Sterling Acceptance Corp., which has financed many boats and RVs since it opened its doors 30 years ago, announced that it will expand into aircraft loans.
The company has expanded to remote offices all over the country since being formed Aug. 1, 1987, and is seeking offices in the Great Lakes, Gulf Coast and the Pacific Northwest, co-founder Karen Trostle said.
“We are excited to announce this growth will also expand into aircraft loans,” Trostle said in a statement. “This is a large development for us and we are excited to tackle this section of recreational loans.”
She continued, “Sterling Acceptance was created by the love of family, strength of marine loans, and support from the lending community. We are proud to be the longest serving independently owned recreational loan company.
As the company’s headquarters have grown, it has relocated from Shady Oaks Marina in West River, Md., to Oak Grove Marine Center in Edgewater, Md. and is now also established in Annapolis.
“Sterling Acceptance’s 30-year success could not have been possible without the continued support of its lenders, brokers, and customers,” Trostle said. “We wanted to thank all of you for your support, repeat business and referrals over the years. We look forward to continuing these great relationships through the next 30 years.”