National Marine Lenders Association

We make boating affordable!



I have just returned from attending this year’s extremely productive American Boating Congress in Washington, DC. For those who may not be familiar with this all-important event, ABC is an opportunity to participate in congressional advocacy on the hill and personally experience what happens in Washington as 300+ industry advocates meet with their Senate and Congressional leaders to promote the Boating and Marine Finance industries. We know these efforts go a long way to educate our congressional leaders and provide positive change that can directly influence your businesses and recreational boating. What I learned is that our combined voices can make a difference.

The NMLA 2019 Annual Statistical Report is being compiled with final distribution anticipated early this summer. The report will be based on 12/31/18 year-end data gathered through questionnaires completed by over 50 marine lenders and then analyzed by Statistical Surveys, Inc. (SSI) and Avala, independent “third parties”. Many thanks to all involved in this important project.

The NMLA Conference Committee, chaired by Peggy Bodenreider and Jackie Forese, is deep into the planning stages for our 40th Anniversary Annual Conference (November 10-12). Registration is now “open”, and I suggest you make your Ocean Reef Club room reservations early as we are expecting a large turnout. For a more information including this year’s registration form, CLICK HERE  

As always, thank you so very much for your support of the National Marine Lenders Association. I look forward to seeing you at a future industry event and learning from your comments and suggestions as to how we can improve this industry.

Have a successful and enjoyable 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.
Dealer Profit Services, LLC
Elite Financial International, LLC
First Commonwealth Bank
TruNorth Dealer Services


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.