Superyacht Charters Worldwide

Sea Dream Inc

SeaDream will help individuals with less than-perfect-credit or credit difficulties with flexible ship funding choices. SeaDream’s Bad Credit Boat financing division focuses on mid-tier credit history and sub-prime marine funding programs.

Our mid-tier programs will enable you to secure competitive funding while you may well not qualify for today’s prime price vessel financial loans. SeaDream also provides sub-prime motorboat funding programs, allowing you to re-establish / reconstruct your credit history while experiencing the enjoyable boating life style.

With funding to $60, 000, SeaDream’s mid-tier and sub prime boat funding programs give you many different choices to be practical.

Loan Terms to 12 years

Simple Interest Financing without any Pre-Payment Penalty

Traditional Fixed Speed & Temporary Secured Programs

Rates of interest range from the lower to high adolescents

Before you apply please review these to make sure you meet the after minimum qualifications:

1. Loan Skills:

Minimum Deposit: 10% +

Boats Is Almost Certainly Not More Than 15 Years

Products Which Do Not Be Considered: High End Boats, Industrial Vessels, & Individual Watercraft

2. Credit Profile Parameters:

Credit history / FICO Score needs to be 550 or Above

Combined Unpaid Accounts should be under $5, 000.00. Accounts feature:

Range accounts

Charge offs (unpaid records written down because of the creditor)

Repossessions (automobile, watercraft, rv, etc)

Property foreclosures

Kid assistance payment

Tax liens

Recent Late Payment (within the past half a year) on the After Accounts Will Disqualify:

Mortgage payment

Investment residential property mortgage repayment

Vehicle payment: car, rv, boat, etc

A Past Bankruptcy isn't Often a Problem. Kindly Assessment this program Restrictions Under:

Cannot have filed for bankruptcy within the past one year

Cannot have actually submitted for personal bankruptcy more that certain time

Cannot have belated / delinquent accounts after the personal bankruptcy

(mortgage or vehicle payments, collections, charge offs, tax liens, child help, etc)

Are you in a position to reestablish your credit? You really must have one year of established installment credit: residence / residential property financial loans, auto loans, recreational financial loans, bike financial loans, unsecured personal loans, etc)

Note: credit cards aren't considered installment credit

Your current month-to-month Debt to Income ratio shouldn't meet or exceed 45%?

3. Just how to apply / next steps:

a. If you meet up with the Credit Profile Parameters please phone 949-515-0055 to learn more about our mid-tier and sub-prime marine financing programs. You may be considered. Our service-oriented and friendly staff of experienced watercraft finance experts works to you, one-to-one, each step of method to get you the boat of one's aspirations to get your credit history straight back on the right track. * (see disclaimer below)

b. For those who have not fulfilled the Credit Profile Parameters noted above you may not be eligible for our sub-prime marine loan financing programs. We highly claim that you perhaps not submit an application for financing unless you are fairly sure you have met the general Credit Profile Parameters as it will place an unnecessary inquiry in your credit file that will reduce your FICO rating. Alternatively we recommend you begin monitoring your credit rating thereby applying for a SeaDream loan once it offers achieved 550 or above.