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Welcome to the National Marine Lenders Association

The National Marine Lenders Association (NMLA) was formed in 1979 by founding directors Bill Otto, Jackie Forese, and the late Don Mattocks. It was created, and continues today, to educate current and prospective lenders in marine financing procedures, promote the extension of credit to consumer and trade borrowers, maintain alliances with industry partners, measure and report on the vitality of the marine lending market, and actively maintain networking and communication benefits for its members.

The National Marine Lenders Association is made up of banks, loan origination companies (service companies), finance companies, credit unions and other industry professionals. For visitors to this website in search of financing options, please select the FOR BOAT BUYERS tab at the top of this screen. If you are involved in marine lending and interested in becoming a member of the NMLA, please select the JOIN THE NMLA tab for additional information and an application. 

Thank you for visiting this website. For additional information, please feel free to contact us at (410) 980-1401 or via email at




The Mid-Atlantic and New England states are finally seeing a break in the weather and the Great Lakes region can't be far behind. Loan activity has started to pick up and according to recent industry and boat show statistics, people are seriously thinking about this year's boating season. NMMA reported a very successful Miami International Boat Show, up in attendance by 4% over 2015. Per NMMA's president, Thom Dammrich, "exhibitors reported strong sales, with many reporting increases from 20% to 400%. All told, initial data indicate the 2016 event will likely meet or exceet its $597 million economic impact from previous years". And let's not forget about this month's Palm Beach International Boat Show. Once all the data is in, Show Management predicts this will be "the largest PB Show in its 31-year history" with 8% more boats on display. All excellent indicators for the months ahead.

Your NMLA had a very productive Board of Directors meeting earlier this month, and plans are well underway for the upcoming 2016 Annual Lenders Conference at the oceanfront King & Prince Resort in St. Simons, GA (September 25-27). We hope to have the agenda finalized very soon and will keep you informed via email and through this website of speakers and events. In addition to fine-tuning this year's conference activities, the board is considering a number of site options for the 2017 Annual Conference (more information to follow on that topic shortly). Other items covered at our meeting included finalizing our 2016 Annual Sponsor Benefits Program, defining marketing plans for 2016, and reviewing the production time-line for the 2016 Annual Report. If you are a marine lender, we hope you willl consider participating in this all-important survey. For more information, please contact NMLA Director Jim Coburn at (586) 530-3935.

Many thanks to this year's Marine Lenders Workshop instructors, panelists and attendees. Because of you, the event was a great success! 100% of the attendees surveyed said they would recommend the Workshop to others at their companies, a true testament to the quality of the information presented. Next year's Workshop will take place in early March, so if you missed this year's program, please mark your calendar for 2017. 

And finally, if you happen to be in the Washington, DC area next month, please plan to join representatives from NMLA's Legislative Committee as well as representatives from NMMA, MRAA, Boat/US and YBAA (NMLA members), and other important marine industry partners, at the 2016 American Boating Congress (May 9-11). Attending ABC with others from your region is the best way to educate your government representatives on issues that impact your business. For more information, visit

Have a great month, everyone!



C1 Bank
Cox, Wootton, Lerner, Griffin & Hansen, LLP
Dona Jenkins Maritime Document Service, Inc.
Finance Solution LLC
Independent Bank
Jack Martin & Associates, Inc.
Marwedel, Minichello and Reeb, P.C.
MB Financial Bank, N.A.
New England Marine Documentation
Southeast Financial
USAlliance Federal Credit Union
Yacht Brokers Association of America (YBAA)



All of our sponsor companies - banks, financial services providers, dealers, title and USCG documentation companies, marine surveyors, marine insurance companies, recovery/liquidators, maritime attorneys, and technology service providers, are involved in the marine industry. So, whether you are a current NMLA member, an industry affiliate, a boat dealer/broker, or a boat buyer, NMLA sponsors are the businesses you should be working with. 

It is our pleasure to provide you with the contract information of our sponsor companies as well as a brief description of the services each one offersPlease visit our “SPONSOR LINKS” tab at the top of this webpage.