Marine Lending Workshop

Basics of recreational marine lending are addressed during the NMBA's Annual Marine Lending Workshop usually scheduled in early December each year. The comprehensive two-day program is specifically designed for those entering or specializing in this unique branch of consumer lending and provides a complete course on the various elements of pleasure boat financing.  Sessions include:

• Industry Overview
• Market Planning and Development: Elements of a Successful Marketing Strategy
• Marine Insurance: Protecting the Collateral Investment
• Collateral Evaluation: Assessing Accurate and Reliable Values
• Credit Analysis: Perspective and Technique
• Registration and Lien Perfection: State and Federal Registrations
• Collection and Repossession: Successful Management of Problem Accounts
• Collateral Remarketing and Liquidation: How to Minimize Losses Through Effective Marketing

NMBA’s goal is to prepare industry lenders, collectors and sales personnel to recognize the potential and the risks of this niche lending sector. With enrollment limited, each participant is assured access to instructors. During evenings and breakouts, attendees can schedule private consultations with instructors to discuss areas of concern or situations that may be unique to their enterprise or marketplace. Each participant receives a comprehensive 200-page reference manual. Instructors are expert marine lenders, collectors, asset managers, attorneys and insurance specialists with extensive marine experience.

The cost of the program is $595 for NMBA members and $695 for non-members.  For more information, click here.