Marine Credit - Non-Marine Loan
Some credit managers are very interested in the financing of boats and give much flexibility to maritime loans granted to customers, even if the vessel sails in Canada, in USA, the Caribbean or elsewhere.
Given the large number of marine transaction that we manage for financial institutions, we can refer you to branch offering the best conditions (interest rates, repayment, flexibility etc.), this free of charge.
These loans are directly related to the boat and often remain after its sale.
For any loan below $ 35,000 we recommend the following credit products:
The conventional personal loan
It requires high interest rates and its total refund period is usually 5 years or less.
The estate mortgage
Quite often, with this type of loan the family residence serves as the guarantee and requires high notarial fees.
Contact one of our Marine Advisors for details on maritime credit!