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Old 04-25-2010, 03:00 PM
incapacit8r incapacit8r is offline
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Join Date: Apr 2010
Location: Florida
Question Engine financing???

Can anyone tell me if there are any companies that will finance 2 engines?
I got a sweet deal on a boat without engines but I do not have enough cash for an outright buy of 2 decent engines. I am looking to spend about 25k.

If anyone can point me in the right direction I would really appreciate it.
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Old 04-27-2010, 08:19 AM
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Nauti Behavior Nauti Behavior is offline
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Join Date: Jul 2009
Location: Lino Lakes, MN
I'd assume you could get a personal loan through your bank or credit union at a decent rate. That's the first place I'd go. That or a home equity line of credit (not that most of us have any equity in this economy).

Good luck!
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Old 04-27-2010, 06:29 PM
incapacit8r incapacit8r is offline
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Thanks for that info. I actually just did a refi on my house and its only a couple years old so very little equity available. I wasn't sure if a bank or credit union would finance just engines.
It's hard to get financing with those places on something they don't know much about.
I will give them a try anyways.
Thanks again
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Old 04-27-2010, 07:23 PM
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Davidmnc Davidmnc is online now
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Quote:
Originally Posted by incapacit8r View Post
Can anyone tell me if there are any companies that will finance 2 engines?
I got a sweet deal on a boat without engines but I do not have enough cash for an outright buy of 2 decent engines. I am looking to spend about 25k.

If anyone can point me in the right direction I would really appreciate it.
We are gonna need pictures of the boat!
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