All Finance & Insurance articles – Page 3
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NewsUS marine lenders see increase in boat loan defaults, but better than all other consumer loans
NMLA releases 43rd Annual Statistical Report
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NewsMarineMax increases floor plan by US$200m for future growth
Expansion fuels company’s liquidity and financial flexibility
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USAChad Lyon- Marine Industry Leader, Wells Fargo DF Marine Group
As the commercial leader for Wells Fargo Distribution Finance’s marine group, Chad Lyon oversees the US bank’s significant wholesale finance interests in the North American leisure marine sector.
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NewsUK equipment firm secures funding
Aquamare Marine teams up with LCA Investments to ensure continued growth
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NewsGlobal marine lending: it’s all local
Azul Marine Lending claims to be the only company to offer a guaranteed, long-term fix rate boat loan
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NewsNorthpoint partners with Elite Recreational Finance to expand marine sector
The partnership will combine Elite’s industry leading technology with Northpoint’s financial solutions
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NewsCanadian dealer partners with Golden Spruce Capital to fuel expansion
Pride Marine Group says investments will help fund marina acqusitions
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NewsFintech start-up completes pre-seed funding round
New boat-purchasing app expected to launch this autumn
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NewsMaltese yacht finance company in Palma
St Julian’s Maritime Finance actively marketed its services at PIBS last month
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NewsMalta-based yacht leasing firm expands services
St Julian’s Maritime Finance Ltd is now licensed as a non-banking financial institution
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NewsBank earmarks £30m for leisure marine and other core sector start-ups
DF Capital confirms inventory finance support for start-up businesses in core sectors, including marine
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NewsSheffield Financial renews Honda retail financing program
Multi-year arrangement includes boat packages pre-rigged with Honda outboards
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NewsToyota Motor Credit Corp to expand its North American boat financing
The agreement will expand Toyota’s relationship with Bass Pro Shops and Cabela’s
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InterviewWells Fargo Marine Group | Chad Lyon
Named commercial leader for Wells Fargo Distribution Finance Marine and RV group in May, Chad Lyon takes the reigns as head of the US bank’s significant leisure boating business following the retirement of Bruce Van Wagoner in April. IBI’s Craig Ritchie speaks with Lyon, coming into the leisure boat industry ...
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InterviewDLL Finance | Maarten Endel on boat finance
A subsidiary of Rabobank Group, DLL enters the leisure marine sector with launch of worldwide delear finance programs, leveraging its finance know-how and infrastructure to take market share in the boat business – a potential win-win for the industry
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NewsDLL expands offerings to European leisure marine market
The global financial solutions provider will provide floorplan financing and lines of credit to qualified dealers
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NewsPatrick Industries closes US$350m notes offering, credit facility
Increase in credit facility gives company ’dry powder’ for growth plans
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NewsUS marine lenders see highest Q1 volume in six years
More than three quarters of lenders see increase in loan volumes compared to Q1 2020
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NewsChinese company raises $15m for electric motors
Funds will be used to boost production as demand takes off; Forecasts see sales outstripping successful 2020 by a significant margin
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NewsSwedish builder X Shore raises significant funds to boost US expansion
Swedish electric boat builder announces €15m round of funding backed by a group of investors; announces new factory









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