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The beautiful Ft. Lauderdale Marina Marriott was the location for NMBA’s 12th Marine Lending Workshop where 46 attendees eagerly participated in classes designed for the marine lending professional. Robin Cottmeyer, NMBA’s Workshop Coordinator and a past NMBA President felt this was the most successful session to date. "Turnout was excellent” said Cottmeyer of the December 5-7 event. "No matter what the experience level of the attendee was, everyone took home information that they weren’t previously aware of."
The program is targeted toward improving the skills of those folks involved in the industry on a daily basis as well as introducing the specialized nature of lending, marketing and collection techniques to people new to the marine finance field. This year's mix was a great cross-section of attendees, including banks, service companies, and industry associates (remarketers and dealers). Studies covered everything from an overview of the marine market to modules on marketing techniques, insurance, registration and lien perfection, credit underwriting, collateral evaluation, collection, and recovery methods. Taught by seasoned maritime professionals, the days were packed with information and interaction between instructors and students, while the evening events (such as the sponsored cruise up the Intercoastal Waterway aboard the yacht "Eastern Star"), were perfect networking opportunities.
The NMBA would like to thank the following sponsors who helped make this workshop a success: American Yacht Sales and Recovery, LAB Marine, National Liquidators, Northeast Marine Liquidation, Marine Recovery Services, Atlantic Boat Documentation, the law firm of Holland & Knight, Manheim Auctions and Peter Kehoe and Associates. Next year's workshop is planned for similar December dates.
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