I wanted to share some important tips that I have learned over the years about getting financing for your boat. Some of them may certainly be considered common sense, but we all need reminders occasionally to keep us from getting swayed by the excitement of getting a new boat.
Getting a boat loan can be a difficult and frustrating process but doing the research to choose the best lender for you will be well worth the effort.
About the author: Bill Rountree is a lifelong boater, holds his US Coast Guard Masters license and a US Sailing instructor certification. He has owned motor yachts, sailing yachts, racing sailboats, rowing shells, kayaks, windsurfers and on and on. He spent two years living aboard and cruising on a forty foot sailboat and has over 10,000 blue water miles.