SailNet Community - View Single Post - Where are the younger people?
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post #80 of Old 05-16-2013
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Re: Where are the younger people?

Originally Posted by ShoalFinder View Post
A $15K sailboat is probably 30 years old. Almost nobody will be able to finance that.
If you look hard, you can find someone that will. I know most big banks will not, but local credit unions will. In fact, I know that Space Coast Credit Union will regardless of age, minimum loan amount was $5k when I asked.

We didn't finance, but I considered it. I bought a cheaper boat that needed restoration instead of financing and view the upgrades as a form of financing that doesn't involve a bank.
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