Recreation Financial Services, LLC

Why Consider RV/Marine Financing?
  • Consumer Loan Growth - The addition, or expansion, of an RV/Marine lending operation is a great way to increase your consumer loan volume to meet your budget goals or to offset a decrease in automobile and home equity loan volume.
  • Portfolio Diversification - Adding, or increasing, your current RV/Marine lending program will help balance your loan portfolio, and decrease your exposure to increased competition and market changes in the automobile and home equity markets.
  • Loan Quality - RV/Marine loans consistently have one of the lowest delinquency ratios of all consumer loan categories.
  • Strong Customer Profile - According to industry publications, the typical RV/Marine owner is in their mid to late forties, a homeowner, married, with a household income in excess of $60,000.
  • Product Customization - The RV/Marine market generates loans from $2,000 to over $1,000,000, and you can tailor your program to reach the market you are comfortable financing.
  • Less Competition - The number of lenders available to RV/Marine dealers is small in comparison to the number of lenders available to automobile dealers, which makes for a less competitive market. When you only look at the local and regional lenders, the gap gets even wider.

To discuss how you can partner with Recreation Financial Services, LLC to enter this attractive market, please call Rich Agan at (574) 309-1342, or email [email protected].

Benefits of Partnering with Us
  • We have over thirty years of retail consumer lending experience in the RV/Marine market.
  • We have over thirty years of RV/Marine loan origination experience.
  • We have strong retail dealer relationships.
  • We have strong industry affiliations
  • We are active in industry associations to remain current on industry news and events.
  • We allow you to achieve your volume and profit goals without increasing your fixed expenses because we work on a pay per dollar funded basis. This means you have no additional budgeted expense for sales personnel, benefits, automobiles, or entertainment, and you pay nothing until you fund a loan.

The bottom line is we have the experience and relationships to assist you in building a program to deliver the loan volume and quality you expect.

Please call Rich Agan at (574) 309-1342, or email [email protected] to discuss in detail how we can help you achieve your loan department goals.

Lender Services
Recreation Financial Services, LLC offers lenders the following services to assist them in starting a new RV/Marine Indirect Finance Program or to grow their present program.

  • We will use our industry and dealer contacts to quickly establish your program in a new territory or to increase the production in your current market.
  • If you are starting an RV/Marine Indirect Finance Program, we will provide you the necessary demographics to design a profitable program and market the program for you.
  • If you do not have an indirect Loan Department, we can provide you with previewed applications so you won't waste your time with applications that don't meet your lending guidelines.
  • If your loan officers are not experienced in working with retail dealers, we can act as an intermediary between your company and the retail dealer so your personnel won't need to have direct contact with the retail dealer.
  • We are flexible and able to work with lenders of all sizes to develop the programs that meet their individual requirements.
  • We provide you current market information so you know where your program is positioned compared to your competition.
  • We provide you with completed dealer packages that are ready for your review.
  • We have regular meetings with you to discuss the progress of the program and any changes necessary to meet your goals.
  • We provide your company with representation at local and regional retail shows and in industry associations.

To discuss how partnering with Recreation Financial Services, LLC can improve your bottom line, please call Rich Agan at (574) 309-1342, or email [email protected].