Selina Finance has partnered with Boatsmart to offer the finance needed to fund a new boat purchase.
Homeowners can access a flexible and affordable line of credit secured against their property to finance their dream boat.
First to the UK market, a HELOC (Home Equity Line of Credit) is a low interest credit facility, secured against your main residence.
As it’s a line of credit, you’ll only pay interest on the money you spend but you’ll have the peace of mind that there’s more to draw down should you need it.
Representative example: A HELOC of £100,000 drawn out in full over 25 years at a variable rate of 9.45% would result in 300 monthly payments of £904.99. The total cost after 25 years is £271,497.00 which includes £171,497.00 of interest, a £1,395 product fee and a £3,000 arrangement fee added to the balance. APRC: 10.41%
Answer a few simple questions to quickly see if you're eligible for one of our loans.
Apply online, one of our experts will help you during the process.
If you're eligible we will help you get the funds easily and promptly.