Tag Archives: sba

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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Good news for a change

The boating industry received several pieces of positive news this week as the National Marine Bankers Association reported signs of stabilizing retail boat prices, the federal government reached a decision that will allow more dealerships to qualify for SBA loans, and IBEX organizers said that attendance at this year’s event was up 13 percent from 2009. In a release Thursday, ...

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A look at the small business bill

With Congress back in session this week, the Senate approved a bill yesterday that has the support of both the National Marine Manufacturers Association and the Marine Retailers Association of America, who believe it will provide tax relief for small businesses and improve access to loans. Key provisions of the bill include the creation of a $30 billion fund that ...

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