CASHMIGO BUSINESS FUNDING
Marina and Boatyard Funding for Equipment and Growth.
Explore marina and boatyard funding for lifts, docks, storage, repairs, service equipment, property needs and seasonal working capital.
Common funding uses for marinas & boatyards
- Travel lifts, forklifts, hydraulic trailers, cranes and qualifying yard equipment
- Docks, racks, utility pedestals, fuel, pump-out and security systems subject to applicable requirements
- Parts, service inventory, seasonal payroll, repairs and storm preparation
- A qualifying acquisition, property improvement or documented seasonal working-capital need
Potential funding paths
Information to prepare
- Recent business bank statements and company financial statements
- Wet-slip, dry-storage and yard-occupancy reports with rates, contracts, deposits, discounts and collected revenue
- Service, repair, fuel and retail revenue by line with job costs, margins and receivables
Common questions
What marina or boatyard expenses may business funding support?
Depending on the program and final agreement, potential uses may include qualifying lifts, forklifts, trailers, cranes, racks, docks, utility systems, repairs, parts inventory, payroll, property improvements, a qualifying acquisition or documented seasonal working capital.
Can travel lifts, docks or storage equipment be financed?
Potentially. Eligibility may depend on the asset, vendor, price, age, condition, installation, useful life, site-control rights, applicant profile, credit, cash flow and provider requirements.
Why do occupancy and seasonality matter?
Wet-slip, dry-storage and yard occupancy help show use of capacity, while contract terms, transient traffic, haul and launch cycles, winter storage and collection timing help explain when revenue is earned and collected.
