discussion and Analysis
of Financial Condition and Results of Operations" in the Company's
Annual Report on Form 10-K for the fiscal year ended December 31,
2013, Quarterly Report on Form 10-Q for the quarter ended March 31,
2014, and other filings made with the SEC.
CONTACT: Jennifer Rogers
Marketing Manager
JenniferRogers@shorepremierfinance.com
Xenith Bankshares, Inc. NEW (NASDAQ:XBKS)
Historical Stock Chart
From Jun 2024 to Jul 2024
Xenith Bankshares, Inc. NEW (NASDAQ:XBKS)
Historical Stock Chart
From Jul 2023 to Jul 2024