Can I finance a boat purchase?
Yes — some banks and finance houses offer marine loans. Assessment usually requires a current survey report and a valuation; rate and term depend on the boat’s age and value, and finance is harder to arrange on older boats.
Why it works this way
What the bank looks at is not the asking price but a value documented independently. Having the valuation done before applying speeds the process and affects the collateral figure.
Related services
Serkan Kotel · independent yacht surveyor · IIMS · ABYC · MCA
