All Finance & Insurance articles – Page 7
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NMLA study shows slowing loans for new boats in US
The National Marine Lenders Association says the percentage of its members originating new loans in Q3 2015 is the lowest it has been in two years
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Florida loan provider gets US$25m funding for used-boat sales
Boat Finance LLC received the funds from Blue Elephant Capital Management
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Suntex raises over US$200m of equity commitments
Bill Anderson, president of Westrec Marinas, has also joined the Suntex Board of Directors
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New boat finance brand launches
UK-based Pegasus Marine Finance to offer flexible options with boat loans from £5k-£250k
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GE Capital to be sold to Wells Fargo
The deal is expected to be finalised in the first quarter of 2016
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New capital lending initiative for South Africa
Export Credit Insurance Corp (ECIC) to insure boat financing deals on behalf of SA government
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Camper & Nicholsons expands services offering
Property, insurance services, refit and repairs, and financial services are all new areas of operations for C&N
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NMLA releases marine lending performance trends
The 2015 NMLA Annual Report says loan volumes improved in 2014
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Honda Marine names new inventory provider
Northpoint Commercial Finance is now the exclusive provider of Honda's dealer finance programme
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US government selects Miami show for its International Buyer Program
Miami was the only boat show of 23 US trade shows selected for the program
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Australian satellite company investigated over loans to sister yacht firm
Australian and US government agencies said to be investigating loans made by the former CEO of NewSat to his boatbuilding company, Cresta Motor Yachts
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S2 Yachts teams up with US insurance broker
The parent of Pursuit Boats and Tiara Yachts is working with Atlass Insurance to provide owners with a host of benefits
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Mercury Finance appoints general manager
Trevor Hutchings has a wealth of experience in banking and financial service organisations
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GE launches bidding process for GE Capital assets
Deal not expected to close until the second half of the year
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CGI develops online finance quoting system
Potential boat buyers are now able to obtain fast and accurate quotes online
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Diverse second day at Singapore yacht conference
A wide range of subjects was addressed on the second day of the Asia Pacific Yachting Conference in Singapore
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Wells Fargo eyes GE Capital?
Rumours are circulating that the bank is in early stage talks with General Electric to buy its US commercial lending and leasing portfolio
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NMMA shutters Chicago show
The 2015 Progressive Chicago In-Water Boat Show was due to be held in June