As the economy and the marine industry have improved over the past few years, the floorplan financing market has followed suit. Banks are lending more as dealers are looking to stock more boats to meet consumer demand, which is causing dealers to experience high turn rates. “Growth in the marine industry has been great the past few years and inventory ...
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Industry mourns Richard Strickler
Richard M. Strickler, a strong marine industry advocate largely credited with driving the Grow Boating Campaign, died on Apr. 14, in Franklin, Tenn. He was 71. Strickler retired as executive vice president of the marine division of GE Commercial Finance’s Distribution Finance Unit in 2005. Strickler was a 32-year company veteran and a recognized industry financing leader, spending most of ...
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