While our sales offering is of the best quality, they can turn out require a considerable financial obligation from you. However, while this might have put you off before, it should not anymore. At Mercantile Marine, we offer an additional service that cut across boat financing.

Now, you don’t have to worry anymore about having to make a lump payment from your personal or business account. You can now contact us and allows us to provide bespoke services that enable you to purchase your boat without financial difficulties. In turn, you contract to make the repayments over a period.

At Mercantile Marine, we provide various finance options that you can maximise. They include.

Consumer Loan

We offer consumer loans that you can leverage on to purchase the boat of your choice. Also regarded as a secured loan, we offer the purchase price that allows you to make the necessary purchase. In return, we obtain an interest in the boat as security for the purchase price.

However, you retain ownership from the very beginning, and once you discharge your obligation, the interest gets extinguished. 

Personal Loan

We offer personal loans that you can leverage on to purchase the boat of your choice. Also regarded as an unsecured loan, we offer the purchase price that allows you to make the necessary purchase. In turn, you commit to making monthly repayments over a period.

Like in the consumer loan, you also retain ownership from the beginning. However, it may come with higher interest rates thanks to the higher risk borne by the financer.

Our consumer and personal loan provide:

  • Financial flexibility 
  • Fixed interest rates
  • Possible tax deduction 

Why Choose Us

At Mercantile Marine, we offer many competitive edges that make us preferable for your boat finance. The benefits that come with choosing us, include:

Fast Approval

We do not expect you to wait for ages before approval of your loan or finance request. As such, we attend to your requests in record time. We believe that the faster our process, the easier it is for you to get the boat of your dreams. As such, we review your application and deliver the necessary funding faster than you can imagine.

Flexibility

At Mercantile Marine, our boat financing options are wholly flexible and allows you to finance your way. So, whether you are looking to get a used boat or a new yacht, whether, for business or personal use, we ensure that we have you covered.

Your boat type is also not a barrier. Whether you are looking to get a leisure craft or a jet ski, we ensure that finance is just a click away. At Mercantile Marine, we know all about boat loans which allows you to get the best boat finance deals with us.

Lower Rates

We understand that you are trying to avoid the financial difficulties that come with lump payments. However, we believe that doesn’t mean that you have to experience financial problems in the long run due to high rates. As such, at Mercantile Marine, we offer competitive rates that allow you to finance your purchase without stress.

Our rates offering allows you to maintain financial stability as you plan your repayment over a flexible and convenient period.

If you’re looking to finance the purchase of a boat or yacht, at Mercantile Marine, we can help you. You can contact us through any of the means below. 

Frequently Asked Questions

Is there a particular boat you can finance?

Our boat finance cut across different boat categories. So, whether you are looking to get a yacht or a motor cruiser or a powerboat, we can help you. You can reach us at Mercantile Marine for more information.

Can I purchase a boat from private sellers?

Yes, at Mercantile Marine, we offer our boat finance to various forms of transactions. As such, if you are looking to purchase from a private seller, new or used, we can help you.

Can I get boat finance regardless of my bad credit?

Generally, you will need good credit to obtain loan finance. However, at Mercantile Marine, the failure to have one is not the end of the process. We provide boat finance to various individuals with bad credit. You can reach us at Mercantile Marine for more information.

Can I apply for a boat loan, although I am self-employed?

The fact that you are self-employed does not stop you from obtaining a boat loan. At Mercantile Marine, we offer our financial services to independent people. We also help retirees get the boats of their dreams without any stress. You can reach us at Mercantile Marine for more information.

Can I finance the purchase of multiple boats?

Yes, you can purchase multiple boats with our finance options. We offer flexible boat finance that extends commercial boat purchases. You can reach us at Mercantile Marine for more information.