The best place to go for a loan to re power my boat

[Brodz]

Look to buy a new Mercury 4 stroke 250xs .
I have seen Mercury offer loans but there rates are 9% and up . and that's with good credit score . Where are some other options to get loans ?

Thanks for your time ,
Brian

[06 SB]

A local credit union or a home equity loan.

[reclending.com]

Look to buy a new Mercury 4 stroke 250xs .
I have seen Mercury offer loans but there rates are 9% and up . and that's with good credit score . Where are some other options to get loans ?

Thanks for your time ,
Brian

We do have one option for a re-power. The lender will want their lien on all three items.
Let me know if we can help.
Thank you,
Ken
(517) 543-6921 - Office

[reclending.com]

A local credit union or a home equity loan.

The CU option can work for some people. There is always the qualification and membership thing.

The part about Home Equity Loans...... There are several facts as well as opinions on that one available to read. Questions about time, cost, rates and terms. Also, on a boat loan, the boat is the collateral. If something goes drastically wrong, the boat goes away, not the home. If you are thinking about putting your home up as collateral against a toy, spend the time and do the reading.
Just to avoid the fight - please note I said "spend the time and do the reading". I DID NOT SAY YES OR NO.
Thank you,
Ken
(517) 543-6921