Tag Archive | "marine dealerships"

Protective Launches New FPC Premium Marine Protection Program

CHESTERFIELD, Mo. — Protective Asset Protection has launched a new version of its longstanding marine F&I program, FPC Premium Marine Protection Program. The updated service contract program is available to marine dealers in all states except Washington as of Nov. 1, 2017.

The program enhancements are extensive and include an overhaul of engine and accessory coverage to better meet the needs of today’s watercraft. The additional benefits available with the FPC Marine program are now available with all engine and accessory coverage.

New engines now have exclusionary coverage and the enhanced program offering includes an increase in both deductible options and eligible model years. Protective Asset Protection has also included a dealer participation program for all dealers offering the FPC Premium Marine Protection Program.

For more, visit www.protective-fpc.com.

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Medallion Bank Joins AppOne Platform

MINNEAPOLIS — Wolters Kluwer Financial Services announced that Medallion Bank has joined its AppOne platform, which automates the indirect lending, credit approval and compliance processes for lenders and the RV and marine dealers with which they work.

“With current economic challenges, dealers need access to more nonprime lenders in particular — even for customers that have good financial standing,” said Jason Marx, vice president and general manager of indirect lending and mortgage at Wolters Kluwer Financial Services. “Working with Medallion Bank supports our goal to provide dealerships with a complete portfolio of lenders to help with the various financing needs of their customers.”

Medallion Bank specializes in financing customers with past credit problems and provides financing to bank-approved marine and RV dealers across the country.

“Not only will AppOne help us simplify our loan approval and origination process, but it will also help us connect with more marine and RV dealers across the country,” said John Haymond, vice president of business development at Medallion Bank. “This is a key benefit for our business as we focus on sustainable growth.”

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