by Nancy Buddell | Jul 9, 2024 | Finance, Recreation
Are you letting customers who have challenging credit walk out the door without buying? Medallion Bank has spoken with thousands of recreation dealers over the years, and we have learned that at successful dealerships, often as much as 25% to 30% of financed retail...
by Brenda Greenwell | Jul 11, 2022 | Finance, Recreation
Understanding Your Customer’s Credit Scores WHAT IS BAD CREDIT? The recreation industry uses slightly different terminology, but if your customers have a FICO score between 600 and 650, they are considered to have poor credit. According to Credit.com, anything lower...
by Brenda Greenwell | May 9, 2022 | Recreation
Recreational Vehicle Financing Programs Sometimes we just need a break… a break from school, or work, or neighbors, or even just our daily routines. Trying new things and going on adventures helps us reconnect with ourselves and our families, recharging our mental...
by Brenda Greenwell | Apr 19, 2022 | Recreation
5 Benefits of Boat Ownership Owning a boat can bring up new options that those who are confined on dry ground just do not have. With so many sorts and sizes to pick from, it doesn’t matter if your goal is to fish nearby or go around the world. Many boats are...
by Brenda Greenwell | Feb 8, 2022 | Recreation
RV Financing for Dealerships The goal of recreational dealerships is to sell as much inventory as possible to turn a profit. Medallion Bank offers RV financing for dealerships so you can focus on what you do best, which is selling recreational vehicles. We finance...
by Brenda Greenwell | Jan 18, 2022 | Recreation
Why Recreation Dealers Need an Experienced Non-Prime Lender It takes a lot of effort to run a successful recreation dealership. From inventory to accounting, there are many moving pieces for dealerships to consider. But at the end of the day, the key to long-term...