Off The Hook YS Inc. Doubles Inventory Financing to $60 Million

Reuters01-20
Off The Hook YS Inc. Doubles Inventory Financing to $60 Million

Off The Hook YS Inc., America's largest buyer and seller of pre-owned boats, has expanded its inventory financing capacity to $60 million, more than doubling its previous floorplan financing of $25 million prior to its IPO. This increased credit facility will enable Off The Hook to acquire and carry a larger inventory of high-quality used boats to meet growing customer demand and support its growth strategy for 2026. The company’s expanded floorplan financing, a form of inventory-backed credit, strengthens its buying power, allowing for a broader selection of boats and improved sales velocity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Off The Hook YS Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9627464-en) on January 20, 2026, and is solely responsible for the information contained therein.

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