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  2. How to finance a boat: 5 steps & where to find the best loans

    www.aol.com/finance/everything-know-financing...

    Boat loans are a type of installment loan that is used specifically for the purchase of a vessel. These loans can be secured or unsecured and typically have repayment terms of two to 15 years.

  3. Weigh all your options: How to choose the best boat loan lender

    www.aol.com/finance/comparing-options-choose...

    The best boat loan lender may be a personal loan company since they can offer fast and easy financing. Personal loan lenders offer loans as high as $100,000 with terms as long as seven years ...

  4. How do boat loans work, and are they the best way to finance ...

    www.aol.com/finance/boat-loans-types-terms...

    Secured boat loans use the boat being purchased as collateral. Terms may be as long as 20 years, giving you a much lower monthly payment than you would have with an unsecured loan. Most unsecured ...

  5. Pre-approval - Wikipedia

    en.wikipedia.org/wiki/Pre-approval

    In lending, a pre-approval is the pre-qualification for a loan or mortgage of a certain value range. [1]For a general loan a lender, via public or proprietary information, feels that a potential borrower is completely credit-worthy enough for a certain credit product, and approaches the potential customer with a guarantee that should they want that product, they would be guaranteed to get it.

  6. UCC-1 financing statement - Wikipedia

    en.wikipedia.org/wiki/UCC-1_financing_statement

    A UCC-1 financing statement (an abbreviation for Uniform Commercial Code-1) is a United States legal form that a creditor files to give notice that it has or may have an interest in the personal property of a debtor (a person who owes a debt to the creditor as typically specified in the agreement creating the debt).

  7. Ship mortgage - Wikipedia

    en.wikipedia.org/wiki/Ship_mortgage

    In a ship mortgage or ship hypothec (civil law term, covering also a maritime lien), a shipowner gives a lender (or mortgagee) a security interest in a ship as collateral for a mortgage loan. Similar to other types of mortgages , a ship mortgage legally consists of three parts: the mortgage loan, the mortgage document (deed) and the rights ...

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