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Marine and recreational vehicle financing

We’re in the business of financing dreams.

With Truist as your lending partner, you can help your customers get the financing they need. We make it easy for you with our competitive interest rates and stress-free application process. Learn how to become a new Truist dealer.

Here’s why partnering with Truist for your marine and recreational lending is right for you and your customers.

We're the right lending partner who knows marine and RV lending inside and out—a partner who understands the complexities of financing boats, RVs, and horse trailers. Best of all, Truist has a nationwide footprint. We can meet the financing needs of you and your customers wherever they're located.

Partner with industry experts. Work with knowledgeable and enthusiastic marine and RV lending experts who understand your business and are only a text, email, or phone call away.

Strength and stability for the long haul. As one of America’s best-performing banks, we have a long tradition of helping local businesses succeed.

Loans based on the borrower, not just a credit score. Each customer application is evaluated by a qualified lending officer to help you make more deals happen.

Flexibility and personal service. We’re quick! We’ll help you save time and speed up the delivery process, with most funding occurring in 48 hours or less.

More than lending. Need boat insurance for your clients? Merchant Services for your dealership? Employee benefits? Truist has a full range of commercial products and services to meet your business needs.

Marine and RV lending program highlights

  • Prime lender (700-800+ FICO®)
  • Nationwide lender
  • No book to look minimums
  • Competitive compensation program (reserve)
  • All deals reviewed by a skilled underwriter 
  • More than 125 years combined lending experience with recreational lending
  • Relationships with AppOne and DealerTrack
  • Streamline program for best clients up to $100,000
  • Financing from $10,000 to more than $1,000,000
  • Competitive rates
  • Competitive reserve payment
  • Offer Auto Approval Program (Credit Express)
  • Funding available by email without sending original documents in (not available on triplicate contracts)
  • Financing available nationwide
  • Bureau pulled: Equifax
  • Superior funding times, frequently same day funding
  • Experienced and tenured sales and credit staff with direct line access for when you need them
  • Simple program that makes it easier for you to put deals together
  • Reliable funding source
  • Truist representation at regional and national dealer shows

Interested in becoming a marine or RV dealer with Truist?

Here’s what you will need to apply. 

If in business with same ownership for five (5) years and greater:

  • Completed Truist Dealer Application (with Federal Tax ID Number)
  • Copy of Current Dealer License
  • Completed W-9 – Attached
  • Copy of 1125E with SSN & Income blacked out, or K1 with SSN & Income blacked out, or Operating Agreement if LLC
  • Voided Check for ACH payment
  • Multi-Location Dealer form (if needed) – if more than ten (10) locations please contact your Dealer Relationship Manager (DRM)

If in business less than five (5) years OR new ownership less than five (5) years:

  • All of the above
  • Copy prior 2 years (FYE) Financial Statements for Dealership with Balance and Income
  • Personal Financial Statement of all Owners/Member-Managers/Partners

If in business less than one (1) year OR new ownership less than one (1) year:

  • All of the above
  • Two years personal returns of all Owners/Member-Managers/Partners
  • History of MRV industry experience of Owners, F&I, General Manager, & Sales Manager
  • Floor plan source and committed amount
  • Current Bank lending sources
  • Guaranty of the owners (included in Agreement package if approved)
Download application and contact info for becoming a new dealer

Get in touch with an expert.

Contact us today to see how Truist can help your business succeed. 

Brian Dalton

Vice President

P: 919.697.5394

Brian.Dalton@Truist.com

DRM for: DC, MD, NC, SC, VA, AR, IA, KS, LA, MO, MS, ND, NE, SD

Jim Luiso

Asst. Vice President

P: 386.675.5005

Jim.Luiso@Truist.com

DRM for: AL, GA, FL

Frank Morgan

Vice President

P: 724.496.0352

Frank.Morgan@Truist.com

DRM for: IN, WV, TN, KY, OH, PA, NJ, CT, DE, IL, MA, ME, MI, MN, NH, NY, RI, VT, WI

Ed Sikes

Vice President

P: 832.265.7466

Ed.Sikes@Truist.com

DRM for: TX, OK, AK, AZ, CA, CO, HI, ID, MT, NM, OR, UT, WA, WY

Stay informed and get connected

Looking for fresh thinking and new insights to help uncover opportunities for your business needs?

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Truist Bank, Member FDIC. © 2024 Truist Financial Corporation. Truist, the Truist logo and Truist Purple are service marks of Truist Financial Corporation.

Equal Housing Lender

Investment and Insurance Products:

  • Are Not FDIC or any other Government Agency Insured
  • Are Not Bank Guaranteed
  • May Lose Value

Services provided by the following affiliates of Truist Financial Corporation (Truist): Banking products and services, including loans and deposit accounts, are provided by Truist Bank, Member FDIC. Trust and investment management services are provided by Truist Bank, and Truist Delaware Trust Company. Securities, brokerage accounts and /or insurance (including annuities) are offered by Truist Investment Services, Inc., and/or P.J. Robb Variable, LLC., which are SEC registered broker-dealers, members  FINRA, SIPC, and a licensed insurance agency where applicable. Investment advisory services are offered by Truist Advisory Services, Inc., GFO Advisory Services, LLC, Sterling Capital Management, LLC, and Precept Advisory Group, LLC, each SEC registered investment advisers. Sterling Capital Funds are advised by Sterling Capital Management, LLC. Insurance products and services are offered through McGriff Insurance Services, LLC. Life insurance products are offered through Truist Life Insurance Services, a division of Crump Life Insurance Services, LLC., AR license #100103477. Both McGriff and Crump are wholly owned subsidiaries of Truist Insurance Holdings, Inc.

Mortgage products and services are offered through Truist Bank. All Truist mortgage professionals are registered on the Nationwide Mortgage Licensing System & Registry (NMLS), which promotes uniformity and transparency throughout the residential real estate industry. Search the NMLS Registry.

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"Truist Advisors" may be officers and/or associated persons of the following affiliates of Truist, Truist Investment Services, Inc., and/or Truist Advisory Services, Inc. Truist Wealth, International Wealth, Center for Family Legacy, Business Owner Specialty Group, Sports and Entertainment Group, and Legal and Medical Specialty Groups are trade names used by Truist Bank, Truist Investment Services, Inc., and Truist Advisory Services, Inc.

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Applications, agreements, disclosures, and other servicing communications provided by Truist Bank and its subsidiary businesses will be provided in English. As a result, it will be necessary for customers to speak, read and understand English or to have an appropriate translator assisting them. Truist offers the following resources for consumers that have Limited English Proficiency:

  • Multilingual teammates available at our Multicultural Banking Centers
  • Materials for some products and services are available in Spanish, Korean, Vietnamese, Mandarin, and other languages spoken in the communities we serve.
  • Phone assistance in Spanish at 844-4TRUIST (844-487-8478), option 9. For assistance in other languages please speak to a representative directly.

New York City residents:

Translation or other language access services may be available. When calling our office regarding collection activity, if you speak a language other than English and need verbal translation services, be sure to inform the representative. A description and translation of commonly-used debt collection terms is available in multiple languages at http://www.nyc.gov/dca.

  • Limited English Proficiency Support
  • New York City residents

Borrowers with Limited English Proficiency (LEP) needing information can use the following resources:

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