Azure Funding

Name

Azure Funding

Legal name

Azure Funding LLC

Website

https://azurefunding.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Recreational Vehicle Lending

NAICS

Mortgage and Nonmortgage Loan Brokers (52231), Sales Financing (52222), Credit Intermediation and Related Activities (522)

SIC

Loan Brokers (6163), Personal Credit Institutions (6141)

akta.pro primary industry

Marine & Boat Finance (FSAKADAH)

Keywords

• Marine financing
• Boat loans
• Aircraft financing
• Rv loans
• Hard money loans

Headquarters

HQ city

Wrightsville Beach

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D, Infrastructure

Revenue model

1. Boat and Yacht Financing: Azure Funding generates revenue through originating boat and yacht loans. They partner with various lending groups and banks to secure funding for clients, earning origination fees and potentially participating in interest income. Loans range from small center consoles to mega-yachts, with terms up to 30 years.
2. Aircraft Financing: Revenue is generated from aviation loan originations for private jets, single-engine planes, and corporate aircraft. The company works with lenders in the aviation industry to find best rates and fund loans quickly.
3. RV and Motor Home Financing: Azure Funding originates loans for RVs and motorhomes, from camper vans to luxury motorhomes. Revenue comes from loan origination fees and interest participation through their network of lenders.
4. Non-Conventional/Hard Money Loans: For customers who don't qualify with traditional banks (challenged credit, self-employed, non-US citizens, bankruptcy history), Azure offers hard money bridge loans. These typically carry higher interest rates and fees, representing a premium lending product for higher-risk borrowers.
5. Extended Warranties: Azure Funding offers extended warranty plans for boats and other recreational vehicles as an additional revenue stream, providing protection plans that complement their financing products.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

Azure Funding originates recreational loans for boats/yachts, aircraft, and RVs through a network of partner banks and lending groups. It also offers non-conventional (hard money) loans for credit-challenged borrowers and extended warranty products. Revenue comes from loan origination fees, interest participation, and warranty sales rather than balance-sheet lending.

Product overview

Azure Funding is a recreational financial services company offering specialized financing for boats/yachts, aircraft, and recreational vehicles. Core products include Boat Loans, Aircraft Financing, and RV Loans, supplemented by extended warranty services and non-conventional/hard money loan options for borrowers who may not qualify through traditional lending channels. The company also provides online loan calculators as tools to help applicants estimate financing.

Differentiator

Problem solved

Functional benefit

Products and services

• Boat Loans (Yacht & Boat Financing)

Quantifiable outcome

• Terms up to 30 years available for conventional boat loans
• +2 more outcomes

Named customers6 records

Segments9 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered key partner.

• Fort Lauderdale International Boat Show (FLIBS)key partnerGTM or Marketing Partner · 29 October 2025Azure Funding is the premier finance partner of the 2025 Fort Lauderdale International Boat Show, described as the world's largest in-water boat show. Azure will be on-site during the show (October 29 through November 2) to provide financing services to attendees.
• Autograph Yacht Groupkey partnerStrategic or Co-development Partner · 1 January 2025Azure Funding announced partnership with Autograph Yacht Group as their premier yacht financing partner. Autograph Yacht Group is a new luxury yacht brand launched by Off The Hook Yachts. Azure positions as the exclusive/preferred financing partner for Autograph Yacht Group customers.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Bank of the Open Road (Open Road Financial): Credit union offering boat and RV loans with competitive rates to members, overlapping the recreational asset finance segment and competing via direct consumer channels.
• Upgrade: Online consumer lender offering personal loans that are frequently used to finance boats, RVs, and other recreational purchases — broader fintech lender competing indirectly for the same recreational finance end-borrower.
• LightStream (Truist Bank): Online division of Truist Bank offering unsecured personal loans used to finance boats, RVs, and aircraft — a balance-sheet-funded incumbent competing for the same prime-and-near-prime recreational finance borrower.
• Essex Credit (a Synchrony Financial company): Synchrony subsidiary offering boat, RV, and powersports loans through dealer networks — a much larger incumbent in marine/RV financing with broader credit access and balance-sheet funding, competing for the same dealer channel.

Others

• NextBoat (NYSE: NXB): Parent company of Azure Funding; publicly traded marine-focused platform whose ecosystem, customer base, and strategic direction directly shape Azure's market position.
• LendingTree (LendingTree Boat Loans marketplace): Online lending marketplace where borrowers can shop for boat loans — adjacent channel that both competes for and routes marine finance demand to participating lenders.
• Med One Capital: Equipment leasing and finance company — broader equipment finance peer demonstrating adjacent asset-financing business model capabilities relevant to recreational asset originations.

Direct peers

• Newcoast Financial Services: Specialty marine and recreational vehicle lender offering new and used boat, RV, and motorcycle loans through dealer relationships — directly overlapping Azure's core boat/RV origination business and channel motion.
• Trident Funding: Direct marine financing specialist offering boat and yacht loans with terms up to 20+ years, competing for the same dealer referrals and individual boat buyers in the US recreational marine finance market.
• Dougherty Funding Solutions: Marine, RV, and aircraft financing broker specializing in non-conventional and hard money loans for challenged-credit borrowers — directly mirroring Azure's hard-money niche and dealership referral model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/azurefunding

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Azure Funding