Categories
Leisure Marine

Brunswick reports strong Q2 results

Brunswick Corporation recently reported results for the second quarter of 2021, its boat segment posting an 80 percent increase in sales, due to increased sales volumes to dealers to meet continued strong retail customer demand as well as strong operational performance. The Freedom Boat Club contributed approximately 3 per cent of sales to the segment […]

Categories
Maritime, Commercial & Defence

Survitec receives £15 million bank guarantee facility

Global marine survival and safety solutions provider, Survitec, has announced it has completed a £15 million bank guarantee facility with Barclays Corporate Banking which will complement the company’s recent £270 million refinancing and £27.5 million super senior revolving capital facility. Survitec says all three agreements are part of its growth plans for its survival technology […]

Categories
Leisure Marine

Staggering increases in boat deals for Promarine Finance this year

Marine finance lender Promarine Finance has seen a 30% year-on-year increase in the number of finance deals from April to the end of September 2020. Promarine Finance offers fixed rate marine mortgages for new and used RIBs, motorboats, sailing yachts and canal boats over periods of two to 10 years. The company says that the […]