National Marine Lenders Association

We make boating affordable!





During this Holiday Season and as the year comes to a close, there is no better time to express my sincere thanks to the NMLA Board of Directors, this year's committee participants, the generosity of the 2017 sponsors, and of course, to our members, for a great year.

Your contributions and ongoing support of the NMLA during 2017 gave us the opportunity to gather in Indian Wells, CA this past October for one of our largest and most successful annual conferences, share marine lending "best practices" with the attendees during our March 2017 marine lending workshop, to again generate the finest composite of marine lending statistics anywhere in the U.S. - our 2017 Annual Report - and, to share industry and legislative news with you throughout the year via this newsletter, the "Snapshot" survey, email communications, and the NMLA website. Thank you for making everything we do possible.

Wishing you, your family, and your staff a Happy, Healthy and Prosperous New Year!

Dennis Poer, President



PRESIDENT - Dennis Poer, Bank of the Ozarks

VICE PRESIDENT - John Haymond, Medallion Bank

SECRETARY - Nikki Bates, Intercoastal Financial Group

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



Bank of America, N.A.
Boat Finance LLC
Captain's Choice, LL
Community First Bank
Elite Recreational Finance, LLC
First Approval Source, LLC
Lenders Risk Services, Inc.
Luxury Financial Group
Reliable Documentation, Inc.


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.