National Marine Lenders Association

We make boating affordable!





I am honored to serve as NMLA's 2017 President and hope you will join me in thanking our Immediate Past President, Michael Bryant, for his service and many accomplishments over the past four years. Please also join me in welcoming our newest Directors, Robert Dunford, Jr. (Trident Funding Corporation) and Matt Anderson (Global Marine Insurance Agency) and Cindy Bassett (Huntington Bank).

We should all be extremely proud of today's NMLA and the many things we continue to do well. Just to name a few:

  • Each year, we put on a world class conference and bring together key industry folks for education, fellowship, and forging business connections. 
  • Education has always been a cornerstone of the NMLA and our “best practice” Marine Lending Workshop provides an excellent overview of all of the key aspects of our industry.
  • For the past 36 years, the National Marine Lenders Association has compiled the most comprehensive marine finance market study in the United States, the NMLA Annual Report. The statistics presented in this 100+ page report are extremely beneficial to every decision maker in the industry.
  • NMLA's Legislative Committee keeps us abreast of the legislative environment including opportunities, changes, and matters that could have an impact on our industry and its players. 
  • Communication is a key element to any association and we continually refine our marketing programs. Our goal is to publish our newsletter, “The Business of Pleasure Boating”, three times during 2017. Additionally, we will continue to keep everyone informed of important issues and events through frequent email “blasts”, increase our visibility though social media, share the perceptions of our Lender Members responses to the “Snapshot” survey each quarter, and improve and enhance this NMLA Website. 


Looking ahead, my goal is to continue doing these things that we do so well and discover more ways to bring value to our members and the marine lending environment. My sincere thanks for your support and I welcome the opportunity to share ideas on how to grow our association and make the National Marine Lenders Association stronger and better than ever.

Hope to see you at the Annual Conference this October!

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
Lenders Risk Services, Inc.
Luxury Financial Group


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.