SELLER FINANCING PACKAGE
Available through our partnership with the nation's leading boat financing consultants.

       FINANCING BENEFITS

  An efficient way for sellers to promote the quick sale of their vessel with minimal effort.

Buyers can get better rates or terms than those offered by commercial marine lenders.

Sellers typically earn a better return on interest income than other comparable investments.

Buyers can avoid the hassle of shopping for a boat loan in today's adverse environment.

Sellers can eliminate the costs of keeping their boat on the market for an extended period.

Buyers can eliminate costly loan origination rates and other fees associated with commercial loans.

No waiting for loan approval or other delays sometimes associated with commercial lenders.

  Flexible terms can be negotiated as part of the purchase and sale arrangement.

These are difficult times in which to finance the purchase of a boat, even for qualified buyers with good credit standings. Seller financing is the perfect solution for those who are willing to carry back a secured loan contract from the buyer. This offers excellent benefits for both parties and can be easily arranged through a well constructed seller financing package. We are pleased to present this outstanding program through our partnership with the nation's leading boat financing experts.

Flexible loan terms for both parties.
Packages for all types and sizes of vessels.
Commercial boat financing packages.
Includes preparation of all loan documents.
Work through your boat broker or dealer.
Full credit investigations with detailed reports.
Primary and secondary loan packages.
Drafted by professional loan experts.

Complete buyer qualification analysis.
Loan buyout assistance program.
Affordable loan financing packages.
Fully secured and perfected loans.
Professional guidance and consultation.
Includes loan amortization schedules.
Payment collection arrangements.
Fast, thorough, and courteous service.

How It Works - Scenario

Please read our terms and conditions before using this service.



Seller Financing Scenario TRW owns a 42 Power Boat named "Whatzit" -- a nice boat. It has a value of $125,000. An "empty nester", boating no longer holds significant appeal, and the time has come to sell the boat. But, it is pre-1990 and many conventional financial sources are unavailable to Whatzit's prospective Buyers. TRW pays $400/month moorage and $1800 annually for insurance. Not counting maintenance and upkeep, the boat is costing $550/month and not being used. A Buyer comes forward with $25,000 down but needs TRW to finance (carry the contract). On considering the following comparison, contract terms are arranged and the "Whatzit" now has a new Owner. Had TRW been "cashed-out" the $125,000 and banked it in a three year CD at a Bank its value at 36 months would be $136,771 (approx.) at today's rate of 3.0% (APY 3.045).Interest income for 36 months is $11,771 (approx).TRW lets it sit and cash flow (eliminating moorage and insurance) is $550/month. Carrying the Contract, TRW receives payments of $700/month from the Buyer after banking the $25,000 down payment. This is based on a 180 month amortization. This particular arrangement calls for a Balloon Payment at 36 months of $97,713 (approx.) TRW's cash flow is $1250, the payment plus relieving the payments for moorage and insurance. Interest Income for the 36 months is $22,213. (All figures are approximate, but close). The Total $$$$ TRW has received after 35 months is $49,500 (including the down payment) and the final payment is $97,713.

MarineTitle.com

A Division of Maritime Partners, LLC

SELLER FINANCING PACKAGE Available through our partnership with the nation's leading boat financing consultants.

Seller Financing Scenario

SELLER FINANCING PACKAGE
Available through our partnership with the nation's leading boat financing consultants.