Marine Financing
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Marine Financing
Financing as an installment sale can have tax advatanges. Seller financing may also be an attractive choice for investment, potentially offering high rates of return. A seller can negotiate an interest rate that the buyer will pay them that is more favorable than would be available for other sorts of investments.
Furthermore, seller financing can provide some tax benefits by spreading out a large gain over time. If the sale is structured as an installment sale, there can be certain tax advantages, including the timing of recognition on any capital gain. Obviously, each situation is individual and you should discuss the details with your tax advisor.
The Process for Installment Financing
- After the Initial application review we will send out the documents for the lease and a list of items that we will need from you in order to complete the lease transaction.
- Once we have the information completed, we will submit your final documents and release funds to the vendor or yourself!
Be sure to Contact Atlantic Edge Credit today for more information on our marine installment financing programs. We will provide you with all the information you need to get started with an installment loan for your next boat or yacht.
