Loans Against Yachts

Every person may face financial difficulties. An unexpected illness, business investment, a last minute travel offer, a wedding – there can be many reasons for applying to a bank for a loan. However, the financial institution is in no hurry to come to the rescue, putting forward certain conditions and demanding an impressive package of documents. An advantageous loan secured by yacht or jet ski is offered by many loan companies in the USA. The staff estimates the yacht and issues a loan.

How to get a loan?

In order to get a loan secured by a yacht, jet ski, boat there are no obstacles, the procedure is similar to a standard transaction with an auto loan. On the website, you need to fill out the proposed form and indicate:

    the amount of the desired loan;

  • detailed information about your yacht;
  • contact details for communication with the manager.

The application will be processed immediately and a company representative will contact you to clarify the details. After a technical and visual assessment, the water transport expert decides on the amount of the transaction. Documents are processed within an hour, the interest rate on a loan secured by a yacht, scooter or boat is selected on an individual approach. Pledged property is under reliable round-the-clock protection until the moment when the debt is repaid. If the owner wants to sell his property, the company is ready to offer up to 80% of the appraised value.

Benefits

Not all lending institutions can offer money on credit against a yacht or jet ski. Advantages of cooperation with the may US pawnshops are undeniable:

  • objective assessment;
  • profitable financing program;
  • money secured by a yacht can be received on the day of treatment;
  • minimum documents;
  • high level of service.