| Finance From Severn Valley |
Attractive finance
packages can be arranged with one of the major
marine finance companies. We purposely do
not tie ourselves to one finance house to
keep ourselves competitive. Once we have your
details and requirements we then ask for the
very best quote from 2 or 3 different companies.
Marine Mortgage or Marine Loan: the choice
is yours
|
|
|
-
There is
virtually no upper limit to the funding
you can apply for, subject to your ability
to repay.
-
Your home
or other financial assets are not at risk
because your boat provides security.
-
You’ll
find the finance company very flexible and
able to agree repayment options such as
low start and balloon.
-
A fixed
monthly payment throughout your loan. Any
variations in the interest rate are accommodated
by making the term of your loan longer or
shorter.
-
You’ll
feel the benefits of any lump sum payments
right away because interest is calculated
daily.
-
There’s
no financial penalty at all unless you settle
the agreement within the first six months,
in which case a fee of one month’s
interest is payable.
-
You can
normally borrow up to 80%
|
|
-
Apply
for up to £25,000, unsecured.
-
You can
take up to 10 years to repay your loan.
-
Variable
Rate – To make budgeting simpler,
your monthly repayment would stay the same
throughout the period of the loan. Any interest
rate changes are then accommodated by shortening
or lengthening the term of the agreement.
|
|
|
