Poseidon Ferry

Jonathan Silvia
Owner
Poseidon Ferry

Jonathan Silvia learned the commuter ferry business from the ground up. Or more appropriately, from the water’s edge and down. He cut his teeth as a deckhand on Seastreak, a ferry service that carries over one million New York and New Jersey commuters each year, and over time, honed his sea-faring ways on water commutes to Nantucket and Martha’s Vineyard. When Seastreak found itself shorthanded, Jonathan doubled his efforts and worked in the office, learning the ins and outs of the business including all the mechanical and engineering requirements of boat operations and maintenance. 

 



He Started Something Incredible

Welcome Aboard. It’s Time to Ride Poseidon Ferry Serving South Florida.

With a boatload of experience, Jonathan Silvia came to Miami to start the first waterborne transportation company in the Dade County area. The year was 2019 and the timing was seemingly perfect to launch Poseidon Ferry. Others had tried to start a water transportation business, but after 15 years, the challenges and regulations seemed insurmountable to others – but not to Jonathan. Because of road construction, Miami traffic had become unbearable, and Jonathan spent much of the year planning, negotiating with city officials, and looking for a banking partner who saw the opportunities that Jonathan saw.

Welcome aboard, IncredibleBank.

After successfully securing an SBA loan through IncredibleBank (“the best day of my life,” recalled Silvia) and also securing a vessel, the hard work was set to begin. The boat, a catamaran originally pushing 10 knots, needed to be faster and more efficient. Now, with four Yamaha 300HPs, the craft travels at 22 knots and crosses its route in 16 minutes, saving commuters countless hours each week as they head round trip to their destinations. Jonathan chose a catamaran because the boat had to fit under a series of bridges, and although the bridges opened for taller vessels, the openings stop traffic which all but eliminates the need for a waterborne taxi service. After nearly five months of refurbishing the boat, it was ready for its maiden voyage.

And Then Came Covid.

 

With a fury not dissimilar from the wrath of storms the Greek god Poseidon was able to unleash on mankind, the pandemic hit causing Poseidon Ferry to shut down in 2020 after only six weeks in business. The following year, when commuters and tourists returned to Florida, Poseidon Ferry successfully relaunched with great fanfare.


In spite of the hard work Silvia has done and continues to do, both in the office and on deck, he credits IncredibleBank with a large part of his success. “IncredibleBank really is incredible,” said Jonathan. “From the start of the loan process, all the way through its conclusion, and from the pause the pandemic created to our relaunch, the IncredibleBank team has been nothing short of remarkable. They are so responsive and understanding, and they are true hand-holders walking me through the entire process and being extraordinarily transparent in their timetable and expectations. I’ve worked with plenty of other banks and have never seen people so welcoming, so kind, and so interested in their customer’s success. I just can’t say enough about IncredibleBank; in fact, I’ll never stop singing their praises.”














































































































 
"I’ve worked with plenty of other banks and have never seen people so welcoming, so kind, and so interested in their customer’s success. I just can’t say enough about IncredibleBank; in fact, I’ll never stop singing their praises.”
 
Jonathan Silvia
Owner
Poseidon Ferry