MRAA: Petition Congress to ease credit markets - Trade Only Today

MRAA: Petition Congress to ease credit markets

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The Marine Retailers Association of America is urging its members to ask their Congressional representatives for help in loosening the credit markets.

“We believe the next round of assistance to the financial industry will be debated in Congress in the next several weeks,” the MRAA said in an alert to its members. “This plan will likely focus on loan modifications to home mortgages, but the opportunity will be presented to open the availability of all credit.

“It is clear to MRAA that dealers are losing sales due to the credit crunch contributing to the severe downturn in new boat sales. … If you concur that closure of credit has had an adverse impact on boat sales, MRAA asks that you help our industry,” the alert says.

Click here to read the full alert.

Click here for a sample letter to send to Congress.

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Territory Sales Manager- Central States - HydroHoist

HydroHoist Marine Group, Inc. (HMG), founded in 1964, is the world’s leading hydro-pneumatic boat lift company specializing in the manufacture, sale and service of boat lifts, power pedestals through our innovative HyPower division and other marine related products.