“The insurance policy that our agents provide includes 12 months coverage at a price that compares with those offering a ‘lay-up credit’,” says Suzanne Redden of American Yachts, Ltd. “This way you have the optimum use of your boat without additional charges or the inconvenience of contacting your agent should that 70° day in January occur. Some companies give credits up to six months for the boat being hauled, winterized and not used. In some areas, including the Chesapeake Bay, your boat can qualify for a ‘lay-up credit’ even though it stays afloat. But remember, the boat is not covered for use during that period, and if you decide to use it, you must notify your agent beforehand. Check your policy carefully.”
Anchor Finance is always doing their best to update methods and rates to better serve the customer. Everyday is a “news” day for us. Our website is always working to keep customers updated on the latest and best loan rates available for large, medium or small boats, both sail and power. The staff is highly trained to help obtain the best loan rates and terms for all our clients. Time is important and we always work to get the fastest approvals and closings available.
There is simply no better time to finance or refinance your boat through Crestar Marine Lending than right now. These may be the best rates allowed for awhile and-- as a result of its recent merger with SunTrust Banks, the nation’s ninth largest bank– lending power at Crestar Marine has never been greater. Add in the decades of professional marine lending experience of the Crestar Marine crew, and you’ll want to call 1-800-797-BOAT(2628) or visit www.crestar.com/boat-loans today!
Interest rates are on the rise. Lock your rate for 30 days with Essex Credit Corporation. Apply today and shop for your boat, knowing just how much you can afford to buy and how much your monthly payment will be. Essex Credit offers a wide variety of marine finance packages so you don’t have to shop for the best deal, we can do that for you simply and quickly. Call our representative in Annapolis, Jill Tomsuden at 800-508-9193. Essex Credit Corporation announces our newest loan programs– Home Mortgage Financing. Call Keith McNamara at 800-431-5626 ext. 123 for details and rates.
Located in Easton, MD, Avon-Dixon Agency has been the first name in marine coverage for a quarter of a century. They offer a comprehensive analysis of all insurance needs, followed by prompt, personal, professional service. Marine business can be unpredictable so let Avon-Dixon be your partner in a changing world. For more information call 410-822-0506.
Key Marine Finance, a part of KeyBank USA, is exclusively dedicated to the marine industry. With more than 50 years experience, we can help new and used boat buyers with all aspects of financing the boat. We offer simple, convenient application procedures, the industry’s fastest response, competitive rates and terms, and a willingness to work with the broker, dealer and buyer to help make their dreams come true.
Trident Funding Corporation is pleased to announce the opening of an Annapolis office. Lynda Schulze Kemppainen, Mid-Atlantic Regional Sales Manager, and her assistant Diane Regan are now located at 619 Severn Avenue, Suite 303, Annapolis, MD. The opening of the full service location will allow us to better serve our customers, as well as, the dealer/broker community. The Annapolis office accentuates Trident’s National presence with additional offices in Ft. Lauderdale, FL, Shelton, CT, Newport Beach, CA, Alameda, CA and Cape Cod, MA.
Selecting an insurance policy for your boat whether it be a runabout or a mega yacht can be a complicated experience. There is a variety of coverage to consider, many prices to compare, dozens of questions to ask. And because you wish you didn’t need insurance, it’s not as much fun as buying a new boat. The Henry M. Murray Agency has been serving the boating industry for over 40 years. We can assist you in determining the coverage you need.
Experience counts! Call Hartge Insurance today. Erik Klasons of Baltimore is a lifetime mariner, offshore fisherman and former marina manager. He has 11 years of marine insurance experience and specializes in large yachts and charter boats. Totch Hartge of Easton is a transatlantic sailor, delivery captain and an owner of 9 boats– power and sail. He has 28 years of marine insurance experience and specializes in offshore, classics and builders/yards.
First New England is one of the oldest and most respected names in yacht finance. Owned by Republic Security Bank in West Palm Beach, Florida they specialize in loans from $25,000 to $12,000,000. Since being purchased in 1999 FNE has expanded its maximum loan size to include most vessels up to 150 feet as well as expanding upon its construction loan program and charter boat lending. Call 1-800-BOAT-LOAN today to speak with any of the highly experienced sales staff, who will work with you professionally and confidentially.
Scott Stusek of Jack Martin & Associates has announced the expansion of their Yacht insurance department to Yacht Haven in Eastport. This expansion will enable us to better serve the boating public, dealers and brokers in Annapolis. Jack Martin & Associates specializes in yacht insurance for vessels 30’-100’+. We have over 10 carriers that we use to customize your policy. For further information or a quote call Scott Stusek at 800-257-5111.
Provident Bank is pleased to announce the recent opening of its Annapolis branch. Located at 2047 West Street, the full-service branch can provide boat owners with excellent rates and terms for boats of any size up to $750,000. As always, you get pre-approved financing, fixed rates, simple interest and no points, no balloons and no pre-payment penalties. Call today, 1-800-726-5363 or visit the friendly staff at the new Annapolis branch. We hope to see you soon.
Sterling Acceptance Corporation has two offices in Mays Landing, NJ and Bradenton, FL in addition to the corporate headquarters in Edgewater, MD. Our people are boaters themselves bringing a more personal and informative prospective to the buying process. With Dave Trostle in our office as an agent for Jack Martin & Associates offering yacht insurance and doing our own Coast Guard documentation, we are able to make the process simpler, easier and more enjoyable for the buyer.

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