FAQ

This acquisition is intended to strengthen OceanPoint’s position in the recreational broker finance market. By combining resources and industry expertise, we can expand our geographic reach nationally, enhance our ability to serve customers, and accelerate long-term growth.

Lending Associates, Inc. is a respected recreational finance company headquartered in St. Petersburg, FL, serving customers across the West Coast, Great Lakes, New England, Texas, and Florida. The team brings decades of experience and deep industry knowledge.

OceanPoint Funding is the new brand that will be the home to both OceanPoint Marine Lending and Lending Associates upon closing of the transaction. It will bring together the teams, capabilities, and customer offerings of OceanPoint Marine Lending and Lending Associates once closed.

Nothing will change at this time. Until the transaction closes, both organizations will continue to operate separately with no changes to customer service, points of contact, loan processes, or ongoing applications. Customers can continue working with their existing Lending Associates or OceanPoint Marine Lending representatives.

By combining two experienced organizations with complementary strengths, OceanPoint Funding can offer:
* A larger team with deeper industry expertise
* Expanded lender and dealer relationships
* Broader geographic coverage
* Enhanced product offerings across marine, RV, and aircraft financing
* A continued commitment to exceptional customer service

No. Your current loan officer or representative will remain your point of contact. Both OceanPoint Marine Lending and Lending Associates will continue operating separately until the transaction closes, and all phone numbers, email addresses, and communication channels will remain the same during that time. After the transaction closes, you can expect a smooth and coordinated transition, with no disruption to the service or support you receive.

There is no immediate impact on broker and dealer partners. All partner relationships, agreements, and processes remain unchanged, and your existing points of contact will continue to support you as usual. Over time, the combined organization can offer expanded lender options, broader geographic coverage, and enhanced capabilities. Any updates will be clearly communicated in advance to ensure a seamless experience for you and your customers.

There are no immediate changes planned. Once closed, the expertise and expanded lender network may allow OceanPoint Funding to offer additional financing options across marine, RV, and aircraft segments.

For the latest official information, save this link and continue to check back. A press release is available here.