Financing Tips

New England Boat Show – February 15-19, 2023 Show Details Miami International Boat Show – February 15-19, 2023 Show Details ARMS* 3/1 – 5.75% (Fixed for first 3 years, then Prime Rate thereafter, Floor – Initial Rate) 5/1 – 5.875% (Fixed for first 5 years, then Prime Rate thereafter, Floor – Initial Rate) Available in MA, FL, […]

Join Sterling Associates’ Marine Finance Representative Cindy Lewis as she helps you navigate financing your dream boat on the Great Loop Radio Podcast! Marine Lending Basics – Key Moments in the Video About Cindy Lewis: Cindy Lewis has been in the marine industry for over 45 years. Early in her career she worked for a […]

Buying a Boat? You have many choices when it comes to paying for your purchase. You could go with a bank, or you could finance your purchase with a lender who specializes in boat loans. We spoke with Tom Smith, President of Sterling Associates, who explained the seven biggest benefits to working with a Boat […]

You’ve finally decided to buy the boat of your dreams. Now, how to pay for it? If you’re financing your purchase, you want the best rate and a quick approval to get out on the water as soon as possible. Is your local bank or credit union the best way to go? The best option […]

Buying a boat can be a big commitment. For those who place great value on enjoying the outdoors and creating memories with family and friends, purchasing a boat is one of the best, most rewarding investments they’ll ever make. But buying a boat is usually no small purchase. In most cases, you’ll need a loan. […]

You’ve decided you want to buy a boat. You may have even picked out the perfect vessel. Now it’s time to pay for it. The process of financing a boat can be intimidating, especially if it’s your first time doing it and you’re not familiar with the process. But there’s no reason to be nervous. […]

In many people’s minds, owning a boat feels like an unrealistic and expensive dream. But the fact is that you don’t need deep pockets to own a boat. Over the past decade, boat ownership has been surging, with boat sales increasing nationally by about five percent from 2016 to 2017.  The National Marine Manufacturers Association […]

Let’s face it, buying a boat is a luxury purchase. No one absolutely needs a boat in the strict sense of the word, but for true boat lovers, owning a boat is an essential part of their life’s happiness. All you boat owners out there, you know what I mean. For those yet to dive into boat […]

In April , we took the time to help prospective buyers select the right boat for them. In a previous blog, we looked at bowriders, cruisers, freshwater fishing boats, runabouts and sailboats. For this blog, we’ll tell you a little about saltwater fishing boats, speed boats, pontoon boats, trawlers and watersports boats. Saltwater Fishing BoatsThere […]

Whether you’re a beginner boater or a veteran on the water, choosing the right boat can be a complicated process. Although there are dozens of types of boats, one of 10 is likely to suit your needs. This month, we’ll look at five options, and then explore five more in April. BowridersThis versatile design can […]

Determining the best time to buy a boat is a little like trying to time the stock market; if it was easy, everyone would be rich. Although bargains can be found throughout the year, the general consensus is that fall and winter are the optimum times to do your boat shopping. Dealerships want to clear […]

Purchasing a new boat is exciting, even for experienced boaters. It’s also a major investment that requires thought and research. Here are some questions every boater should ask themselves before making a decision on a new boat. How will you use the boat?If fishing is your primary objective, will you be remaining inshore or heading […]