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I have found a motor boat that I am interested in and wondered whether you can help me arrange finance. It is a Wellcraft Scarab 31 Excel and is for sale privately in Strathclyde, Scotland. Not sure what you need to know but it 31ft long and was manufactured in 1991. (You can probably find the details easily enough on www.boatsandoutboards.co.uk if you want to take a look.) It’s in great condition and is up for £30,000 although I think that I might be able to get a bit of a deal. I noticed on your website that you may still be able to offer motor boat finance even if being sold privately. Can you confirm this is correct and give me an idea of payments if I borrowed £25,000 on your longest term and lowest interest rate.

22 April, 2016

Hi Stephen and thanks for your email regarding motor boat finance. I did manage to find the advert online and it does look really nice! As you correctly noticed on our website we are able to arrange a boat loan […]

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.

22 April, 2016

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 […]

I am wanting to buy a motor boat from a broker on the south coast, are you able to help. The boat is £34,000 and I have a deposit of £5,000.

22 April, 2016

Dear Peter, Thank you for your question regarding finance for a motor boat. We would be delighted to arrange the best boat loan to suit your needs and buying from the broker you have found would be no problem as […]

I’ve been thinking about getting back into sailing but I don’t really have the money to purchase a vessel outright. I’m looking for yacht finance that I can repay monthly but I’m not sure if that’s something you sell. Can you help me?

18 November, 2015

Hi and thanks for your question. Yes, yacht finance is definitely something we sell and we’d love to try and help you get back out on the water. Do you know how much the yacht you’re hoping to buy costs? […]

I’m thinking of buying a power boat but can’t afford to buy one outright. Do you offer power boat finance? I’m not sure how much I’d need to borrow or how long for but I just wanted to find out what my options are before I start shopping around.

18 November, 2015

Thanks for your question! Great choice on a power boat – heading offshore and stretching your sea legs can be a breeze with our flexible finance options. We have a range of power boat finance deals that range from £5,000-£250,000, […]

I need to find jet ski finance for £10,000 – from a dealer or broker. Is this something you offer? If so, how long would I be able to get finance over? Thanks.

18 November, 2015

Hi, thanks for getting in touch to ask about jet ski finance. Our flexible finance options mean you can buy your jet ski from a dealer, broker or even private sale! We offer finance starting from 5k and terms stretching […]

Hi. Do you offer RIB finance? I saw on your website that you offer boat finance but I don’t know if that includes RIBs? Also, I don’t really understand what my options are in terms of finance deals and was wondering if Pegasus Marine could help me with this?

18 November, 2015

Hello, these are great questions. Yes, we do offer RIB finance and you’re right, it can be confusing! Simply explained, we compare the best options available for you and along with our panel of lenders, we’ll help find you a […]

Can you tell me if you offer sailing boat finance? I haven’t owned a sailing boat before so I don’t know how much I’d need or what I could afford to borrow. I’m just looking for some guidance really.

18 November, 2015

Hi – thanks for your question! We offer a range of finance options for boats of all shapes and sizes, so helping you find suitable sailing boat finance shouldn’t be a problem. There’s no need for a deposit and our […]

Hello Pegasus, I am looking to obtain RIB finance for a RIB that I would like. It’s being sold by a local broker to me for £27,995, I have no deposit. I am looking to secure the finance on the boat and take it over 60 months. I am not looking for a marine mortgage as I have no deposit. Can you help? – Richard

11 November, 2015

Hi Richard, Thanks for your enquiry. We have several options to assist you in purchasing the boat you have found. We are able to secure the finance on the RIB itself providing the brokerage is regulated by the FCA. Even […]

I would like to buy a narrowboat on finance. I have read articles in the press about Pegasus doing things differently – What is different?

3 November, 2015

Hi there, thank you for getting in touch about how we at Pegasus Marine Finance are setting ourselves apart from the traditional boat finance lenders. To start with we are a specialist finance broker, not a bank or a lender. […]