LH-Finance selects White Clarke Group’s Floorplan Finance Software

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LH-Finance has chosen to implement White Clarke Group’s CALMS Compass Floorplan Finance Software to help support the growth of its inventory finance business.

LH-Finance is the marine division of United Bank of Hartford, Conn, US and will provide floorplan financing utilizing White Clarke Group’s CALMS Compass software to enable the company to efficiently assist its customers in their inventory finance needs.

Joost van Hout, chief operating officer of LH-Finance explained: “The CALMS Compass software provides our business with the capabilities we need to ensure efficient and compliant operations.

“White Clarke Group was the right company to partner with to enable our team with the ability to deliver exceptional customer service with a high degree of flexibility in the types of finance programs we can offer. We are looking forward to working closely with White Clarke Group and fully leveraging the out-of-the-box CALMS Compass software solution to provide world class floorplan programs for our dealer and manufacturer partners.”

Jay Edwards, senior vice president of business development – Americas at White Clarke Group (pictured above) added: “We are delighted to be working with LH-Finance, offering them industry proven and regulatory compliant technology to support their inventory financing efforts. We are excited to have CALMS Compass involved as an integral component of their growth strategy and look forward to a strong, long-term partnership as their business continues to develop and evolve.”

LH-Finance (also referred to as L’Hermione Finance) offers both retail solutions to customers and wholesale financing to dealers and boat manufacturers.