Finance FAQ’s

WHAT IS FINANCING

Financing provides you with the money needed to purchase your new toy trailer or rv!

Instead of being required to come up with all the cash up front to purchase your new vehicle, you have the option to finance it at an affordable monthly payment which at the same time will also build your credit!

CAN I FINANCE A RECREATIONAL VEHICLE OR BOAT

Yes you can! If you are looking for something along the lines of a dirt bike, motorcycle, boat, RV etc we can help!

AM I ABLE TO ADD ACCESSORIES TO MY LOAN?

Yes! You are able to add any warranties or aftermarket accessories into your loan, providing you with an affordable way to protect yourself and your ride for the future.

WHAT DETERMINES MY CREDIT SCORE

Your credit score is compiled of a few different factors in order to create a number, usually between 300 and 900. The higher your credit score is, the lower your lending risk is. A few factors that make up your credit score include;

The amount and type of debt you have

If payments are made on time or missed on your outstanding debt

How many accounts you have, and how long you’ve had them for

How many inquiries have been made on your credit

If you have any liens or judgments on file

HOW DOES MY LOAN PAYMENT GET CALCULATED

Total amount financed

The duration of the loan

Your annual percentage rate (APR)

WILL I GET APPROVED FOR A LOAN

The chances you will be approved for a power sport or marine loan is very likely! Even more so then an automotive loan. There are a few factors that are generally considered when a lender issues an approval.

The age and value of the vehicle / unit

Your employment details (How long you have been working etc.)

Your credit history (Having poor or no credit does not mean you will be declined, this can just affect the interest rate)

Down payment

WHY CHOOSE US TO FINANCE YOUR FIRST OR NEXT POWERSPORT, MARINE TRAILER OR RV

With over a decade industry experience, we have made valuable relationships with all of our lenders. This sometimes gives us a competitive edge over other companies, allowing us to obtain slightly better interest rates, or exceptions that would otherwise not be given. We also deal with lenders that have specific programs no matter what your credit situation is. All of our lenders understand that you may not have perfect credit, but that does not mean you don’t deserve a chance to finance!