KeyBank marine finance team upbeat about Palm Beach show

WEST PALM BEACH, Fla. – The Key Recreation Lending team from KeyBank USA is gearing up for healthy business activity at the Palm Beach Boat Show, according to a statement released by the company yesterday.

KeyBank USA, the official bank of the 2004 Palm Beach Boat Show, to be held March 25-28, said it is encouraged by the March 16 Federal Reserve announcement that the federal fund rate will remain at a 45-year low.

“We are continuing to see some of the best market conditions in many years for boat buyers,” said Kenneth R. Landon, CEO of Key Recreation Lending and executive vice president of KeyCorp. “We’re hearing good reports from all sectors, including manufacturers, dealers, brokers and correspondent marine lenders.”

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