Doral Marine unveils floorplan financing

Publish date:
Social count:

Canadian boatbuilder Doral Marine is offering its U.S. and international dealers a new floorplan financing plan with Northstar Trade Finance.

“Doral confirmed with Northstar Trade Finance because they are a specialized institution in foreign buyers credit since 1994,” Doral said in a statement.

Doral is one of Canada’s largest builders of sport yachts, express cruisers and sportboats.


Senator visits Tiara Yachts

Sen. Gary Peters, D-Mich., toured the Tiara Yachts headquarters in Holland, Mich., to meet the workers and learn about the impact of the company on the local economy, as well as the impact of boating on a state and national level.

Strong boat sales in February

Boat sales were up 2.5 percent last month in the main powerboat segments, according to Statistical Surveys Inc. data from 28 early reporting states, and up 1.1 percent across all categories.

Mixed messages on the economy

Markets tumbled on Monday as embattled Facebook sparked a tech selloff — the most recent illustration of the mixed economic indicators prevalent in the news.

Glastron adds Maine dealer

Expanding its dealer network in Maine, Glastron boats, a division of Groupe Beneteau’s Cadillac, Mich., operations, has named Branch Pond Marine as the newest addition to their distribution channel.