Boat loans

BOSBoatMan

Vice Admiral
Joined
Jul 25, 2012
Posts
3,669
Likes
1,460
Location
Bay Pointe Marina, Quincy MA
Boat Make
36 Hatteras/13 Whaler/24 Sailfish
While I can appreciate your usage of the period for empatically speaking, you needn't post so many. And update your profile so we know where you hail from etc

And your question is vague to say the least. Are you commercial or pleasure? Liveaboard or no? And how long do you want to go?
 

m williams

Commander
Joined
Nov 16, 2011
Posts
269
Likes
55
Thank you everyone for the info I am looking at a company. Sterling associates Any feed back would be great. I am looking at buying first down east boat.
 

CEShawn

Vice Admiral
Joined
Sep 21, 2011
Posts
3,331
Likes
1,231
Location
Cape Cod, MA
Boat Make
Downeastless
Yes, make sure you tell them it won't be a recreational documentation, then see who is left... Oh wait, let me get a recreational endorsement, then see what happens with the USCG in 2015 (?) or when your sitting across from the IRS trying to deduct something that isn't fisheries/coastwise...

It can be done, but not easily. I had better than 90% credit, 1/4 cash ready to go and it was a nightmare to get it done.

In the end, used my credit union, they didnt care about anything and didnt even put money down...
 


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