|
- Seacoast sets the Standard A division of Seacoast National Bank NASDAQ-SBCF The Seacoast Marine Finance Advantage Seacoast Marine Finance is a division of Seacoast National Bank, operating in strict compliance with all state and federal banking laws. You can rest assured that your application is handled by professionals who value your privacy and confidentiality.
In addition to our parent Seacoast National Bank, we continuously work with the largest network of quality lenders in the industry assuring our customers the most competitive programs available. Add our loan specialists' financial analysis ability and experience, and it's apparent why Seacoast is the financing choice for the discriminating boat buyer.
nbsp;
At Seacoast, you deal with one expert yacht and boat financing professional from application to closing, giving you one-on-one, personalized service. Because we are experts across the spectrum of marine loans, you get solid, sound advice and recommendations based on our decades of experience. From tax issues to boat financing options and from registry to insurance, SRates 0109.ppteacoast has the knowledge to navigate you through the boat financing process.
Our clients rely on Seacoast Marine Finance for our expertise in all aspects of marine loans, including:
The Seacoast Marine Finance advantage includes our expertise in: Underwriting and analysis of complex high net worth individuals and self employed business owners. Ownership structures including Trusts, LLC's, foreign and domestic corporations Sales tax laws United States Coast Documentation Foreign Flagging and offshore registration Collateral evaluation
We offer simple fixed and variable rate boat loans for new and used boats, refinanced and live-aboard vessels with no points, no application fees and no pre-payment penalties. We typically finance 80 percent of the total selling price including tax and options. Boat loans and yacht financing amounts range from $50,000 (US) to $20 million (US) and terms of up to 20 years are available for marine loans over $100,000 (US). Remarkable Programs, Remarkable Capability | FIXED | Payment Per $100K | | | 6.99% | $775 | FIXED RATE on loan amounts over $500,000 | | | | | | 7.00%* | $776 | FIXED RATE on loan amounts over $100,000
7.50% on $50,000 -$99,000 | | | | | | 7.62% | $813 | FIXED RATE WITH MODIFICATION on loan amounts over $100,000.
Rate Modification (rate reduction) at Borrower’s request. | | | | | | 7.25% | $605 | FIXED RATE, INTEREST ONLY on loan amounts over $500,000
Interest Only payments for initial three years, then fully amortized for term. | | | | | | 6.75% | $769 | FIXED FOR THREE YEARS Fixed rate for the first 3 years,
then adjusts at Prime plus .5%for life of loan.
Loan amounts over $100,000 | | | | | | FIXED | Payment Per $100K | | | | | | | 6.00% | $716 | PRIME RATE + 2.75. 4.00% floor rate
Loan amounts over $150,000. | | | | | | 5.90%* | $711 | LIBOR 30-Day LIBOR rate plus 4.00 basis points
Loan amounts $100,000 to $4,000,000. | | | | * Some programs require prepayment penalties,
please ask for details. | | | | | Ask about our unique International Lending Program Foreign Registry - Construction Financing - Overseas Delivery | | |
Ownership of the Deal
Our business model is unique. Your Lending Officer “owns” your loan request from your initial consultation all the way through the closing, serving as your contact, giving immediate feedback, and guiding you throughout the transaction. Packaging and Presentation to the Lender
We are credit analysts, not just order takers. We ask the right questions and dig for the right information to present your application confidently. Our ability to understand your financial situation and possible extenuating circumstances is sometimes the difference between a loan approval and a decline. More sources than any other finance company
Seacoast Marine Finance represents eight national marine lenders. Having more banks allows us more opportunities to get you the loan you want. Having more banks permits us to get you the most competitive interest rate available to you. Option of our Parent Bank
The unique capability of Seacoast National Bank is its greater focus on the applicant’s business, recognizing complex tax avoidance strategies. We are often able to structure deals that our competitors simply cannot. Feel comfortable and confident in the person you are to do business with
Seacoast Marine Finance is a division of Seacoast National Bank (NASDAQ: SBCF). All our Marine Lending Officers are bank officers adhering to federal banking regulations. We operate confidentially, using professional and straightforward business practices, and communicate to your customers in clear, understandable language. Rely on Seacoast, as we continue to set the standard. We are passionate about this business, and know it thoroughly. We are facilitators, to be relied upon as your trusted advisor. We look forward to working with you. MARK LYON Marine Lending Officer Cell : 954-294-8649 Office: 954-630-3430 Fax: 954-630-3345
1800 S.E. 10TH AVENUE, SUITE 315, FT LAUDERDALE, FL 33316 Seacoast Marine Finance is a national marine lender (including Puerto Rico and the US Virgin Islands) specializing in US Coast Guard Documented vessels and foreign registered vessels. We have many lending sources for the approval and placement of most loan requests.
Interest rates are subject to change without notice.. January, 2009.
|
Financing