National Marine Lenders Association

We make boating affordable!



The National Marine Lenders Association recently held its 40th Anniversary Annual Conference. If you were in attendance, you know first-hand how successful the event was. Here are just a few of this year’s highlights:

  • Attendees had the opportunity to spend a few days at the gorgeous Ocean Reef Club in Key Largo, Florida and network with 175 of their fellow industry associates
  • Keynote speakers heard during the conference business sessions included television celebrity and best-selling author, Amber Mac (MacArthur) and security analyst and best-selling author Robert Siciliano. Mac delivered advice regarding Artificial Intelligence and emerging technologies that affect our business profitability and existence. Siciliano captivated the audience about Cyber Security and how we can protect ourselves today and in the future.
  • NMMA’s current and past (retired) presidents, Frank Hugelmeyer and Thom Dammrich, discussed the current and future state of the U.S. marine industry.
  • Nationally known economist, Gina Martin-Adams of Bloomberg Intelligence provided the audience with an in-depth view of consumer, national and international economic outlooks.
  • Informative, cutting-edge break-out sessions included credit bureau analytics, regulatory activities affecting marine lending, foreign registry of recreational boats, and other educational tools assisting with the expansion and profitability of recreational marine finance.

If you were unable to join us at Ocean Reef, please put August 30-September 1, 2020 on your calendars for next year’s Annual Conference in beautiful Park City, UT (additional information will be available on this website in the very near future).

Next on the NMLA schedule is the 2020 Marine Lenders Workshop, March 1-3 in Phoenix Arizona. We hope both NMLA members as well as non-members will be able to join us and experience this all-inclusive study of the various elements of recreational boat financing presented by expert marine lenders, collectors, asset managers, maritime attorneys, marine insurance specialists and industry consultants. CLICK HERE for registration and hotel information.

And while you are here on the NMLA website, why not take a peek at what our Lender Members said about their 3rd quarter 2019 loan volume, margins, new boat financing and more. Just select the MEMBER LOGIN tab at the top of this Homepage and choose "Snapshot Survey". 

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.

Please accept our best wishes for a joyful Holiday Season and a Happy, Healthy and Successful 2020.  

John Haymond, President




PRESIDENT - John Haymond, Medallion Bank

VICE PRESIDENT - Robert P. Dunford, Trident Funding LLC

SECRETARY - Noelle Norvell, Luxury 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




Meredith Village Savings Bank
National Powersport Auctions
TFC Bank Commercial Finance


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.