Boating Credit is a subsidiary of Credit Technologies. We have been in the unsecured loan business since 1998. We provide access to multiple banks, finance companies and credit unions that all offer unsecured loans for purchases related to the marine industry. We have designed a technology through Trans Union that will provide you with a complete credit report for each Applicant while matching their request to potential lenders where they meet the minimum requirements to qualify. The complete credit report and our pre-qualification technology happens with NO AFFECT on the Buyers credit.
After the pre-qualification, one of our Professional Finance Managers will pick up the phone and call you to discuss possible loan options. Then they will work with you and your customer to get their request submitted and processed with the best lender option to meet their needs. This is all a part of our service.
Imagine if you had 100% financing available for every old used boat on your lot! Since the loans we generate are unsecured personal loans, we can arrange financing for any age boat, motor or trailer. We can also provide financing for marine repairs and after market purchases. Start selling payments on those older boats, instead of trying to sell cash prices!
We can arrange loans from $1500 to $50,000. Most of the lenders will require the Applicant to have a good credit score and verifiable income. Loan terms are typically limited to 60 months and rates can vary from 3.9% up to 19.9%. Everything is credit score driven.
We make our money by getting loans closed, not by charging dealer fees. On the other hand, we do have costs involved with every Dealer application that is processed and then not closed. Please call our Dealer Relations Department and see how we can provide our services at NO COST to your dealership.
We advertise used boats for sale with our 100% financing all over the country. As a result, we generate several potential Buyers every week. We advertise your boats! We take all the first calls! We get the customer pre-qualified if they need financing! And then we send them back to you to make the sale!
Please call our Dealer Relations Department at (844) 995-4657 Ext. 3