Abl: Fishing vessel as collateral
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  1. #1
    Senior Member Reputation points: 290 1StopFunding's Avatar
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    Abl: Fishing vessel as collateral

    Borrower looking to get a loc using his fishing vessel as collateral. Any lender recommendations?
    Looking for $150K, boat appraised for $970K.

    Thanks in advance!
    Cheryl Tibbs- General Manager
    Equipment LeaseCo Inc
    www.equipmentleaseco.com

  2. #2
    Member Reputation points: 429
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    Quote Originally Posted by 1StopFunding View Post
    Borrower looking to get a loc using his fishing vessel as collateral. Any lender recommendations?
    Looking for $150K, boat appraised for $970K.

    Thanks in advance!
    Hey Cheryl, check out PledgeCap. They accept a variety of assets.
    Copelon J. Kirklin
    President
    The KPC Group, LLC
    Email: CKirklin@TheKPCGrp.info
    Skype: Copelon
    Office: 504-667-5400
    Cell: 225-304-2634
    eFax: 320-215-9917
    http://www.thekpcgrp.info

  3. #3
    Senior Member Reputation points: 34509 Jstarr's Avatar
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    Pledgecap OR Borro, they will want the vessel as collateral but if they need the money .....
    Jerry Starr
    Insource Funding
    433 Plaza Real,
    Boca Raton, Fl 33432
    P: 800-805-3391 Fx: 561-270-6895
    insourcefunding.net

    WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL

    ◆ 50% LTV - No Fico Required
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  4. #4
    Member Reputation points: 349
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    Jan 2015
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    Hello Cheryl, were you able to find a house for this deal?

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