JJ BEST Leads The Way to Landing an Old Boat

Aug 9, 2023

JJ Best & Co., a Massachusetts-based lender specializing in classic car and boat financing, marks its 10th summer helping customers acquire vintage vessels. Seeing a gap in the market in 2013, they facilitated purchases of older boats, a niche often neglected by traditional banks.

New Bedford, Massachusetts, United States - August 9, 2023 /MarketersMEDIA/ —

From its headquarters in historic New Bedford - the renowned whaling city hailed in Moby Dick – JJ Best & Co. enters its 10th summer helping thousands of American consumers buy old boats.

Incorporated thirty years ago as the first lender specializing in classic car financing, JJ Best would eventually witness a need in the marine lending space in 2013.

“When it comes to old boats and old cars, a traditional bank or credit union simply will not help you buy one,” comments Albert Maranda, General Manager of JJ Best for over twenty years. “That limitation gave rise to JJ Best, and later, other specialty lenders, to serve a personal financial need of consumers.”

Maranda continues, “Most boat purchases require a loan, except for wealthy individuals. Though JJ Best lends funds on boats of any age, including new boats, we definitely take special delight when we help a customer buy a boat that is more than 20 years old. We’re a company built on classics after all, so that makes sense.”

Maranda also states that a simple review of boat listing websites like Boatline.com quickly reveals the sheer size of the demand for pre-2003 vessels. On any given day 3,000 to 5,000 old boats are for sale in America. Though some lenders extend loans out to 30 years, he says it is very difficult to find a reputable lender on boats that were built as far back as 1920.

“It’s a bit of a secret. Even financial advice articles on websites such as lendingtree.com and Forbes.com do not provide any insight for readers with questions like ‘where can I get a loan to buy an ’87 Boston Whaler fishing boat?’” Maranda adds, “we do our best to educate the boat buying customer, but we are just one company.” For Boat Loan Rates click here: https://jjbest.com/specialty-financing/boat-loan-rates/

About Us: About Us: J.J. BEST BANC & CO. has over 20 years of experience offering niche loans, and we have some of the best boat loan rates in the industry. With convenient, flexible payment plans featuring low monthly payments, low boat loan interest rates, and no prepayment fees, our boat loans are the easiest way to afford the new boat you have always wanted.

Contact Info:
Name: Kevin Roy
Email: Send Email
Organization: GreenBanana
Website: http://www.greenbananaseo.com

Release ID: 89104361

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MANILA, Philippines — Two-time Olympic medalist Carlo Paalam’s loss in the 2026 Asian Games gold-medal match hit close to home for Olympic boxer Eumir Marcial, who had suffered the same fate. Paalam had the chance to end the country’s 16-year gold medal drought, but he suffered a split-decision loss to Japan’s rising star Rui Yamaguchi, 3-2, in the men’s 52-kilogram (kg) division on Friday at the Nishio Gymnasium in Aichi, Japan. In the 2022 Hangzhou Games (held in 2023), Marcial also had a shot for gold in the men’s 80kg, but he settled for silver after bowing to China’s Tanglatihan Touhetaerbieke in a closely contested bout. The common denominator of the two Filipino Olympians’ fates is that Paalam lost to hometown bet Yamaguchi, and Marcial also lost to host China in the finals. Paalam expressed his frustration after the match against his Japanese foe, stating that the referee halted his momentum.  "I'm so good, but the referee again. I don't know, not a good decision. I don’t know about the decision of the referee; he was paying attention so much to me,” Paalam told the media in Filipino via the Philippine Olympic Committee right after stepping out of the ring. “If the momentum is on my side, he stops me. The referee looks like he has a magnifying glass on me,” he added. Marcial then posted on his Facebook account, recalling his 2023 Asian Games stint. “Way back at the 2023 Asian Games in Hangzhou, China, I also felt that I was robbed in the finals. I thought I had won the fight and would bring home the gold for the Philippines in Asian Games boxing after 13 years,” he wrote.  “We lost in the finals against the host country. What just happened is not new.” But Marcial said that whatever happens, one should move forward. “Whatever the decision, we need to accept it, move forward to the next fight, and continue chasing our dream. Congratulations, tol (brother). Salute.” Marcial skipped the 2026 Asian Games due to a tight schedule since he just had a professional boxing match in the United States, knocking out American Omar Ulises Huerta. The Association of Boxing Alliances of the Philippines (ABAP) and Marcial had a joint decision to skip the Japan Games since rushing back to amateur format after his professional bout could pose an unnecessary physical and health risk.

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