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Boat FinanceSecured Boat LoanA secured loan (personal) is what most people think of when they think about borrowing for a boat. It is, quite simply, a loan between a lender and the buyer with a regular repayment structures.Chattel Mortgage for boatsA Chattel Mortgage is suitable for business financing . It is a requirement that a business (ie an entity with an ABN)who takes out a loan and the vessel must be used for a minimum of 50% business use. Repayment options can... [click here to read more about a boat chattel mortgage]CHP for a boatA commercial car hire purchase is where a finance company buys the boat for a customer and then in turn grants the client use and custody of the motor vehicle on an contractually stated payment plan.![]() Boat LeasingBoat leasing may be a preferred option when purchasing a boat. Leasing provides various advantages, including the ability to maintain a low repayment.
Iowa sheriff: Boats in fatal Mississippi River crash were shuttling partiers, crashed head-on The main Volvo Ocean Race fleet set about hauling back French leaders Groupama on Tuesday after straying far too close to Tropical Storm Alberto, with predictably fierce consequences. The late-night boat crash that killed four people along the Mississippi River over the weekend involved two small fishing boats that were shuttling partiers to shore in southeast Iowa, authorities said Monday. A Davenport woman was among the people injured when two jon boats collided early Saturday on the Mississippi River near Burlington. Authorities say the late night Mississippi River boat crash that left four people dead was a near head-on collision of two small fishing boats that were shuttling partiers to shore. Names of Iowa boat crash victims released
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