Cocktail Time
Well-Known Member
- Jul 9, 2007
- 1,208
- Boat Info
- 1998 400 Sundancer, Garmin 840xs GPS, Furuno Radar, B&G GPS pilot etc.
- Engines
- Cat 3116's, Westerbeke 7.6 BTD
Looking for recommendations for lenders that will finance 20 plus year old boats. I have a friend that has a contract that is stagnating due to the buyer not being able to obtain financing on a 1998 400 DB. The buyer has excellent credit and a substantial amount of money for a down payment but lenders will only work with dealerships on older vessels, or at least the ones I'm familiar with. Can yall offer some sources? Thank you.