Floorplan loans will be included in TALF
The National Marine Manufacturers Association has succeeded in helping get non-auto floorplan loans included in President Obama’s Term Asset-Backed Securities Lending Facility program. “The decision
The National Marine Manufacturers Association has succeeded in helping get non-auto floorplan loans included in President Obama’s Term Asset-Backed Securities Lending Facility program. “The decision
The Marine Retailers Association of America is joining the National Marine Manufacturers Association in lobbying the federal government for help on boat and floorplan financing.
First Trade Union Bank, with offices in Massachusetts, Rhode Island and New York, has entered the yacht financing industry. The bank appointed Jim Velez as
Capital One has pulled out of marine retail lending, according to Jim Coburn, vice president of consumer lending at Flagstar Bank and president of the
Despite the infusion of cash from the federal government into credit markets during the last few months, many banks are still leery of lending money.
Twin Vee Boats of Fort Pierce, Fla., is temporarily shutting down production to keep its inventory backlog in line with the continuing slump in sales.

Consumers shopping on YachtWorld.com and Boats.com will soon have access to more loan dollars from more banks. Secured Marine Transactions and Sterling Associates will partner
Because of worsening economic conditions, the National Marine Bankers Association is cancelling its annual Marine Lending Workshop and will next hold the event in December
Editor’s note: This is how things stood in early October. Who’s out1) May 2006, National City. This was a top-10 retail marine lender since about
The program for the National Marine Bankers Association’s Marine Lending Conference will feature business sessions on lending and boating industry issues, networking opportunities, and other
The National Marine Manufacturers Association has succeeded in helping get non-auto floorplan loans included in President Obama’s Term Asset-Backed Securities Lending Facility program. “The decision
The Marine Retailers Association of America is joining the National Marine Manufacturers Association in lobbying the federal government for help on boat and floorplan financing.
First Trade Union Bank, with offices in Massachusetts, Rhode Island and New York, has entered the yacht financing industry. The bank appointed Jim Velez as
Capital One has pulled out of marine retail lending, according to Jim Coburn, vice president of consumer lending at Flagstar Bank and president of the
Despite the infusion of cash from the federal government into credit markets during the last few months, many banks are still leery of lending money.
Twin Vee Boats of Fort Pierce, Fla., is temporarily shutting down production to keep its inventory backlog in line with the continuing slump in sales.

Consumers shopping on YachtWorld.com and Boats.com will soon have access to more loan dollars from more banks. Secured Marine Transactions and Sterling Associates will partner
Because of worsening economic conditions, the National Marine Bankers Association is cancelling its annual Marine Lending Workshop and will next hold the event in December
Editor’s note: This is how things stood in early October. Who’s out1) May 2006, National City. This was a top-10 retail marine lender since about
The program for the National Marine Bankers Association’s Marine Lending Conference will feature business sessions on lending and boating industry issues, networking opportunities, and other