Performance Boat Financing
#1
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Join Date: Apr 2004
Location: Amite River Diverson Canal
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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?
#9
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Location: San Bernardino, Ca.
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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
I am shopping for a loan
#10
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Location: Oneida Lake
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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.