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post #14 of Old 01-05-2013 Thread Starter
SV Glossa
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Re: Jeanneau 42 vs. Catalina 42

We've hit a financing roadblock! Our bank only finances boats up to 15 years old. Our other lender wants 30 - 35% down because we're liveaboards. Zoiks!

Fortunately, the seller is being patient with us. Out last resort was to apply for a loan through Essex Credit Corp. I guess they finance a lot of boat and RV purchases. We should hear back in a couple of days.

Those leopard skin sails might have to wait.
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