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Law would repeal flawed vehicle financing guidance for RV dealers.
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Lauren Ebner, dealer coordinator of Priority One Financial Services, will host an educational webinar on Thursday, June 15 titled, “Understanding the Similarities and Differences of Revolving Lines of Credit and Installment Loans” for NATDA members.
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As this next phase begins for Northpoint, it is expected that the partnership with LBC Capital will only strengthen Northpoint’s offerings and ensure that they remain a long-term and powerful force in the market.
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Quantech General Manager Mike Martin has been promoted to president, replacing Jack Pyck who has retained the CEO position and retired from day to day operations.
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“BrokerCom addresses two common challenges faced by F&I Brokers, efficiently managing volumes of credit applications, and communicating deal funding status to dealership staff,” according to Mike Martin, Quantech, president.
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Priority One Financial Services, one of the RV industry’s oldest and largest F&I outsourcing provider, congratulates Susan Rontti for 10 fantastic years with the company. 
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The North American Trailer Dealers Association (NATDA) announced its preferred insurance agency in Trailer Makers Insurance.
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Laurentian Bank of Canada announced the planned acquisition of Northpoint Commercial Finance, which is among the leading U.S. and Canadian inventory finance lenders with a portfolio of approximately $892 million.
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RVDA announced that Diversified Insurance Management is a Bronze Partner for the 2017 RV Dealers International Convention/Expo.
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Since October, Newcoast's F&I services within the industry has experienced a “hockey stick” curve of exponential growth. By collaborating with a large lender base, Newcoast finds the “right fit” for various customer profiles.
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RVDA announced that MBA Insurance is a Bronze Partner for the 2017 RV Dealers International Convention/Expo. This is the eighteenth consecutive year that MBA Insurance has provided financial backing for the premier dealer education event of the year.
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RVDA announced that Ally is a Silver Partner for the 2017 RV Dealers International Convention/Expo. The company has been a major sponsor for seven consecutive years and continues to provide high-level financial backing for the premier dealer education event of the year in 2017.
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Net income of $214 million, compared to net income of $250 million for the first quarter of 2016, as increased net financing revenue from the loan portfolio was offset by declines in net lease revenue and increases in provision expense for loan loss and noninterest expense.
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RVDA announced that Protective Asset Protection is the Gold Partner for the 2017 RV Dealers International Convention/Expo.
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Huntington was after FirstMerit’s RV & Marine sector with its dealer network across 17 states. Huntington had its finger on the RV industry’s pulse. By October, the acquisition led to a 40-percent increase of the companies’ dealer network, going into 26 states, with RV dealerships comprising about 70 percent of the now 1,400 dealerships in the bolstered network.
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Priority One Financial Services, the recreational industry’s oldest and largest F&I outsourcing provider, has added account executive Tom Newell to Priority One’s equipment finance division.
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As of yesterday, in 26 states, RVs will be eligible to be put in a marketplace economy, whether using Outdoorsy or a rental dealership using Outdoorsy’s RV fleet management software Wheelbase.
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The U.S. Small Business Administration recently honored BB&T, a lender that serves the RV market, and First American Bank as the 2017 SBA Export Lenders of the Year.
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Riverside, Calif. owner of Eclipse RV, Joanne Trealoff, 61, was charged along with two other people for insurance fraud, according to a report by the Press Enterprise.
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The RVDA of Canada announced that it is entering into a new endorsement partnership with Wells Fargo Commercial Distribution Finance.

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