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I’ve been recommended by a friend to contact you about motor boat finance. He said I don’t need a deposit, how does that work? I’ve been looking for about 8 months for my next boat but all the boat brokers I speak to say I have to provide a 20% deposit.

Dear David,

Nice to hear your friend has recommended you speak to us and he is correct, we do not insist upon deposits being paid.

Pegasus Finance have been providing finance solutions to customers of niche vehicles and assets for some time now and more recently we ventured into the world of boat finance. We questioned the way boat finance has been offered historically and looked to making the whole process far simpler for the customer, negating the need for expensive valuations, deposits, etc.

We are able to provide loans for motor boats without the need for a deposit, in fact we’ll even offer our customers more than the sale price should they require funds for additional equipment, upgrades or mooring fees.

I would suggest you take a look at our Motor Boat Finance page and then contact us directly or complete an application for a no obligation quote.

Kind regards,

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