• 316 lending believes in Second Chance financing for our customers. We specialize in helping people who have experienced some bad credit issues in the past.
  • Loan Amounts $5,000 to $75,000
  • Loan terms up to 15 years depending on loan amount and credit score.
  • Simple interest, fixed & variable loans with no prepayment penalty.
  • 10% minimum down payment requirement.
  • We finance units up to 15 years old. Most banks and credit unions only offer 10 years or less.



  • 316 Lending has the lowest rates in the industry. Contact us for details.
  • Loan amounts $6000 to $500,000
  • Loan terms up to 20yrs pending on the loan amount
  • Simple interest fixed & variable loans with no prepayment penalty
  • 10% minimum down payment required
  • We finance units up to 15yrs old but can go older on a case by case basis
  • Proof of income might be required on financed amounts over $50,000 in the form of pay-stubs and W2’s. Self-employed customer must submit 2yrs federal 1040 tax returns and Personal Financial statements.



We specialize in Marine Insurance. We have total loss and agreed value policies for your recreational purchase. We can also offer extended service policies for extra engine/motor/trailer protection on your boat.