Our Current Rates as of March 23, 2010
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NO APPLICATION FEE
Great Rates!!

New and Used Vessels
Simple Interest, No Points
No Prepayment Penalty
Minimum Loan $35,000
No loans in Alaska or Hawaii.

All Loans Require a 20% Down Payment

Amount Term Rate Payment/$1,000
Documented
$100,000 and Over		 Fixed for Full Term
20 Years		 5.99% 7.20
Documented
$50,000 - $99,999		 Fixed for Full Term
15 Years		 6.49% 8.71
OTHER PROGRAMS AVAILABLE
Rates and terms on refinance based on credit and vessel.