Issue link: https://read.dmtmag.com/i/264625
LAUNCH www.BoatingIndustry.com March 2014 | Boating Industry | 13 origination, loan portfolio servicing and com- mercial inventory financing. Membership in the NMLA includes financial institutions such as commercial banks, private fi- nancing firms, savings and loan companies, and credit unions. Lender members extend or origi- nate credit to consumers, retailers/dealers and manufacturers of recreational boats and equip- ment. Associate members provide services to the marine lending community. FAIRLINE EXPANDS DEALER NETWORK TO ISRAEL Fairline Boats announced the appointment of a new authorized dealer in Herzliya, Israel. Maoz. net, trading as Fairline Israel, will operate from its offices in Herzliya Marina twenty minutes north of Tel Aviv on the Eastern Mediterranean coast. The announcement is part of the luxury boat brand's plan of building its worldwide dealer network throughout 2014. Herzliya Marina is a short cruising distance from the beautiful bays of Turkey and the pictur- esque Greek islands, and is close to some of Israel's most popular destinations. Established in 1994 by Yehuda Maoz, Maoz.net originally specialized in operating worldwide business jet flights from Is- rael. Yehuda expanded the business into the ma- rine industry in 2007. Maoz, dealer principal of Fairline Israel, said, "The Israeli coastline has recently seen the de- velopment of five new marinas, making Fairline Israel perfectly placed to meet and encourage de- mand for luxury motor yachts in the area. Israel has a thriving community of boat owners who take advantage of the perfect boating conditions that we enjoy all year round. We are delighted to be representing such a prestigious brand and are already looking forward to our first retail deliv- ery in the spring, a Targa 62. We are certain our customers will be impressed with the timeless elegance of the Fairline range." Stuart McCullough, commercial director at Fairline Boats, said, "We are delighted to wel- come Maoz.net as our new dealer for Israel. Not only is the dealership situated in a beautiful loca- INDUSTRY NEWS tion, it represents an important development in Fairline's expansion in the Middle East — a region within which we are committed to growing our presence. At Fairline we put a great deal of emphasis on ensuring our dealers are of the highest caliber, with a vast understanding of the industry, and capable of providing a world-class service for customers." P08x13-BI14MAR-Launch.indd 13 2/7/14 10:38 AM