Baltimore-based Shore Premier Finance, a direct marine lending division of Shore Bank, announced a new strategic partnership with TUI Marine.
NMLA and Lending
The National Marine Lenders Association is a trade association of boat lending specialists. Members include financial institutions such as commercial banks, private financing firms, savings and loan companies, credit unions and retail service companies. Members extend or originate credit to consumers, retailers/dealers and makers of recreational boats and equipment.
Shore Premier Finance, a direct marine lending division of Shore Bank, announced an exclusive partnership with BoatQuest.com, a division of the Active Interest Media Marine Group and a longtime trusted name in boats and yachts for sale in online listings.
The National Marine Lenders Association will hold its annual lenders conferenceSept. 21-23 at the Silverado Resort and Spa in Napa, Calif.
Shore Premier Finance, a direct marine lending division of Shore Bank, said it formed a partnership with YachtCloser.
Shore Premier Finance, a direct marine lending division of Shore Bank, announced a new partnership with marine maintenance management company Vessel Vanguard.
GE Capital’s Commercial Distribution Finance business extended its strategic floorplan financing agreement with Independent Boat Builders Inc.
Offshore Financial named Kim Madigan to head its Mid-Atlantic region boat loan team in Annapolis, Md., as a marine finance specialist.
The National Marine Bankers Association announced that it will change its name to the National Marine Lenders Association.
The National Marine Bankers Association says 2013 might be the best year marine lenders have seen in years. The new NMBA quarterly survey for the period that ended Sept. 30 shows that 25 percent of all lender respondents said new-boat loan volume represented more than 50 percent of their activity in the third quarter. Last…more
Boat loans are a bit easier, but housing issues (foreclosures, short sales, lack of equity) still dog industry With the 2008 fall from the proverbial economic cliff a full five years behind us, boat dealers and manufacturers might be hopeful that by next season more people will return to buying new boats because some short…more