Marathon Specialty Finance
Published: Monday, July 26, 2021
Troy and Maureen Tiedeman have been leaders in the Marine & RV Industry for over 20 years. Both have been members of the National Marine Lenders Association for 20+ years—and as Emerald States for the last several years.
Troy grew up in the lakes of northern Minnesota as an avid boater, and Maureen grew up around marinas in the Jersey Shore. Together, the Tiedemans previously owned Blue Water Finance, which was purchased by Brunswick Corp in 2006. Currently, the Tiedemans own Marathon Specialty Finance which has been in operation for the last five years, and Marathon Xpress, the indirect division in operation the last four years.
The companies have multiple offices across the United States including their Wilmington, NC, headquarters and additional locations in Eagle, ID; Ohio, Florida, and Lake of the Ozarks.
In 2020, Marathon Specialty Finance financed 101,452,000.00, units of 1,383. Marathon Xpress financed 124,950.00 million, units of 2,616.
With the introduction of the New Private Client Group, the Tiedemans will further focus on the larger ticket items and believe that Marathon and M&T can build a strategic long term partnership.
Forward looking with Private Client Group: Looking to build a portfolio of larger ticket deals on average of 223,000 adding an additional revenue of 100 million for total sales of over 200 million for our Specialty side.
www.marathonspecialtyfinance.com/boat
A version of this article appeared in the Summer Issue (July/August) 2021 of Great Lakes Scuttlebutt magazine.
tags: Financing
