DALLAS — Marine One Acceptance Corp. continues to see growth in the side-by-side segment, despite tightening lending criteria at the end of last year, President Martin Angel told Powersports Finance.
The side-by-side segment has grown in each of the past several years, and it is growing again this year, he said. Marine One “tightened up the program a little bit” by increasing down payments required based on portfolio performance, but the volume is still growing, he said. Angel declined to offer the lender’s origination volume.
