FAST APPROVALS
Approvals usually the same day after receiving your loan application.
COMPETITIVE RATES
Some of the most competitive boat lending rates in the nation.
COMPETITIVE TERMS
Terms upto 20 years with low monthly payments based upon lenders parameters and geographic location.
NO POINTS OR FEES
You’ll never see hidden fees or points from us. 100% clarity and upfront terms and percentages, always!
DEDICATED YACHT & FINANCING SPECIALISTS
Arranging Boat financing is ALL we do, and take great pride at doing it well.
PERSONAL ATTENTION
You will always get direct and personal attention throughout the entire loan process making sure you are completely satisfied.
Marine Banking Services has been originating boat loans for over 35 years and offers its loan services for all your boat purchase and refinancing needs. We operate as a full-service marine financial service provider. We will package your loan request and arrange financing with various lenders around the country at the most competitive rates and terms available. MBS will coordinate Coast Guard Documentation for marine vehicles as well as all appropriate insurance arrangements.
The company president has over 40 years of yacht financing experience with intimate knowledge of the marine marketplace and is a member of the National Marine Lenders Association; a group of marine lender banks providing a forum for the promotion and advancement of qualified marine lending opportunities for the industry and consumer. Our primary operations are in the Great Lakes based just outside of Chicago, Il. However, we offer our services in all regions of the U.S.
Loan programs and terms can be custom tailored to fit your particular need and financial profile. Our bank rates and terms are a composite of the most competitive in the industry. We have the knowledge to properly prepare and present your loan request for the vessel you are purchasing, whether new or used. MBS can also re-finance your existing loan. We also have numerous contacts and work closely with several dealers and brokers in the Great lakes market and other markets around the country. We can also help you locate a qualified surveyor for your used boat purchase as well as recommend specialists in marine insurance to assure your vessel is properly and adequately covered for all perils.
