Tag Archives: floor plan

MarineMax continues growth with increased floor plan

MarineMax, Inc. announced the expansion of its floor plan facility from $750 million to $950 million, further increasing the company’s liquidity and financial flexibility for the future. “The expansion of our floor plan facility, as provided by the accordion feature of our credit facilities, underscores the success of our growth strategy and the strength of our balance sheet,” said Michael ...

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New SBA rules: What does this mean for your boat dealership?

By Bill Thompson, Cardinal Points Network — Throughout the summer Congress bantered about the Small Business Jobs Act of 2010, touting it as the next brick to rebuilding our economy.  The Act was finally signed into law in late September.  Now the question is what does this mean to a boat dealership? While the boat industry has concentrated discussion around ...

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