Comments by Sally Kraft finance specialist
The boat buying market has been competitive over the last couple years. Many buyers paid cash and although they are thrilled with their new boat, they may wish they still had some of that cash. They can!
With a cash recapture loan, a boat buyer can obtain a boat loan within 60 days of closing on their new boat. The main factors for determining the terms of the loan are the loan amount, age of the boat, client’s credit history, and the loan-to-value.
Boat loan rates are at historical lows and financing is a great way to replenish your cash for other investments.
For more information, Sally Kraft of Seacoast Marine Finance can be reached at (925) 963-2926 or [email protected]
Seacoast Marine, Aircraft & RV Finance
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