What financing options exist for a boat purchase?
Some banks and finance houses offer marine loans; assessment usually requires a current survey and a valuation. Rate and term follow the boat’s age and value.
Why it works this way
What the lender looks at is not the asking price but an independently documented value, so having the valuation done before applying speeds the process and affects the collateral figure.
Related services
Serkan Kotel · independent yacht surveyor · IIMS · ABYC · MCA
