By keyblogadmin in marine equipment financing Posted June 30, 2017

Key Equipment Finance provides $53 million to VanEnkevort Tug & Barge Inc. to acquire Great Lakes Articulated Tug & Barge

Key Equipment Finance has provided $53 million in financing for VanEnkevort Tug & Barge, Inc. (VTB) for the acquisition of the newest tug barge in the Great Lakes through its marine finance group. In addition, the firm’s capital markets and syndications team served as sole lead arranger on the syndication of 50 percent of the transaction.


Commercial fishing vessels can gain advantages with equipment financing

Industrial fishing equipment can vary greatly from commercial fishing vessels to lobster boats to dry docks, but one commonality almost all marine vessels share: they can be financed.


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