NextBoat Secures Up to $7.2 Million in Debt Financing
NextBoat announced debt financing of up to $7.2 million to support growth and investment in pre-owned boat inventory.
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NextBoat and its subsidiary Off The Hook Yacht Sales entered into a revolving credit agreement with RLLT Capital for up to $5 million, including an initial $2 million advance, to support working capital and inventory purchases. The facility is guaranteed by NextBoat and secured by 7,874,000 shares…
WILMINGTON, NC / / October 29, 2026 / NextBoat Inc. AMEX:NXB ("NextBoat" or the "Company"), today announced that it has secured up to $7.2 million in debt financing to support its growth and investment in pre-owned boat inventory.The financing consists of a $5.0 million revolving li…