Wrightsville Beach, NC: Azure Funding, a new recreational finance firm led by industry experts, has recently launched with headquarters in Wrightsville Beach, NC. The firm came to fruition as Glenn Overton, Azure CEO and Co-founder, saw gaps in the marine lending industry and knew things needed to change. After forming a strong team of experienced professionals, Overton launched Azure with the goal of creating a national financial services firm that provides the best lending experience possible for every type of customer.
Unlike competing financial services firms, Azure promises to work diligently on every lending application, rather than prioritizing larger, more straight-forward deals. Overton vows that the Azure team “treats all of our customers in the same manner; whether you are purchasing a shallow water inshore skiff to a mega-yacht, you will receive the best service possible.” Additionally, Overton states that Azure’s wide range of conventional and unconventional capital partners ensure that “if a deal can get done, Azure will get it done” at the best rate and in the shortest amount of time possible.
Prior to co-founding Azure Funding, Overton launched a prominent yacht brokerage as well as two of the largest marine service providers in the country. When deciding to branch off on his own and form Azure, Overton joined forces with highly experienced marine industry professionals who have worked on the dealership, brokerage and finance sides of the business. In doing so, the Azure team fully understands the process and the structure of the simplest to most complex deals and works with a strong sense of urgency.
This announcement comes when interest rates are at historic lows, making this an opportune time to finance or refinance your marine acquisition.