Recreational financing made simple
Recreational financing made simple
Recreational financing made simple
Recreational financing made simple
What we focus on
Yachts
Boats
RV
Planes
Wake Lending provides flexible, affordable financing solutions to help you hit the water, road, or sky faster!
Whether you’re dreaming of a new yacht, boat, RV, or aircraft, our simple application process, competitive rates, and personalized support make financing your next adventure a breeze. With Wake Lending, you can focus on the excitement while we handle the details. Let us fuel your passion for the great outdoors – apply today and embark on your journey tomorrow!
Why Choose Wake Lending?
Personalized service
Top-tier lender partnerships
Fast approval
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Real stories from happy clients
Trenton Carroll
Brian and the WakeLending team helped with the financing of my new MasterCraft. It was the first boat I have ever bought and he made the entire process as simple and stress free as possible. He no doubt has my business for all future boat purchases!
Matt C.
Beulah and the whole Wake Lending team are quick to respond, provide fast & great approvals, communicate great with my buyers and fund in a timely manner. They are a pleasure to work with.
Matt Draves
We have over 20+ years of experience in the recreational industry
Online application
Insurane Quote
Need an insurance quote? Send us a request and we will contact you shortly!
Loan Calculator
Do you have some general questions? We are always here to help.
Frequently Asked Questions
How Long does it take to get a loan?
A: In most cases, we can get you approved the same day. Under normal conditions, loan funding can be completed within a week.
Can I get Insurance through Wake Lending?
A: Yes, we’ve partnered with numerous companies to provide a policy tailored to your needs. Simply request an insurance quote from your loan agent.
What kind of Down Payment is required?
A: Banks typically require a minimum down payment of 10%, though this can vary based on the lender and the loan amount.
Do I need to get a survey or sea trial?
Can you do a LLC loan?
A: Yes! We have banks that specialize in Special Purpose Entity (LLC or Trust) ownership.
Do you offer stated income loans?
A: Stated income loans for well qualified buyers are available up to $250,000.
Do you only do loans for new boats?
A: No. Each situation is unique, but we can generally offer loans on boats up to 25 years old.
Can the taxes, registration fees be financed?
A: Yes, taxes, title, registration, and can be included in your loan amount, as long as it meets our loan-to-value (LTV) guidelines. Alternatively, you can choose to pay these fees out of pocket, with payment required before closing.
My credit is not great, can I still get a loan?
A: Every situation is unique. We recommend completing the application so we can explore your options together. We also have partnerships with a variety of sub-prime lenders to help meet your needs.