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03-19-2015, 03:27 PM #1
Reputation points: 4457
- Join Date
- Feb 2014
- Location
- Florida
- Posts
- 266
Need $40K Pontoon Boat loan/lease for recreational rental business
Merchant owns a recreational rental company on a large lake out west. Their fleet consists of multiple jet skii’s, ATV’s and ski boats.
They would like to add a new $40K pontoon boat.
TIB is 8 yrs, owned by husband and wife with low 600 credit scores.
Willing to pledge 3 ski boats, valued approx $10K each and put down $15K.
I have already provided them with 2 advances, so no more can be done in this regard. I have tried a few leasing sources, but so far its a no go.
Thanks!
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