Later this year, one of the largest marine finance lenders in Europe is planning on moving into the UK market which is good news for all prospective yacht and boat owners. In the last twelve months the boat finance industry has seen many companies withdraw from the market, both here and in Europe, and covering all aspects of boat finance, from leasing finance to simple marine mortgages, so this is really good news for the boat market in general. The company concerned will be backed by Societe Generale, a household name in Europe, but less well known in the UK, and the company will officially be launched at the Southampton boat show later next month.
Given the size of Societe Generale as a banking giant, boating finance rates are expected to be extremely competitive, and will certainly fill the void left by Bank of Scotland which withdrew from the marine finance sector earlier this year, with Lombard picking up much of the business as a result. Naturally if you would like a quote for your boat finance from one of the many marine lenders that we deal with, then simply click on the link here for a competitive online quote, and naturally as we receive furthr news on any special discounts or introductory offers for boat finance from the new lender we will post the details here as soon as possible. If you would like a quote for boat finance lease just follow the links in the sidebar to the relevant site for a quick online marine finance quote.
hi
please send details of all types of finance over a ten year period for a mini transat 6.5 ocean racing yacht @ £100,000, +interest and monthly payments. do you do PCP?
looking forward to your reply asap
regards
Sue rogerson
October 20th, 2009 at 1:38 pm
what is the european finance company name and details which the website article is referring to which is being backe dby societe generale???
many thanks
sue Rogerson
October 20th, 2009 at 1:43 pm