Nominations open for lending industry awards
September 16, 2011
CHICAGO – Nominations for the NMBA’s William B. Otto III Industry Service award are being accepted until Sept. 30. The award is presented every year at the NMBA annual members conference. The award is named for founding member and former president of the organization Bill Otto. The service... Read more »
Wolters Kluwer expands AppOne with addition of MB Bank
September 15, 2011
MINNEAPOLIS – AppOne, the Wolters Kluwer platform that automates indirect lending, credit approval and compliance processes for lenders and dealerships, has expanded to include MB Financial Bank. MB Financial has been a part of the AppOne platform since last year for motorcycle dealers and is now... Read more »
Medallion Bank joins Wolters Kluwer’s AppOne platform
August 30, 2011
MINNEAPOLIS, Minn. – Wolters Kluwer announced today that Medallion Bank has joined their AppOne platform, a program that automates indirect lending, credit approval, and compliance processes, between lenders and RV/Marine dealers. The AppOne program will help Medallion Bank, which specializes in financing... Read more »
Insurance company lists boating safety tips
August 11, 2011
TORRANCE, Calif. — Post Insurance Services Inc., an insurance company specializing in marine policies, recommends these tips to its boating customers for a safe experience. 1. Check the weather. Assess weather conditions before heading out but if you notice an abrupt change in the weather, play it... Read more »
Wolters Kluwer Financial Services expands NADAguides partnership to marine
August 9, 2011
MINNEAPOLIS, Minn. — Wolters Kluwer Financial Services will provide dealerships utilizing its AppOne platform with the ability to easily access NADAguides valuation data for boats, recreational vehicles (RVs) and powersports vehicles. AppOne automates the indirect lending, credit approval and loan... Read more »
Brunswick boat sales up 10 percent in Q2
July 28, 2011
LAKE FOREST, Ill. – A 10-percent increase in boat sales helped Brunswick Corporation record an 8-percent increase in net sales and an increase in its net earnings of $55.6 million, in the second quarter of 2011, when compared to the same quarter of last year. “Our second quarter results reflected... Read more »
MarineMax Reports 33-percent increase in same-store sales
July 28, 2011
CLEARWATER, Fla., — MarineMax, Inc., the nation’s largest recreational boat retailer, today announced that it increased its same-store sales by 33 percent in its third quarter of 2011, compared to the same quarter of 2010. The company reported revenue of $153.2 million for the quarter ended June... Read more »
Moody’s upgrades Brunswick Corp. rating
July 14, 2011
LAKE FOREST, Ill. — Moody’s Investors Service has upgraded Brunswick Corp.’s speculative-grade rating due to the company’s potential for greater demand and improved cost structure. Moody’s also noted stronger earnings on a sales rebound. Other signs for potential improvement include... Read more »
Sheffield expands BRP coverage to Evinrude engines
June 14, 2011
CLEMMONS, N.C. — Sheffield Financial has expanded its coverage of BRP powersports products to include Evinrude outboard engines, according to a release from the company. By adding outboard engines, Sheffield, which has specialized in the powersports industry for the past 10 years, is expanding its... Read more »
Marinalife develops boater insurance program
June 9, 2011
BALTIMORE, Md. — Marinalife announced its new Boaters Insurance Program. The program is under the banner of Marinalife Insurance Services. The program is led by Peter Teuten, a marine insurance and risk management specialist. “Offering insurance is a natural extension of our comprehensive service... Read more »
