All Finance & Insurance articles – Page 2
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News
MarineMax increases floor plan by US$200m for future growth
Expansion fuels company’s liquidity and financial flexibility
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USA
Chad 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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News
UK equipment firm secures funding
Aquamare Marine teams up with LCA Investments to ensure continued growth
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News
Global 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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News
Northpoint 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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News
Canadian dealer partners with Golden Spruce Capital to fuel expansion
Pride Marine Group says investments will help fund marina acqusitions
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News
Fintech start-up completes pre-seed funding round
New boat-purchasing app expected to launch this autumn
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News
Maltese yacht finance company in Palma
St Julian’s Maritime Finance actively marketed its services at PIBS last month
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News
Malta-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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News
Bank 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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News
Sheffield Financial renews Honda retail financing program
Multi-year arrangement includes boat packages pre-rigged with Honda outboards
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News
Toyota 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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Interview
Wells 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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Interview
DLL 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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News
DLL 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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News
Patrick Industries closes US$350m notes offering, credit facility
Increase in credit facility gives company ’dry powder’ for growth plans
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News
US 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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News
Chinese 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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News
Swedish 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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Article
Part 3 | Prospects for change and rationalisation in the boating industry, plus the role of IPOs
IBI In-Depth: A three-part series tracking the mixed outcomes for investors from the early pioneers of fibre glass production to the latest wave of investment by private equity firms, wealthy individuals, state-backed Chinese corporations and initial public offerings – which are becoming more frequent as witnessed by today`s announcement ...