Getting a fishing boat, whether a family boat that you use sparingly when trying to escape the hustle and bustle of the city or a commercial fishing boat that would spend hours on water daily is an expensive enterprise. It requires capital that may not be readily available while the purchase might be urgent, especially when it is for commercial purpose. Thinking of where to get the funding for your enterprise, try. We can help you secure the financing for your boat purchase. Many people have the erroneous belief that because a boat is expensive, it might be difficult to finance. In reality, it is not so different from getting a car loan. In fact, if you can qualify for a car loan, your chances of qualifying for a boat loan is very high.
Once you decide to use boat finance, you have different options of how you get the finance. Each option has its pros and cons but when everything is added up and weighed on the scale of convenience and financial benefits, letting your boat dealer arrange the financing for you is the best option available. As your boat dealership, Mcginnity Marine Art ensures that you get multiple financing options and work with all the way from the point you step into our office looking for a boat till you actually own the boat.
We provide boat financing services to individuals seeking to own a fishing boat for leisure, fishermen wishing to start their commercial fishing business and fishing companies that are hoping to expand their fleet.
Why Use Our Boat Financing?
Quick Application Process: The whole application process takes a couple of days once you submit the required documents. It starts with checking your credit score to confirm you’re eligible for a loan; this check is routine as most times of our lenders are just concerned with your ability to repay the loans. Then we send your application to our lending partners, receive different financing offers and deliberate on each offer with you. Our financial experts explain the terms using simple everyday language, and after you’ve decided on the funding you want; we handle the rest of the paperwork.
Versatile Team: our team includes fishing boat experts and financial analysts who handle different aspects while working together to help you secure the boat loan. The fishing boat experts advise you on boat choices based on what you state as your needs and business requirements if it is for commercial purpose. They make recommendations on the type of boats, the engine, upgrades, brand, and all other details. The financial analysts deal with finding suitable lenders, comparing the terms and conditions, and providing comprehensive explanations about all the terms to you so that you will understand the financial implications. In the end, they recommend the right lenders for you and leave you with the final decision.
Strong Relationship with Lenders: At Mcginnity Marine Art, we create great relationships with everyone we do business with, both customers and lending partners. Coupled with this is the years we have spent within the industry which have helped us foster mutually beneficial affiliations with many lenders in the industry, both conventional and non-conventional. We use the relationships as leverage to secure the best financing terms for you.
No Hidden Charges: Our customers aware of the partnerships with lenders, and this does not influence any recommendation or decision we make. It is beneficial on both ends, and our customers are not charged any extra fee for getting the loan through us. Everything is done out in the open, and trust is the soul of our business. We believe that a relationship, whether business on personal that is not built on trust, will soon collapse. So, we ensure that we do everything to cultivate trust and ingrain it into our business culture.
What Type of Boat Can You Use Financing for?
Financing is available for all types of boats, regardless of brand, sizes, and models. Our lending partners finance the purchase of both new and used boats. So, the answer is all types of boats.
The financing options can be easily adapted to fit your financial position, so don’t worry too much about whether the terms, rates, or repayment structure will work for you. It is designed to work for you.
Contact us today to make further enquiries about boat financing and get started.
DISCLAIMER. THIS INFORMATION IS ONLY AVAILABLE AS A GENERAL GUIDE ON THE GOVERNMENT POLICIES. IT IS DERIVED FROM THE OFFICIAL AUSTRALIAN GOVERNMENT SOURCES. WE DO NOT BEAR ANY RESPONSIBILITY FOR THE COMMENTARY AND ANALYSIS OF THIS PUBLIC DOMAIN INFORMATION NOR ANY LIABILITY FOR HOW THE FACTS ARE INTERPRETED. IT IS RECOMMENDED THAT YOU SPEAK WITH AN ACCOUNTANT OR FINANCIAL ADVISOR TO GET PRECISE INFORMATION AND ADVICE ON YOUR SITUATION.