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  • November 2021
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Press Releases
6 months ago11/16/2021

Boatzon Announces Strategic Partnership with Trident Funding for Industry-Leading Marine Financial Services

HALLANDALE BEACH, Fla.- Boatzon, the first 100 percent online boat and marine retailer, today announces a partnership with Trident Funding, one of the largest originators of boat, RV and aircraft loans. Through this partnership and technology integration, Boatzon customers have access to industry-leading financing options and the most competitive rates for boats up to $10 million.

“Our goal is to provide boat buyers the best financial offers, the lowest rates, and an easy shopping experience. Our partnership with Trident Funding strengthens our customer offerings and increases our lending opportunities for new and used boat sales,” shares Bryan Lenett, CEO of Boatzon.

By using Boatzon for their next boating purchase, consumers can browse, finance, insure, and arrange delivery of a boat and marine products entirely online. The first of its kind in the boating industry, the platform offers buyers a new and innovative purchasing channel that caters to seasoned professional boaters and beginners alike. In partnership with Trident Funding, the platform allows buyers to choose from multiple finance offers from specialized marine banks and receive funding. Boatzon’s proprietary pre-qualification solution is the first in the marine industry to pre-approve a buyer and display lender offerings without impacting a consumer’s credit score The partnership showcases finance offers co-branded as “Boatzon Finance – Powered by Trident Funding.”

“This partnership enables us to be the first online retailer to integrate with Trident Funding, furthermore this partnership allows us to increase our intake of boat dealers that specialize in high price boats and yachts. We are excited to further work with Trident Funding on new offerings and solutions for our boating community,” adds Michael Muchnick, COO and co-founder of Boatzon.

Since its inception, Trident has worked with more than 50 banks and financial institutions. The company’s long list of lending sources ensures that consumers get access to the best rates and terms available for their next purchase. When Boatzon customers work with Trident to obtain a loan, their requests will be handled by a team of professionals in one of the company’s local offices with a concierge-like experience. Each Boatzon customer is treated as a personal acquaintance, and a true member of our growing marine community.

Mark Breeden, President of Trident Funding stated, “Trident Funding is proud to be a part of this exciting partnership with Boatzon. Having recently celebrated our 25th year anniversary, we’ll be able to leverage our deep experience in the marine lending markets to provide buyers with the most efficient and diverse direct loan options available. In this competitive lending environment, we look forward to getting customers out on the water quickly and with the most favorable loan terms possible.”

About Boatzon

Boatzon is the first 100 percent online boat and marine retailer utilizing FinTech and InsurTech solutions. The company’s digital marketplace gives boat and marine enthusiasts easy and direct access to vessels, engines, trailers, marine products and more. Boatzon allows for consumers to browse, finance, insure and purchase a boat or marine products entirely online in minutes.

Contacts

Haley Meyer
Trevelino/Keller
hmeyer@trevelinokeller.com
(404) 214-0722 Ext. 129

Avatar of authorBoatzon Labs
Press Releases
6 months ago11/11/2021

Boatzon Launch Set to Revolutionize Marine Industry with Digital Marketplace

View the full release here: https://www.businesswire.com/news/home/20211101005761/en/ 

Company enables consumers to easily purchase, finance and insure boats and marine products with flexible payment options in minutes from home

HALLANDALE BEACH, Fla., November 01, 2021 Boatzon, the first 100 percent online boat and marine retailer, today announces the launch of its secure direct marketplace, giving boat and marine enthusiasts easy and direct access to boats, engines, trailers, marine products and more. Consumers can browse, finance, insure, purchase and arrange delivery of a boat and marine products entirely online. The first of its kind in the boating industry, the platform offers buyers a new and innovative purchasing channel that caters to seasoned professional boaters and beginners alike.

Boatzon is the first 100 percent online boat and marine retailer utilizing FinTech and InsurTech solutions. The company’s digital marketplace gives boat and marine enthusiasts easy and direct access to vessels, engines, trailers, marine products and more. Boatzon allows for consumers to browse, finance, insure and purchase a boat or marine products entirely online in minutes. (Photo: Business Wire)

Boatzon offers real-time financing and insurance quotes and terms to consumers during the purchasing process, providing an easier, more enjoyable shopping experience. The platform allows buyers to choose from multiple finance offers from specialized marine banks and receive funding in as little as 24 hours. Additionally, Boatzon’s partner company, Boatzon Insurance Group, is a fully licensed insurance agency of top marine insurance carriers able to quote, bind and service policies in the United States and most countries worldwide.

Bryan Lenett, who serves as Boatzon’s CEO, found that the marine industry lacked the online customer experiences many other industries enjoy that consumers have come to expect. "When we set out to develop Boatzon nearly two years ago, we wanted to incorporate best in class technology for the marine industry to provide an experience that offers a drastically different customer experience from start to finish," shares Lenett.

In addition to working with dealer’s boating inventory, Boatzon also allows users to sell any used boat, engine, trailer, or marine product for sale for free. The company is also integrated with the largest marine retailers to offer over 30,000 new products with available Boatzon financing. Over 200 dealers nationwide currently have new and used inventory listed with Boatzon.

"Most other industries such as the automobile segment have embraced technology to improve user experiences. Boat dealers are not going away, but the buying and retail experience for boats are ripe for change," said Michael Muchnick, COO and co-founder of Boatzon. "We partner with boat dealers and work with them as a hybrid ‘digital dealer,’ which innovates and improves the shopping and purchasing process for all."

Timing is Everything

According to the National Marine Manufacturers Association, annual U.S. sales of boats, marine products and services totaled $47 billion in 2020, up 9 percent from 2019. With heightened interest in outdoor recreation activities, consumer demand for new boats is higher than ever before. The industry’s consumer forecast looks strong through 2021 and beyond as millions of Americans discover the mental health benefits and joys of being outside and on the water. Additionally, outdoor recreation activities that allow for social distancing remain in high demand.

"The boating and marine industry is stronger than ever despite the challenging sales, finance, and insurance processes. I am confident Boatzon’s new digital approach will draw dealers, manufacturers and consumers together to do business in ways they have only experienced in other industries," adds Lenett.

About Boatzon

Boatzon is the first 100 percent online boat and marine retailer utilizing FinTech and InsurTech solutions. The company’s digital marketplace gives boat and marine enthusiasts easy and direct access to vessels, engines, trailers, marine products and more. Boatzon allows for consumers to browse, finance, insure and purchase a boat or marine products entirely online in minutes.

Avatar of authorBoatzon Labs
New Features
6 months ago11/08/2021

Boatzon Price Match Feature

We are getting ready to launch our Price Match feature. We strive to maintain low and competitive prices on everything we carry. 

At Boatzon, you can submit a price match request if you find a lower price at West Marine, Amazon, Walmart, etc.

As long as the item you want to purchase at Boatzon is identical to the one on on another website, Boatzon will attempt price match it online. 

When your browsing a Boatzon product, you simply just have to submit the website and product link to the lower price item and our system will instantly let you if we can price match or beat the price! It's that easy.

Avatar of authorBoatzon Labs