Workboat article dives deeper into lease accounting changes

July 26, 2016 Leave a comment

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.

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Overhauled lease accounting changes impact vessel leases

June 28, 2016 Leave a comment

Some marine industry companies use financing as a tool to charter or lease vessels so they can maximize returns while having flexibility in fleet size.

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Oil industry slump doesn't need to cast shadow on workboat finance

April 12, 2016 Leave a comment

Depite the offshore downturn, all is not lost for the workboat industry, says a new article in WorkBoat magazine by Key Equipment Finance's Ronnie Evans, director of marine finance.

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Key SVP helps preserve veterans’ stories through Library of Congress project

March 09, 2016 Leave a comment

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.

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Marine industry: Thinking of selling your workboat company?

January 13, 2016 Leave a comment

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. 

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Key sponsors National WWII Museum exhibit and boat restoration project during International Workboat Show

December 04, 2015 Leave a comment

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.

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Marine industry: why now is the right time to refinance

September 30, 2015 Leave a comment

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. 

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  • Workboat article dives deeper into lease accounting changes

  • Overhauled lease accounting changes impact vessel leases

  • Oil industry slump doesn't need to cast shadow on workboat finance

  • Key SVP helps preserve veterans’ stories through Library of Congress project

  • Marine industry: Thinking of selling your workboat company?

  • Key sponsors National WWII Museum exhibit and boat restoration project during International Workboat Show

  • Marine industry: why now is the right time to refinance

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