In its second article in a two-part series on lease accounting changes, Workboat magazine describes how the new rules are not dimishing the benefits to leasing and financing marine equipment and why the strategy remains strong.Read More »
Joe Messineo always had been fascinated and inspired by the stories of brave servicemen and women who put their lives on the line.
Last year, Messineo, a senior vice president with Key Equipment Finance in Syracuse, N.Y., decided that simply reading and hearing those stories wasn’t enough.Read More »
In the marine industry, there's been a noticeable increase recently in merger and acquisition activity, and those considering a deal should ask a lot of questions as they weigh their options.Read More »
KeyBank is proud to sponsor The National WWII Museum's booth at this week's International Workboat Show in New Orleans, where Ronnie Evans, national director of commercial marine finance, assisted at the exhibit while also answering questions about equipment financing in the marine sector.
Falling oil prices have had a big impact on the marine industry, which means most workboat operators aren't looking to invest in new boats and barges right now. But just because you're not in the market to fund your new build program doesn't mean that now is the time to ignore your existing fleet's investment. In fact, if you're in the workboat industry, now might be the perfect time to take a closer look at your existing loan portfolios.
Ronnie Evans, director of marine finance at Key Equipment Finance, discussed the ins and outs of refinancing commercial loans in his latest column for WorkBoat magazine. He explains that while it's a good idea for all companies with commercial loans to take stock of those loans on a regular basis, there's no better time than when business has slowed and interest rates are still at historic lows.Read More »