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Like any type of loan, your credit and finances have a major impact on the boat loan terms you qualify for. Financing a used vs. a new boat. Whether you're buying new or used, boat loans generally ...
Bankrate’s take:Utility bills, credit card statements and lease agreements all serve as proof of residence.Copies of your tax returns, W-2s, 1099s and bank statements can be used as proof of income.
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.
Net sales were US$1.7 billion in 2008, [2] and US$1.0 billion in 2012. [1] The Boat Group makes Sea Ray, Bayliner and Meridian pleasure boats; Boston Whaler, Crestliner, Cypress Cay, Harris (formerly FloteBote), Lowe, Lund, Princecraft fishing, deck and pontoon boats. Brunswick is one of the largest boat makers by units in Europe, with ...
The sales netted a much needed $248 million in cash for OMC. One portion of the money was used for capital improvements for its boatbuilding facilities while another portion was invested in building a new Suncruiser aluminum pontoon boat. Despite the large expenditures, OMC's decision to focus on boatbuilding proved to be a good one.
A pleasure boat with two lengthwise pontoons. A pontoon boat is a flattish boat that relies on floats to remain buoyant. These pontoons (also called tubes) contain much reserve buoyancy and allow designers to create large deck plans fitted with a variety of accommodations including expansive lounge areas, stand-up bars, and sun pads.
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