Fall Edition 2005
Maritime Finance
Corporate Headquarters
301 SE 20th St.
Ft. Lauderdale, FL33316
Toll Free
877-Yacht Loan
(922-4856)
Visit theMaritime Finance Crew
at the
Ft.Lauderdale International Boat Show
Thursday, 10/27/05 through
Monday, 10/31/05
At the Radisson Bahia Mar Resort and Marina
801 Seabreeze Blvd.
Ft. Lauderdale, FL
Our booth is located on the South side of the show near the cocktail barge.
Floating Dock CD
Booth #1
We are looking forward to seeing you!
JEFF JOHNSON
VERONICA BOWER
HEIDI BARNES
ART WOOD
STEWART ORGAIN
ROMONA JEWELL
DONNA ROUSSEAU
Irene Demarest
DID YOU KNOW?
We can provide
financing for
the purchase
or refinance of your
PERSONAL
AIRCRAFT
loans of$100,000 up!
/ The Professor and Maryann
Fact: If you are now humming the unforgettable sitcom tune that this article’s title brought to mind, statistically you are the average age yacht owner in the US!
Fact: Failure to perform regular safety checks on your yacht and equipment will increase your chances of becoming a castaway, without a theme song or a best friend named Wilson.
Fact: The US Coast Guard Auxiliary in partnership with The US Power Squadrons will perform a safety check on your yacht for FREE.
As a result, you may save money by increasing awareness of safety practices to avoid accidents and costly breakdowns and identifying possible yacht insurance discounts.
A Vessel Safety Check is a courtesy examination of your vessel to verify the presence and condition of certain Safety Equipment as required by State and Federal regulations. The Vessel Examiner is a trained specialist and is a member of the United States Power Squadrons or the US Coast Guard Auxiliary. They will also make certain recommendations and discuss certain safety issues that will make you a safer boater. This is not boarding or a law enforcement issue. No citations will be given as a result of this encounter.
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MORE CASH
IN YOUR POCKET
Simply renewing and paying the premium on your yacht insurance policy may be costing you.
In the time it takes to write out your premium check, you can obtain a FREE review of your current coverage and the best bottom line pricing through some of the strongest marine insurance companies available.
For a free, no hassle quote contact:
Damon Hostetter
Yacht Insurance Specialist
Toll Free: 800-497-5804 ext 1027
E-mail:
Mention PROMO CODE: 905Maritime
Professor & Maryanne – from page 1
Vessels that pass will be able to display the distinctive VSC decal. This does not exempt you from law enforcement boarding, but you can be
prepared to make this a positive encounter.
Some of the items checked:
- Proper display of numbers
- Registration/Documentation
- Personal Flotation Devises
- Visual Distress Signals
- Fire extinguishers
- Ventilation
- Backfire flame control
- Sound producing devices
- Navigation lights
- Overall vessel condition
The Beginning of the End?
The word “bubble” still doesn’t do justice to the US housing market. Signs are emerging that the five-year boom in house sales and price appreciation may be losing its heat. It is likely that the housing wave has already crested.
Outright property depreciation is rare – almost unheard of – even in egregiously overvalued markets. Falling home prices typically occur in the context of falling employment, which is unlikely in the near term. The most likely scenario is a orderly correction, not a disruptive crash in the US housing market.
Excerpts from National City
Financial Market Outlook 8 -15 -05
All Hands on Deck
Whether you are a seasoned boater or a newbie, boating safety should be your first priority. Attending boating skills and educational courses regularly will ensure you and your family members are a top- notch crew!
One way to do this is through The United States Power Squadrons. With over 60,000 members in 450 squadrons
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All Hands– from page 2
The Squadron Boating Course provides essential information for every type of boater. This course exceeds education requirements in all States. Topics include:
- Boat Handling & Seamanship
- Needed Equipment
- Rules of the Road
- Lines & Knots
- Charts & Aids to Navigation
- Engine Trouble Shooting
- Seamanship and Piloting
- Electronic and Celestial Navigation
- Weather
- Cruise Planning
- Engine Maintenance
- Marine Electronics
There’s a New Standard when choosing a Yacht Broker
A Certified Professional Yacht Broker has passed a rigorous exam, testing their knowledge on tax laws, ethics, closings, co-brokering and numerous other details which are integral to smooth yacht purchase or sale transaction.
Yacht brokers nationwide now have a new benchmark for measuring their skills, abilities and performance. Boat sellers and buyers are now in a better position to select qualified, competent yacht brokers.
These are the goals of the new National Yacht Broker Certification program; a joint effort of the Yacht Brokers Association of America (YBAA, Annapolis, MD), the Florida Yacht Brokers Association (FYBA, Ft. Lauderdale, FL), Northwest Yacht Brokers Association (NYBA, Seattle, WA) and the California Yacht Brokers Association.
In development since 1999, the yacht broker certification project objective has been to set a performance baseline for professional yacht brokers nationwide. A program ‘Design Team’ of volunteers from the associations worked with the National Occupational Competency Testing Institute to define the industry Body of Knowledge, which lists the key
areas of performance skills and knowledge required to be a professional yacht broker. The team then crafted a
certification exam, comprised of 151 questions, designed to be an objective measurement of a broker’s knowledge.
“The process of determining the essential skills that a professional yacht broker needs have been daunting,” stated Vincent Petrella, president of Hellier Yacht Sales, new London, CT and chairman of the multi-year effort. “This has never been done before, and it was both a challenge and an honor for our volunteer team to be involved in this
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CPYB – from page 1
project. I firmly believe that our efforts will result in raising the bar of performance for the yacht brokerage profession, and will greatly enhance our credibility in the minds of the boating public.”
As in many other industries, performance standards, professional training and recognition are essential tools for ensuring that the industry encourages and maintains aggressive performance goals and sound business practices. YBAA, FYBA, CYBA and NYBA each have had in place, for many years, association mandated codes of ethics, which provide the minimum standards for ethical broker performance and which are mandatory for all brokers who desire membership in the organizations. The Yacht Broker Certification Program takes this process to a whole new level, providing a comprehensive method for qualifying eligible brokers who have the necessary experience, skills and know-how to
be recognized as a Certified Professional Yacht Broker - CPYB.
In addition to defining the industry Body of Knowledge and creating the CPYB exam, the newly expanded Certification Advisory Council will work over the next few years to identify and develop training and education resources that will assist applicants, as well as developing new training seminars and resources that will form the basis of a yacht broker education program.
To find out more about the Certified Professional Yacht Broker program or to locate a CPYB designated broker near you, visit the CPYB web site at
This article printed with permission from Whit Kirkland, Merrill Stevens, member CPYB 954-791-2600
All Hands– from previous column
nationwide, the US Power Squadrons is America’s largest family boating organization dedicated to boating education, civic service and just plain fun! Members operate both power and sail boats. The USPS also hosts regional social activities like cruises, rendezvous, family outings, races and contests.
Cont’d Page 3
All Hands– from previous column
For more information about classes in your area or about The United States Power Squadrons contact them today.
United State Power Squadrons Headquarters
PO Box 30423
Raleigh, NC27622
Phone: 800-367-8777
FAX: 919-836-0813
Website:
MARITIME FINANCE
is pleased to offer
REFER-A-FRIEND
Refer a friend or acquaintance to Maritime Finance and receive a $100 Gift Certificate to a yachting supply company (Outdoor World, West Marine, Home Depot). Just mail or fax in the coupon below with the referred individual(s) information and as soon as he/she closes their yacht loan with Maritime Finance, we will mail you a $100 Gift Certificate.
Mail to:Maritime FinanceFAX to:954-764-0041
301 SE 20th St.
Ft. Lauderdale, FL33316
Maritime Finance is pleased to offer REFER-A-FREINDRefer a friend or acquaintance to Maritime Finance and receive a $100 yachting supply company Gift Certificate. Just mail or Fax in this coupon with the referred person’s information and as soon as the loan closes with Maritime Finance, we will send you a $100 Gift Certificate. (There is no limit on the number of Gift Certificates you can qualify to receive!)
Referred Person
Address
Phone Number
Your Name
Your Address
Your Phone Number
Coupon credit not redeemable for Cash. Coupon may be copied for multiple referrals
MARITIME FINANCE
Preferred Client Rates
9-22-05
Apply NOW before rates increase!
RATE / LOAN AMOUNT / TERM / Payment per $1,0005.75%* / $ 50,000 and up / 20 Yrs. / 7.02
*Fixed for 3 years at 5.75% and then adjusts at 0.50% over Prime
5.99% / $100,000 and up / 20 Yrs. / 7.16Fixed for 20 years
ASK ABOUT / OUR / INTEREST ONLY / PROGRAMRESTRICTIONS MAY APPLY. TERMS & CONDITIONS MAY VARY. CALL FOR DETAILS. RATES SUBJECT TO CHANGE.
Contact us for further information
Phone: 954-764-3010 Corporate HeadquartersFAX: 954-764-0041
301 SE 20th St., Ft. Lauderdale, FL33316
Jeff Johnson Heidi Barnes Art Wood
954-465-8980 954-448-5151 561-436-9417
Toll Free 1-877-YACHT LOAN (877-922-4856)
Call us for Boat Show Season Specials and Promotions
Phone: 864-987-0498 The CarolinasFAX: 864-879-4431
Veronica BowerStewart Orgain
864-238-5583919-616-4555
Toll Free 1-866-YACHT LOAN (866-922-4856)
Visit Us On The Web: YachtLoan.com
Maritime Finance is a Florida based Company