Before you finance a used boat loan you can expect a lender to ask for and evaluate certain information about you.

Used yacht loans. South Carolina Federal offers a number of financing options to fit your needs. Refinancing construction refit offshore registry and foreign delivery. In addition to new boats unlike most lenders we offer financing for used boats up to 30 years old and lower-balance loans.

We are committed to delivering honesty and integrity throughout the entire lending process after which youll become part of the Elite Financial International family. If you finance through a lender you can either have the funds sent to you or have the lender directly pay the dealership. Use our Boat Loan Calculator to determine a monthly payment thats right for you then fill out the Online Loan Application for our lending partner to underwrite.

Once your application is completed a representative will evaluate the. While its common to arrange boat finance straight from the seller you can also borrow from an independent lender giving you more flexibility when it comes to. A boat loan is an alternative way to secure finance to purchase a new boat.

Boat loans work by offering you funding for a new watercraft that uses your vessel as collateral. The loan can be used to finance a new or used boat and may include different types of watercrafts such as jet boats pontoon boats sailboats and even yachts. New Boat Used Boat Yacht loan options available.

Expedited loan process with online document sharing and electronic signature. Best Loan Experience Guaranteed. Before taking out a loan be sure you can afford the repayments.

You can find a boat loan directly through a dealership or private lender. If youre financing a used boat thats over 100000 the lender may require more. Unsecured boat loans An unsecured boat loan doesnt use the boat or anything else as collateral.