Sterling Star

2022 Edition

Our 35 years in business, exclusive loan programs, competitive rates, and nationwide lending territory makes Sterling Acceptance your number one choice for financing and closing!

The Sterling team offers over 40+ years of industry knowledge and expertise. You will be in good hands when working with us. We will walk you through your entire purchase and offer support EVERY step of the way. We also offer in-house US Coast Guard Documentation, State Titling, and Yacht Insurance. Your true one-stop-shop!

A Message From The President

Welcome Summer! It is so good to get back on the water! The Sterling team appreciates your business and hopes you and your family enjoy the upcoming boating season. Boat sales have been tremendous over the last 2 years. So much so, the current environment has led to a deficiency of units available for sale. As we enter the season, we believe that boat sales will begin to normalize and get back to pre-pandemic levels. Interest rates are beginning to rise marginally coinciding with the Federal Reserve raising its benchmark rate. Major banks are planning for slight increase later this year.

Contact our office now

at 800.525.0554

to get preapproved now!

Best Always,

Karen Trostle, President

Strong Boating Demand

In a article from FoxBusiness, Summer Park wrote about the growth within the recreational boating industry.

New data from NMMA reveal that many first time boat buyers entered the market in 2020.
Boating demand and boat sales are remaining strong as more people discover the mental health benefits, joys and freedoms of being outside and on the water.
Despite the obstacles that stand in the way, boating continues to be top choice in recreation.
Even higher gas prices haven't decreased the crowds.

Click HERE to read the article on First-time Boaters Lead Boat Boom

In addition to the boom of first-time boaters, Trade Only Today shared an article written by Dom Yanchunas about 2021 being another strong year for first-time boaters.

National Marine Manufacturers Association and Info-Link Technologies stated first-time boat buyers exceeded 415,000 boat purchases in 2021 for the second time in 15 years.

Click HERE to read the article on First-time Boat Buyers Surpass 400K Again

Boating Insurance

Meet Dave Trostle, Licensed Yacht Insurance Agent, Global Marine Ins. Agency

_________________________

Click HERE for an article on today's yacht insurance and marketing updates

Dave Trostle, Vice President of Sterling Acceptance, has been a Licensed Insurance Agent since 1996. With his 20 plus years’ experience in yacht insurance underwriting and 45 plus years’ experience boating, Dave is able to provide his clients with the best coverage at competitive premium rates.

Dave currently represents Global Marine Insurance, based in Traverse City, Michigan. Global Marine Insurance gives us access to multiple United States based A+ rated carriers along with offshore carriers.

Top Marinas for the Summer

Below are some of the top marinas our sale representatives around the US thought you would enjoy this upcoming summer!

Herrington Harbor South Marina

North Beach, MD

Rock Hall, MD

Bradenton, FL

Newport, RI

Santa Barbara, CA

Mayea Marina – Island Grill

Fair Haven, MI

B & E Marine

Michigan City, IN

.gov vs. .us vs. .com

Know the Difference

In the digital age it is incredibly important to keep an eye on who you are corresponding with! When it comes to the Coast Guard and renewing your Certificate of Documentation it is no different. Here are some tips to keep in mind if you are closing in on your expiration date.

First and foremost, any correspondences you receive be sure they are from .GOV / National Vessel Documentation Center / United States Coast Guard. The Coast Guard will send a renewal notice to your address on file about 30-45 days before expiration. Be sure to keep them updated with the most current information and if you aren’t sure how to do so, give us a call!

Should you receive something in the mail, say 3-4 months ahead of time, you can simply look the other way. Don’t worry, the Coast Guard knows when you are due to renew!

Lastly, if you are unsure we are always at your service with any questions you may have! Here at Sterling Acceptance Corporation we handle US Coast Guard Documentation in-house. Just reach out to Katherine (katherine@sterlingacceptance.com) and she will be more than happy to assist in any way she can.

Meet Rob Noble,

Our New Midwest Sales Representative

Rob has over 25 years of finance and management experience in the marine and mortgage industries. As an avid boater himself, Rob knows and understands the lifestyle around Boating and RVing, and all that it encompasses. He also has a company that provides EVA closed cell boat flooring in the S.E. Michigan market.

Rob has you covered for all your financing needs on your new Boat and/or RV.

You can contact Rob at...

Mobile: 248-826-3150

Email: rob@sterlingacceptance.com