Get on the Water (or Road) Faster
Marine and RV lenders require more documentation than typical auto loans. When they ask for your personal financial statement, be ready in 8 minutes—not days.
Time to Completion
A Marine and RV Financial Statement is a net worth document required by specialty lenders to verify a buyer's ability to afford high-value recreational assets. There's nothing quite like the freedom of the open water or the open road. Whether you're dreaming of a center console for offshore fishing, a cabin cruiser for weekend getaways, a sailing yacht, or a Class A motorhome for cross-country adventures, you've earned this purchase. But marine and RV lenders play by different rules than your typical auto finance department. These are high-value recreational assets with significant ongoing costs—fuel, maintenance, storage, insurance—and lenders want assurance that you can handle the total cost of ownership, not just the monthly payment. A personal financial statement demonstrates you're a qualified buyer who understands the commitment. With StatementsReady, you can generate that documentation in 8 minutes and get back to planning your first adventure.
Why Marine and RV Lenders Require More Documentation
Boats, yachts, and RVs are high-value recreational purchases. Specialty lenders want to verify you can afford the ongoing costs, not just the payments.
Specialty Lender Requirements
Marine lenders and RV financiers often require detailed financial documentation that standard auto lenders don't. They're lending more and want more assurance.
Time-Sensitive Purchases
Boat show deals, RV sales events, and end-of-season discounts have deadlines. Don't lose your deal to paperwork delays.
Complex Buyer Profiles
Recreational vehicle buyers often have complex finances—multiple properties, investments, and income sources. Organizing this for lenders takes time.
Documentation as Fast as Your New Toys
StatementsReady helps boat and RV buyers produce the financial documentation specialty lenders require, fast.
Our format works for major marine lenders like Sterling Associates, Trident Funding, and national RV financing companies.
Complete your statement while the dealer runs numbers. Same-day approval, same-day celebration.
Already own a boat or RV? List its value as an asset, especially if you're trading up.
Impress the finance manager with a clean, comprehensive statement. Signal you're a qualified buyer.
Shopping multiple lenders? Update your statement as needed for each application.
Why Boat and RV Buyers Choose StatementsReady
Recreational vehicle deals move fast. Don't let paperwork delays cost you the boat or RV you've been dreaming about.
Meet Specialty Lender Requirements
Marine lenders like Sterling Associates and Trident Funding, plus national RV financing companies, accept our professional format.
Same-Day Deal Closing
Generate your statement while the dealer runs numbers. Be ready for financing approval the same day you find your perfect vessel or rig.
Document Your Trade-In
Already own a boat or RV? List its current value as an asset. Show the equity you're bringing to your upgrade.
Shop Multiple Lenders Easily
Comparing rates? Update your statement as needed for each lender application without starting from scratch.
Marine & RV Financing Documentation Package
How It Works
Creating your personal financial statement is simple with StatementsReady.
Connect Your Accounts
Securely link your bank accounts via Plaid or enter information manually. Your choice.
Review & Customize
Verify your information, add any additional assets or liabilities, and customize as needed.
Export & Share
Download your professional PDF or share via secure link. Ready for your lender or attorney.
Frequently Asked Questions
Why do boat lenders require a personal financial statement?
Boats and yachts are high-value assets that depreciate and require ongoing maintenance, storage, and insurance. Lenders want to verify your net worth supports the total cost of ownership, not just the loan payment.
What net worth do marine lenders look for?
There's no fixed rule, but generally lenders want to see a net worth that's comfortable relative to the purchase price. A $500K yacht with a $500K net worth may be questioned; the same boat with $2M net worth is straightforward.
Should I include my current boat as an asset?
Yes, if it has value. List your current boat at fair market value using NADA guides or similar. If you're trading it toward the purchase, this equity matters for your down payment.
Do RV dealers require financial statements?
For higher-value RVs (Class A motorhomes, luxury fifth wheels), dealers and their financing partners often request proof of net worth. Expect documentation requests for purchases over $100K.
How do I show proof of funds for a boat purchase?
Your personal financial statement shows your cash and liquid investment accounts. StatementsReady syncs with your banks to display accurate, current balances that prove you can cover the down payment and closing costs.
Don't Let Paperwork Delay Your Adventure
Create your financial statement in 8 minutes. Get approved fast and start making memories on the water or road.
Create My Statement Free