Marine lender rebrands, aims to double portfolio

OceanPoint Marine Lending, the newly rebranded marine lending division of Bank Newport, aims to double its loan portfolio to $200 million in the next three to five years, Senior Vice President Director of Marine and Recreational Lending Larry Reagan told Powersports Finance. In 2018, the Middletown, R.I.-based Bank Newport acquired Offshore Financial to gain a […]

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