Once completed and signed, your application is then processed. A credit check is completed then the application is placed with the appropriate finance organisation for approval.

These financial organisations will require full driver's licence, and a copy of the latest pay slip (for proof of income). If Self-employed financial accounts may be required.

Provided the financial organizations consider you can afford to repay the loan and you are credit worthy, they can advise the loan amount they are prepared to advance. We will confirm full and final approval once we have been advised of the boat details you wish to purchase/finance.

Once that has been ticked off, Marine Finance draws up the documentation and brings it to you for execution.