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 signs deal with BoatQuest

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.

NMBA announces name change

The National Marine Bankers Association announced that it will change its name to the National Marine Lenders Association.

NMBA survey sees increase in marine lending

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

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A lingering credit hangover

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

Catamaran builder signs floorplan deal with CGI Finance

CGI Finance announced a partnership and floorplan lending agreement with cruising catamaran builder Fountaine Pajot. The partnership provides exclusive global financing solutions to clients for the purchase of luxury catamarans and motoryachts and coincides with the recent launch of the Fountaine Pajot Motor Yachts brand, CGI announced. CGI and Fountaine Pajot will celebrate the partnership…more

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