My Financing USA
- Company typePrivate
- Founded2003
- HeadquartersLouisville, United States
- Headcount—
- GTM typeB2C
- OfferingServices
My Financing USA firmographics
Firmographics- Name
- My Financing USA
- Legal name
- Bailey Carrier Capital, Inc.
- Website
- https://myfinancingusa.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Ownership category
- akta.pro rank
My Financing USA industry classification
Industry- Product category
- Consumer Lending / Loan Brokerage
- NAICS
- Mortgage and Nonmortgage Loan Brokers (52231), Mortgage and Nonmortgage Loan Brokers (522310)
- SIC
- Loan Brokers (6163)
- akta.pro primary industry
- Large Purchase & Lifestyle Personal Loans (Unsecured Installment) (FSAKAAAG)
- akta.pro secondary industry
- Retail Credit (Closed-End) & Promotional Financing (0%/Deferred Interest) (FSAKAFAF)
Keywords
Where My Financing USA is headquartered
LocationHeadquarters
- HQ city
- Louisville
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
My Financing USA business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Technology or R&D, Operations
Revenue model
- Document/Origination Fees: The company charges document fees ranging from $495-$795 (standard) up to $495-$2995 (terms and conditions page) for their brokering services. This fee is financed into the loan amount at closing. They do not charge an application fee.
- Lender Referral Commissions: As a loan broker/marketplace, My Financing USA earns referral fees or commissions from lenders when they successfully match borrowers with appropriate financing programs. The company searches nationwide to find the best RV and boat financing programs for customers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Standard Loan Programs - Starting at $10,000 |
| Transaction based/ take rate | Monthly | Boat Refinancing - Starting at $50,000 |
| Transaction based/ take rate | Monthly | Bad Credit Boat Loan Program |
| Unit Pricing | Monthly | Sample Payment Examples |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
My Financing USA product offering
Product offeringCore offering
My Financing USA is an online loan brokerage that matches individual borrowers with a nationwide network of lenders for RV, boat, motorhome, and other recreational vehicle financing. The platform accepts applicants across the credit spectrum (550 minimum credit score) and offers loan amounts starting at $10,000 with terms up to 20 years and APRs from 5.99% to 19.95%. The company earns revenue through lender referral commissions and document/origination fees financed into the loan amount at closing.
Product overview
My Financing USA operates as a nationwide loan brokerage platform connecting borrowers with lenders for recreational vehicle and boat financing. The core offering consists of loan products across multiple categories: RV Loans (including travel trailers, fifth wheels, toy haulers), Boat Loans (bass boats, pontoon boats, yachts, jet skis, catamarans), Motorhome Financing, and Camper Loans. Additional products include ATV/UTV financing, horse trailer loans, and refinancing options for both boats and RVs. The platform differentiates by serving all credit types with a minimum credit score requirement of 550, offering terms up to 20 years, loan amounts starting at $10,000, and APR rates ranging from 5.99% to 19.95%. Supplementary services include credit consulting, warranty protection, extended service contracts, and diesel discounts. The company operates exclusively online with a DigiCert Norton VeriSign secured website and is a contributing member of RVIA, RVDA, and NMLA.
Differentiator
Problem solved
Functional benefit
Products and services
- RV Loans
Quantifiable outcome
- 22 years in business with $16.2 billion in applications processed
- +3 more outcomes
Companies that use My Financing USA
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles2 records
My Financing USA technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
My Financing USA partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- RV Industry Association (RVIA)coreContributing and accredited member of RVIA. This membership provides industry credibility and ensures compliance with RV industry standards.
- RV Dealer Association (RVDA)coreContributing and accredited member of RVDA. This membership connects the company with RV dealers across the nation.
- National Marine Lenders Association (NMLA)coreContributing and accredited member of NMLA. This membership provides industry credibility in the marine lending space.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
My Financing USA competitors and assessment
Company assessmentBroad incumbents
- LendingTree: LendingTree operates a much broader online lending marketplace across mortgages, personal loans, auto, and small business. It is comparable as a multi-vertical loan brokerage/marketplace business model, though it is far larger and more diversified than My Financing USA's RV/boat specialty focus.
- LightStream: LightStream (a Truist brand) originates online unsecured loans for purposes including RVs and boats. It competes for the same large-purchase borrower but as a direct lender rather than a broker, making it a useful incumbent comparable for product overlap even though the business model differs.
- Synchrony Financial: Synchrony is one of the largest private-label and installment lenders in the U.S., with deep recreational vehicle and marine financing partnerships through dealers. Comparable as a major institutional supplier of capital in the RV/boat credit ecosystem that My Financing USA routes borrowers to.
- SunTrust (now Truist) / Essex Credit: Essex Credit, a division of Bank of America, specializes in marine and RV financing through dealer relationships. It is one of the most established direct lender competitors in the boat/RV loan space and competes for the same dealer channel as My Financing USA.
Direct peers
- RefiJet: RefiJet is an auto refinancing broker specializing in matching borrowers with lenders for vehicle loan refinancing. It is a direct comparable as a specialty refinance brokerage using a nationwide lender network model similar to My Financing USA's boat refinancing product.
- RateGenius: RateGenius is an online auto refinance loan marketplace that matches borrowers with lenders for vehicle refinancing. It is a direct peer as a specialty consumer loan broker with the same lender-matching business model, focused on vehicle refinance use cases.
Regional players
- Alliant Credit Union: Alliant offers recreational vehicle and boat loans to its members, and is one of many credit unions that compete for prime-credit RV/boat borrowers. Comparable as a specialty asset lender in the same asset classes, though it serves a defined membership rather than operating an open marketplace.
- Bank of the West / Tri Counties Bank RV/Boat Lending: Regional and community banks offer recreational vehicle loans as part of consumer lending portfolios. They are comparable as competing sources of RV/boat credit, particularly for prime borrowers in their footprints.
Emerging players
- BoatUS (Boat Owners Association of the United States): BoatUS is a membership organization that historically facilitated boat loans through partner lenders. Comparable as a boat-focused consumer-facing financing intermediary targeting the same recreational marine buyer.
- GoodLeap (formerly Loanpal): GoodLeap operates point-of-sale lending marketplaces for home improvement, solar, and other specialty verticals. Comparable as a digitally native specialty finance marketplace/broker with a similar online origination and lender-matching model in an adjacent vertical.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
My Financing USA social profiles
Digital presenceMy Financing USA compliance and trust
Trust signalCompliance6 records
My Financing USA financial estimates
Financial estimateRevenue estimate
Valuation estimate
My Financing USA leadership team
Management profileNumber of profiles
My Financing USA funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
My Financing USA M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about My Financing USA
What does My Financing USA do?
My Financing USA is an online loan brokerage that matches individual borrowers with a nationwide network of lenders for RV, boat, motorhome, and other recreational vehicle financing. The platform accepts applicants across the credit spectrum (550 minimum credit score) and offers loan amounts starting at $10,000 with terms up to 20 years and APRs from 5.99% to 19.95%. The company earns revenue through lender referral commissions and document/origination fees financed into the loan amount at closing.
Is My Financing USA a public or private company?
My Financing USA is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was My Financing USA founded?
My Financing USA was founded in 2003.
Where is My Financing USA based?
My Financing USA is headquartered in Louisville, United States, in the North America region.
How does My Financing USA make money?
Two revenue lines are on record. Document/Origination Fees are the primary driver. The others are lender Referral Commissions.
Who are My Financing USA's main competitors?
Broad incumbents on record are LendingTree, LightStream, Synchrony Financial and SunTrust (now Truist) / Essex Credit. Direct peers are RefiJet and RateGenius. Regional players are Alliant Credit Union and Bank of the West / Tri Counties Bank RV/Boat Lending. Emerging players are BoatUS (Boat Owners Association of the United States) and GoodLeap (formerly Loanpal).
Does My Financing USA have an API?
No public API is recorded for My Financing USA.
What industry is My Financing USA in?
My Financing USA's product category is Consumer Lending / Loan Brokerage. Its primary akta.pro industry code is FSAKAAAG, Large Purchase & Lifestyle Personal Loans (Unsecured Installment), with a secondary code of FSAKAFAF, Retail Credit (Closed-End) & Promotional Financing (0%/Deferred Interest). Its NAICS code is 52231 and its SIC code is 6163.