To keep an open dialogue between Soundings Trade Only and our readers, this week we added a comments section to the bottom of our e-newsletter stories.
This addition to our site coincided with an announcement by GE’s Commercial Distribution Finance business that it was increasing rates. In making the announcement, it said the changes are necessary to provide the “level of service and liquidity the industry requires.”
GE is the major player in floorplan financing for marine, with some estimating it has 75 to 80 percent of the business.
Our second GE story, an analysis of the rates, received 14 comments. All were well thought out, intelligent and provided insight into the affect the rate hike will have on dealers. We hope more of you will continue to let us know what you think.
We won’t publish comments deemed profane or obscene, personal attacks, those promoting specific products, or those including links to unrelated topics or materials.
In other words, use your best judgment.
Please keep the comments coming. We’d like to hear what you think about GE’s rate hikes, attendance at recent boat shows, or any of the topics we write about on Trade Only Today.
We want to hear from you.
— Beth Rosenberg