Jim Coburn
Jim Coburn
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  • Macomb, MI
  • United States
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Jim Coburn updated their profile Sep 18, 2011
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New SBA 7a DFP Launches February 9, 2011

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The Small Business Administration has re-launched its new version 2.0 version of the Dealer Floor Plan (DFP) Program originally piloted in July, 2009 for marine and other dealerships who use and need floor plan financing. The updated 7a DFP program now extends until September 30, 2013, raises the loan maximum from $2 million to $5 million and provides a loan guarantee of 75% on floor plan lines of credit with a 100% advance rate.Please help our industry and get involved! If you are a lender,…See More
Jim Coburn added a discussion to the group Banking & Finance Feb 11, 2011
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Jim Coburn and Susan Patterson are now friends Nov 18, 2010
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Jim Coburn commented on Jim Sabia's group 'Banking & Finance'
The 31st NMBA Annual Conference concluded last week in San Diego as a success! Selected highlights: *Our president announced the very latest marine finance stats & trends in addition to the NMBA's solid lending outreach plans for our…
Nov 17, 2010
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Jim Coburn replied to Jim Coburn's discussion 'FICO Score Stats' in the group Banking & Finance
Like I suggested, improvement will not be "fast". As you mention Gary, the new score segments do not paint a completely accurate picture regarding some consumer's character and their inability to cure due to the economic crisis. The…
Jul 13, 2010
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Gary Rademaker replied to Jim Coburn's discussion 'FICO Score Stats' in the group Banking & Finance
Jim - many foreclosures are still on the horizon, and with little improvement in unemployment, other consumer credit will default or pay late. This downward trend in CB scores could continue, but may not paint the most accurate picture of the true…
Jul 13, 2010
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FICO Score Stats

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About 25% of all American consumers (43.4 million people) have a credit score below 600. The slow economic recovery and high unemployment are difficult trends working against fast imprvement.See July 12 USA today article...See More
Jim Coburn added a discussion to the group Banking & Finance Jul 13, 2010
2 Comments
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GMAC back in recreation finance game....

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GMAC back in rec finance game - this time with RVs.http://rv-pro.com/news/thor-selects-gmac-preferred-retail-finance-providerSee More
Jim Coburn added a discussion to the group Banking & Finance Apr 12, 2010
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Congratulate them!
Jim Coburn was featured Jan 26, 2010
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Jim Coburn commented on Jim Sabia's group 'Banking & Finance'
BB&T's CEO, Kelly King says "Now is the time to lend..." They believe lending can be expanded, right now, without being irresponsible. 1) Does your bank or your lending partner agree? 2) What are they doing to help and what…
Jan 26, 2010
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Jim Coburn commented on Jim Sabia's group 'Banking & Finance'
Collateral valuation is an art, not a science. You should give Len Sims at NADA a call. He knows way more about your/our industry than you may think.
Jan 6, 2010
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Jim Coburn commented on Jim Sabia's group 'Banking & Finance'
NADA Marine Appraisal Guide recognizes added value for brand new; non current boat models, starting with the January - April, 2010 edition.
Jan 5, 2010
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Jim Coburn commented on Lorraine Mariotti's blog post 'What are you leaving on the table?'
Agree. Well said, nice job.
Nov 24, 2009
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Just returned from a successful a NMBA conference (the 30th Annual) in Hilton Head, NC.
Status posted by Jim Coburn Nov 12, 2009
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Beth Rosenberg and Jim Coburn are now friends Oct 27, 2009
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NMBA 2009 MARINE LENDING WORKSHOP at Embassy Suites Hotel - Ft. Lauderdale, FL

December 6, 2009 to December 8, 2009
NMBA 2009 MARINE LENDING WORKSHOPDECEMBER 6-8See More
Jim Coburn is attending Jim Sabia's event Sep 29, 2009
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Profile Information

Do you agree to participate by blogging and commenting?
YES
Are you a legitimate member of the marine industry?
YES
What is your affiliation with the Marine Industry?
Banker
What marine products or services do you offer?
Financial Services
Please tell us about yourself... a brief autobiography.
Serious banker that knows a little bit about recreational finance.
What is your company's web address? (www.yourcompany.com)
http://www.marinebankers.org
How did you learn about or find www.marineindustry.org?
Invited.

Comment Wall (2 comments)

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At 7:53pm on November 17, 2010, Jim SabiaJim Sabia said…
Hi Jim, Is it possible to obtain info that was circulated at the meeting? Particularly credit score info? Thanks, jim
At 8:45am on January 26, 2010, Jim SabiaJim Sabia said…

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