Home

World news focus | US loan market: Credit crunch to crisis?

By 2008-11-01T15:00:00

KeyBank’s announcement last month that it would be exiting the consumer boat loan business is a major blow for US dealers, cutting their available loan source just as credit requirements are ratcheted up. The move has already forced some to pull the plug

 
Subscribe to IBI Plus
Subscribe to unlock this article

Keep reading for
£1 a week

Subscribe to IBI Plus


Subscribe today for just £1 and enjoy unlimited access to
every article and story at ibinews.com and in the daily newsletter


With IBI Plus, you’ll enjoy:

  • +Unrestricted access to all subscriber-only content
  • +Explore 50,000+ archived articles and stories
  • +Tap into 50+ years of global boating insight
  • +Access exclusive market and company data to find out where your business stands
  • +Read sector and country reports across established and emerging markets

SUBSCRIBE Just £1 a week

There’s no commitment, you can cancel any time.

Already a subscriber? Log in