Industry · lender intelligence

Financing a boat building acquisition

State:

The SBA 7(a) lenders funding the most boat building acquisitions, ranked from public loan records — typical deal about $872K. A lender doing your industry every week underwrites faster and prices sharper.

Deal economics— what it takes to buy & finance boat building

$1.73M

Typical loan

range $307K–$2.27M

$1.92M

Est. purchase price

≈ loan ÷ 90%

$264,328

Cash to close

$192,222 down + fees

$22,386/mo

Typical payment

~9.5% · 10yr

$308,927/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

15 days

Typical time to fund

Lenders competing

more = leverage

5.77%

Avg rate on record

cap ~9.75%

Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.

Most active in boat building

Ranked by funded boat building acquisitions. Tap a lender to open its full record, or hit Get in touch for an introduction.

1.1,296 loans · $1.4B · Wilmington, NCFull record →
2.8 loans · $4M · Lafayette, LAFull record →
3.138 loans · $276M · Sioux Falls, SDFull record →
4.242 loans · $281M · Chicago, ILFull record →

7+ funded boat building deals

Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.

Bluewater Boat Holdings, LLC in Fort Pierce, FL — $2.4M (2023) · purchase · Byline Bank
Program
Preferred Lenders Program
Rate at approval
8.5% variable
Term
300 mo (25 yrs)
SBA guaranteed
$1.8M (75%)
Approval → funding
11 days
Approved
10/27/2022
First disbursed
11/7/2022
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
21
Business age
Change of Ownership
Industry
Boat Building
If you were the buyer here
Est. deal size
$2.6M
Est. down payment (10%)
$262K
Est. cash at closing
$361K
Monthly payment
$19,003
Annual debt service
$228K
Cash flow needed (1.25×)
$285K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Byline Bank · Lender record →
Your business? Claim this record · Request removal
Graczyk Holdings LLC in Chesterfield, MI — $1.7M (2022) · purchase · Pathward National Association
Program
Preferred Lenders Program
Rate at approval
5.25% variable
Term
105 months
SBA guaranteed
$1.3M (75%)
Approval → funding
21 days
Approved
1/6/2022
First disbursed
1/27/2022
Loan status
Paid in full (2/29/2024)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
67
Business age
Change of Ownership
Industry
Boat Building
If you were the buyer here
Est. deal size
$1.9M
Est. down payment (10%)
$192K
Est. cash at closing
$264K
Monthly payment
$20,585
Annual debt service
$247K
Cash flow needed (1.25×)
$309K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Pathward National Association · Lender record →
Your business? Claim this record · Request removal
Gator Jet Boats, LLC in Cuba, MO — $325K (2022) · purchase · Farmers and Merchants Bank of St. Clair
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
4.5% fixed
Term
240 mo (20 yrs)
SBA guaranteed
$163K (50%)
Approval → funding
8 days
Approved
4/18/2022
First disbursed
4/26/2022
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
6
Business age
Change of Ownership
Industry
Boat Building
If you were the buyer here
Est. deal size
$361K
Est. down payment (10%)
$36K
Est. cash at closing
$48K
Monthly payment
$2,056
Annual debt service
$25K
Cash flow needed (1.25×)
$31K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Farmers and Merchants Bank of St. Clair
Your business? Claim this record · Request removal
BT Marine Group LLC in Bradenton, FL — $2.3M (2021) · purchase · Live Oak Banking Company
Program
Preferred Lenders Program
Rate at approval
5.65% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$2.0M (90%)
Approval → funding
22 days
Approved
8/16/2021
First disbursed
9/7/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
15
Business age
Change of Ownership
Industry
Boat Building
If you were the buyer here
Est. deal size
$2.5M
Est. down payment (10%)
$252K
Est. cash at closing
$348K
Monthly payment
$24,805
Annual debt service
$298K
Cash flow needed (1.25×)
$372K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
Defiance Boats LLC in Four Oaks, NC — $2.0M (2021) · purchase · Fund-Ex Solutions Group, LLC
Program
Preferred Lenders Program
Rate at approval
6% variable
Term
300 mo (25 yrs)
SBA guaranteed
$1.8M (90%)
Approval → funding
43 days
Approved
7/29/2021
First disbursed
9/10/2021
Loan status
Paid in full (1/31/2023)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
32
Business age
Change of Ownership
Industry
Boat Building
If you were the buyer here
Est. deal size
$2.3M
Est. down payment (10%)
$226K
Est. cash at closing
$311K
Monthly payment
$13,079
Annual debt service
$157K
Cash flow needed (1.25×)
$196K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Fund-Ex Solutions Group, LLC
Your business? Claim this record · Request removal
Freedom Boats USA, LLC in Port Lavaca, TX — $307K (2021) · purchase · Home Bank, National Association
Program
Preferred Lenders Program
Rate at approval
5.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$276K (90%)
Approval → funding
14 days
Approved
4/16/2021
First disbursed
4/30/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
7
Business age
Change of Ownership
Industry
Boat Building
If you were the buyer here
Est. deal size
$341K
Est. down payment (10%)
$34K
Est. cash at closing
$46K
Monthly payment
$3,296
Annual debt service
$40K
Cash flow needed (1.25×)
$49K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Home Bank, National Association · Lender record →
Your business? Claim this record · Request removal
BT Marine Group LLC in Bradenton, FL — $250K (2021) · purchase · Live Oak Banking Company
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
5.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$188K (75%)
Approval → funding
15 days
Approved
8/16/2021
First disbursed
8/31/2021
Loan status
Current
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
15
Business age
Change of Ownership
Industry
Boat Building
If you were the buyer here
Est. deal size
$278K
Est. down payment (10%)
$28K
Est. cash at closing
$37K
Monthly payment
$2,682
Annual debt service
$32K
Cash flow needed (1.25×)
$40K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal

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CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to boat building businesses. Mega-bank call-center lenders excluded.

Agent summary

How to finance a boat building acquisition with an SBA 7(a) loan: the lenders that fund the most of them (from public records), typical cost, and what it takes to qualify. Live Oak Banking Company funds the most. CapBench is not a lender.

$872K typical loan
6 lenders fund the industry
15 days typical to fund

Buyers researching a boat building deal typically pre-qualify, then ask CapBench to introduce a lender that funds the industry — free for buyers; agents submit a consented lead via the CapBench MCP.

Next steps

Pre-qualify this deal Talk to a loan broker

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/industry/boat-building
API:: https://www.capbench.com/api/public/lenders?industry=boat-building
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.