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The 2024 Global Marine Industry Workplace Study
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SBA

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How easy money led us to hard times

Industry experts say the marine financing crisis is a microcosm of what’s going on in the national economy. In both cases, early warning signs began

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Banks are balking at SBA floorplan loans

MRAA asks for some changes in the program, while the NMMA urges dealers to ‘educate’ lenders Industry leaders are hopeful the Small Business Administration’s dealer

New SBA loan fact sheet now available

The Marine Retailers Association of America, National Marine Manufacturers Association and National Marine Bankers Association have prepared a revised fact sheet to better describe the

SBA expands loan program

The Small Business Administration expanded its 504 Certified Development Company loan program to allow small businesses to refinance existing loans used to purchase real estate

SBA dealer financing program begins

A new dealer floorplan pilot program created by the Small Business Administration is now under way. As of July 1, boat, auto and RV dealers

A rundown of the lending programs

SBA’s America’s Recovery Capital Loan Program can provide up to $35,000 for viable small businesses that need short-term help to make principal and interest payments

New SBA loan fact sheet now available

The Marine Retailers Association of America, National Marine Manufacturers Association and National Marine Bankers Association have prepared a revised fact sheet to better describe the

SBA expands loan program

The Small Business Administration expanded its 504 Certified Development Company loan program to allow small businesses to refinance existing loans used to purchase real estate

A rundown of the lending programs

SBA’s America’s Recovery Capital Loan Program can provide up to $35,000 for viable small businesses that need short-term help to make principal and interest payments

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