The Recreation Vehicle Industry Association commissioned an Economic Impact Study on the RV industry, released on June 7, 2016. The study found that the RV industry contributes about $49.7 billion in economic output or 0.28 percent of the Gross Domestic Product. Through its production and distribution linkages, the industry impacts firms in 426 of the 440 sectors of the United States economy.
Nationwide, the industry is responsible for 216,170 jobs, both directly and inderectly, creating an economic impact of $37.5 billion. The full study results, along with each individual state and congressional district's economic impact is available on the website by clicking here .
Wed Feb 1, 2017
St. Petersburg, Florida - Priority One Financial Services, Inc. and First Internet Bank have partnered to assist RV and horse trailer dealers with their retail financial services.
Priority One is proud to bring new technology to these recreational dealers through First Internet Bank. With this bank, dealerships can accept customers’ signatures on loan documents by an electronic signature process using DocuSign, the world’s leading electronic signature company, according to a press release.
“We are excited to add this new lender to our dealers’ portfolios,” Priority One Vice President of Lending Lorraine Mariotti says. "This technology simplifies and alleviates lengthy customer closings for our dealer partners.”
First Internet Bank is available for dealerships working with Priority One in 16 states: California, Colorado, Florida, Georgia, Indiana, Iowa, Michigan, Minnesota, Montana, New York, North Carolina, Nebraska, Nevada, Ohio, Texas and Wisconsin.
Dealers can contact Priority One at 800-419-1341 for more information.