The National Marine Lenders Association announced the release of its 2026 Annual Statistical Report, the marine industry’s comprehensive source of finance market data and lending performance statistics.
The report provides exclusive benchmarking information, market trends, portfolio performance metrics, operational data and borrower characteristics gathered from participating marine lenders and finance service companies throughout the United States.
“The ASR remains the industry’s premier source of recreational marine finance data and analysis,” Jim Coburn, chair of the ASR committee and director of the National Marine Lenders Association, said in a statement.
Key findings from the Annual Statistical Report include:
- Marine loan delinquencies rose to 1.42% in 2025 but continued to outperform overall consumer installment loan performance.
- Third-party liquidators remained the dominant remarketing channel for repossessed boats, utilized by 79% of participating lenders.
- Gross portfolio yields increased to 6.38% for boat loans during 2025, exceeding yields reported for overall consumer installment loan portfolios.
- Lenders reported continued reliance on traditional underwriting standards despite ongoing economic and affordability challenges.
The report is provided complimentary to survey participants and is available for purchase by non-participants through the NMLA.
