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Performance Boat Financing
Been looking at financing for an Outerlimits, Bank just bounced back a 20% debt to income ratio requirement, including the boat loan. Another slam on the performance boat industry. Anyone getting loans with the old 40% requirement? And from Who?
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Try this guy - he did a great job for me and they are financing!
Jason Fox Coastal Financial 1157 South Shore Dr. Holland, MI 49423 p. 616.494.2628 |
Here is another great guy to try:
Bill Grambo Great Lakes National 586-773-5533 |
Thanks
I will give them a try.
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Any updates Hydro? We are having trouble ourselves.
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No luck, just let the boat go. Started looking all over again.
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Call Dave Patnaude at Essex
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Try Kyle at New Coast Financial (727-741-8150) or Donna Ryan at Essex (713-819-0955). Good luck!
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Essex is not good for a cat, I just tried to do a $50k loan on a 2005 eliminator with an ilmore, they value the boat at $50k and will only loan 45k of that at 7.99%. I have a 800 fica and no debt.
I am shopping for a loan |
We got our deal financed through Key Bank. We got the terms and cash that we wanted but the rate was not great! It is wicked to get financed right now. Best of luck to you.
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