National Marine Lenders Association

We make boating affordable!



I am truly honored to have been elected by the NMLA Board of Directors to serve as your President for the coming year and look forward to the opportunities ahead. Here are just a few highlights:

2019 marks the 40th Anniversary of the NMLA. We are extremely proud of the work we have done as an association in making marine financing widely available throughout the United States, and thank everyone who has helped us continue to grow and serve the boating community. We are planning a big celebration during the NMLA Annual Conference this November 10-12 at the Ocean Reef Club in Key Largo, FL, including numerous guest speakers, break-out discussions on pertinent industry topics, and of course plenty of opportunities to network with new and long-time industry friends. Please continue to check for email announcements and updates to this website in the weeks and months to come. This is one event you really don't want to miss!

Next on our schedule is the all important American Boating Congress May 13-19, 2019 at the Renaissance Hotel in Washington, DC. Once again, NMLA is a proud co-sponsor of the event and many NMLA Officers/Directors and members will be on hand. Attending ABC and participating in Capitol Hill visits with others from your state is the best way to educate your representatives on issues that impact your business. CLICK HERE if you're interested in joining us.

Data is currently being gathered and analyzed for NMLA's 2019 Statistical Report, the best compilation of marine lending statistics available anywhere in the U.S. This report is a must for any company or investor involved in the marine finance arena and will be available for purchase on this website in early Summer 2019.

And finally, many thanks to the 40 participants, instructors and panelists who recently attended our Marine Lending Workshop in Savannah, GA (March 3-5). If you haven't had the opportunity to join us for one of our Workshops, or perhaps know of folks new to our industry who might benefit from this valuable 2-day program, our next event will take place March 1-3, 2020  in Phoenix, AZ. 

Thank you for supporting the National Marine Lenders Association.  Best wishes for a prosperous and safe boating season. 

John Haymond, President




PRESIDENT - John Haymond, Medallion Bank

VICE PRESIDENT - Robert P. Dunford, Trident Funding LLC

SECRETARY - Jackie Forese, Forest Green Associates

TREASURER.- William Otto, Lake Effect Financial Services



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




AppOne, Inc.
First Commonwealth Bank


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.