Issue link: https://read.dmtmag.com/i/173871
LIST Finance & Insurance Finance & Insurance As the financing market tightened, many dealers began looking for more options for financing their inventory and for helping their customers get loans. Now, as the market begins loosening up, many financing companies offer a renewed commitment to the marine industry and to helping its dealership and manufacturer partners succeed. If you're looking to continue to expand the number of financing vendors your business works with, look no further than the 2013 Boating Industry Finance Guide. 33% ยป Lenders that reported improved credit in recent NMBA survey / ng ci e il an rin e a n r a c et Fi re /R n M in tu g le er ng di S ac in sa g um nci ve ance le orin uf anc l ns a ho vo an n Description of Services W Flo Co Fin In Fin M Fi Phone/ Website/ Email Finance Source Contact Person Address BANK OF THE WEST Molly Hardin 2527 Camino Ramon San Ramon, CA 94583 925-843-5030 www.bankofthewest.com molly.hardin@ bankofthewest.com 1984 Yes Yes No Retail lending, floorplanning only as part of a commercial banking relationship. BB&T RECREATIONAL LENDING Rick Compton 265 W. Franklin Blvd. Floor #3 Gastonia, NC 28052-4144 704-852-5541 www.bbt.com rcompton@bbandt.com 1970 Yes No Yes Full-service banking, indirect consumer financing, commercial loans and insurance products for marine dealers. BLUE WATER FINANCE, INC. Scott Ward 1 N Field Court Lake Forest, IL 60045 866-350-2583 1999 Yes No Yes Blue Water Finance, Inc. helps marine dealers sell and deliver more boats by providing retail financing programs with more than 12 national, regional, prime and subprime lenders. Using BlueNet, our proprietary loan processing and communication system, dealers remain close to every transaction. BRUNSWICK ACCEPTANCE COMPANY Ed Bragg 500 West Monroe Chicago, IL 60661 866-873-8232 www.gecdf.com ed.bragg@ge.com 1965 No Yes Yes Brunswick Acceptance Company is an arrangement between Brunswick Corporation and GE's Commercial Distribution Finance unit. We offer creative financial solutions and consistent, high-quality service to the domestic Brunswick Boat Group and Mercury Marine dealer networks. Brunswick Acceptance will work with you to meet your financial and service needs. DEALER FINANCIAL SERVICES GROUP Vernon Blanc 18167 US 19 N, Ste. 350 Clearwater, FL 33764 888-701-0056 ext. 14552 www.dealerfsg.com vernon@dealerfsg.com 1992 Yes No No DFSG is the marine industry leader providing retail dealer direct finance and insurance options and F&I office outsourced management. GE CAPITAL, COMMERCIAL DISTRIBUTION FINANCE Ed Bragg 500 West Monroe St. Chicago, IL 60661 248-625-3650 www.gecdf.com ed.bragg@ge.com 1965 No Yes Yes Offering manufacturers and dealers inventory and accounts receivable financing, asset-based lending, private label financing, collateral management, e-commerce services and related financial products. 4202 Spicewood Springs Rd., Ste. 108 Austin , TX 78759 888-838-5035 www.inetrec.com 1991 Yes No No National source of consumer lending for marine products. Also provides insurance to consumers and dealers and offers competitive insurance products in 47 states. 6535 Tolo Rd. Central Point, OR 97502 877-432-9378 www.ktkfinancial.com teresa@ktkfinancial.com 1998 Yes No No At KTK, our goal is not only to increase your delivered sales through a higher approval ratio, but to increase your financing profits as well. 1 Fountain Plaza, 8th Floor Buffalo, NY 14203 716-848-3972 www.mandtbank.com 1970 Yes No No An Eastern U.S. super-regional bank holding company, M&T offers competitive indirect consumer financing for marine dealers and select service companies. 301 SE 20th St. Fort Lauderdale, FL 33316 954-764-3010 www.eyachtloan.com jeff.johnson@eyacht loan.com 1980 Yes No No Maritime Finance originates quality yacht loans for a network of participating lenders. Maritime's team of experienced yacht financing professionals are dedicated to delivering unparalleled service, integrity and confidentiality. INET KTK FINANCIAL SERVICES Teresa Goggia M&T BANK MARITIME FINANCE LLC Jeff Johnson 40 | Boating Industry | October 2013 P40x41-BI13OCT-FinanceGuide.indd 40 www.bluewaterfinance.com scott.ward@bluewater finance.com www.BoatingIndustry.com 9/5/13 11:49 AM