CLEVELAND – The Key Recreation Lending Division of KeyBank USA is reporting good results from the 2004 Yacht & Brokerage Show on Miami Beach, Feb. 12-16, a company release said Friday.
Kenneth R. Landon, CEO of Key Recreation Lending and executive vice president of KeyCorp, reports a “noticeable increase in boat loan applications since the show,” the statement reported.
"We were very pleased with the activity at the 2004 Yacht & Brokerage Show," said Landon. "There was a strong sense that consumer confidence is building among boating and yachting enthusiasts, and people are ready to buy.
"We're hearing good reports from all sectors, including manufacturers, dealers, brokers and correspondent marine lenders."