The For Sale By Owner (FSBO) process can sometimes be complex. There are many factors to take into account, and whether you’re deciding if you really want to give up your boat, or just trying to make sure you get a good deal, you may be facing some stress. The payment process itself shouldn’t be part of the hassle, and now it doesn’t have to be. We are very pleased to announce Secure Payments, powered by FundsFlo: the only secure, integrated online transaction solution for private sellers in the marine industry.

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The new Secure Payments, powered by FundsFlo, will take the stress out of payment processing for private sellers involved in FSBO.

The process is simple:

  1. Sign Up: buyer and seller must both register for the service

  2. Fund: buyer funds the Secure Payment deal account

  3. Deliver: seller ships the boat

  4. Accept: buyer inspects the boat and confirms all is well

  5. Pay: seller receives payment from the Secure Payment system

The benefits are extensive:


  • Seller is registered and verified

  • Seller is not paid until you accept delivery of the boat

  • No need to share personal or financial information with the seller

  • Avoid risks of cash, wire or pre-payment

  • The service is offered at no charge for the buyer


  • Buyer is registered and verified

  • Seamless online payment process

  • No need to share personal or financial information with the other party

  • Avoid risks of accepting cash, check or card payment

  • Competitive fee, 1% of final boat sale price

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In just five easy steps, Secure Payments will navigate the seller through sign up, funding, delivery, acceptance, and finally, payment.

Whether you’re buying or selling, Secure Payments ensures that everything will go smoothly. You don’t have to decide to use it—methods such as handshake deals, in-person payments or wire transfers are still available to you—but consider your peace of mind before you decide.