With the River Yare just a short distance from Credo Asset Finance’s offices, it’s hardly surprising we’re also able to help you get on the water with our marine finance.
Living and working in the heart of the Norfolk Broads, Credo should be your first port of call to help you get aboard your dream boat.
It has team members who are passionate and knowledgeable about boats, including Managing Director Ian Tims who is a keen sailor.
Credo can lend small amounts of money, not just large amounts of finance.
Ian Tims said: “We have the Norfolk Broads on our doorstep. Many finance companies won’t lend less than £100,000 but we can do smaller sums, because we are lending it ourselves.”
Credo finances around 20 new and used boats a year, with loans averaging £50,000 each.
He explained that other lenders could shy away from lending money to buy a boat, particularly a used one. But often the boat was still worth £30,000 to £40,000, so a valuable asset to lend against, and they have had a survey to ensure they were structurally and mechanically sound.
If you would like to discuss financing a boat please call us on 01603 381955, email [email protected] or contact one of our friendly advisers.