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, the marine division of United Bank of Hartford, CT, 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.

“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,” said Joost van Hout, Chief Operating Officer of LH-Finance.

“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,” said Jay Edwards, Senior Vice President of Business Development - Americas at White Clarke Group.

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

White Clarke Group is a global provider of end-to-end loan origination, servicing, collections and floorplan/wholesale finance technology for the automotive, consumer and equipment finance sectors.