There is no larger question mark in the marina industry than when marina lending will return. Never since the great depression have we had such an example of what happens when the lending dollars stop flowing. So what are the signs that marina financing is coming back? It seems that each recession is different, yet the.
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Marina Financing Debt Restructuring Article Released!
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Posted by John Simpson
It's no secret that marinas and every other type of commercial property are feeling the squeeze. If you're a marina owner faced with a cash flow problem or think you might be in 2009, what are your options? I'm sorry to say that doing nothing is the worst thing you can do. ![]()
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Read moreHow Lenders Can Safely Lend On Marinas – Part 2 of 2
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Posted by John Simpson
None of the major banks have made marina loans for years. That's left room for small banks, finance companies and hard money lenders. I've addressed the two biggest myths to making marina loans on the prior blog to this series. So how do we structure a marina loan to minimize risk? Bottom Line It For Me Read more