SeaDream will help individuals with less credit or than-perfect-credit challenges with versatile watercraft funding options. SeaDream’s Bad Credit Boat Loans Department focuses on mid-tier credit score and sub-prime marine funding programs.

Our mid-tier programs will allow you to secure competitive funding even although you might not be eligible for today’s prime rate. SeaDream now offers sub-prime watercraft financing programs, that allows one to re-establish / rebuild your credit history while experiencing the fun lifestyle that is boating.

With funding up to $100,000, SeaDream’s mid-tier and sub boat that is prime programs provide you with a number of choices to meet your requirements.

Bad Credit Boat Loan Terms

• Loan Terms as much as 15 years
• Simple Interest Financing without any Pre-Payment Penalty
• Standard Fixed Rate & Temporary Fixed Products
• Interest levels differ from 9.95 – 17.99%

You meet the following minimum qualifications before you apply please review the following to ensure:

1. Loan Qualifications:

• Minimum Advance Payment: 10% +
• Boats Might Not Be Avove The Age Of fifteen Years
• Devices That Don’t Qualify: Powerful Boats, Commercial Vessels, & Houseboats

2. Credit Profile Parameters:

• Credit Score / FICO rating should be 550 or Above
  • If you should be uncertain exacltly what the present credit history is, simply simply click Credit Reports to obtain a duplicate of the credit file.