Jim Coburn is the managing partner of Coburn and Associates, a Michigan-based financial services consulting firm he founded in 2010.
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.
Jeanneau/Prestige Yachts is partnering with LH-Finance, continuing a growing collaboration between the finance company and Groupe Beneteau.
Cruising catamaran builder Lagoon Catamarans is partnering with L-H Finance to offer a VIP program at the upcoming Miami International Boat Show and Yachts Miami Beach, two separately owned boat shows that will run concurrently from Feb. 16-20.
Beneteau America said it has a new strategic partnership with LH-Finance that will start at the Miami boat shows in February.
Marine financing specialist L-H Finance said it has a new strategic partnership with Formula Boats, a family-owned company in Decatur, Ind.
Marine financing specialist LH-Finance said it has a new strategic partnership with Bavaria Yachts.
LH-Finance entered into a partnership with the Active Interest Media Marine Group that will give the financing firm’s clients VIP benefits at AIM boat shows and in new boat dealerships.
Northpoint Commercial Finance said it developed a relationship with Plantation Boat Mart in Florida, providing exclusive financing for HydraSports Custom boats.
LH-Finance, the marine division of United Bank in Glastonbury, Conn., today announced an enhanced partnership with Dufour Yachts.
After spending 20-plus years working her way up the corporate ladder at Maryland National Bank, Karen Trostle decided she could start her own marine loan origination company.