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I’ve found a Cornish Yawl I’m interested in buying but need to investigate the yacht finance options. The yacht is being sold via a marina in Dorset and is up for £24,995, I do have a deposit (which I know I’ll need) but would like to borrow around £20,000. Do you have any options which would be suitable for me?

Hi Patrick,

Thanks for sending over the images of this yacht, it looks lovely.

Pegasus Marine Finance are the ‘new age’ yacht finance company and we look at things differently. As long as the customer has a pretty good credit history we are actually in the enviable position of being able to offer boat loans without the need of a deposit at all. This makes life very easy for a lot of people and can make the purchasing of your dream boat more palatable.

The process of arranging yacht finance has been trimmed down considerably too, we often have loans paid out within a couple of days following application. The reason for this is that we don’t insist upon valuations or a survey.

I would suggest you give us a call, one of our knowledgeable team will talk you through the whole process, alternatively simply complete our quick online application and we’ll get back to you within an hour with a no obligation quote.

We look forward to helping you soon,

About The Expert

Pegasus Finance is a trading style of The Car Loan Warehouse Limited

The Car Loan Warehouse Limited is authorised and regulated by the Financial Conduct Authority. Our registered FRN is 662397. Registered Company No. 08127935. All finance is subject to status and income. Applicants must be 18 years or over, terms and conditions apply, guarantees and indemnities may be required. The Car Loan Warehouse Limited is a broker, not a lender and can introduce you to a number of finance providers based on your credit rating and we will receive a commission for such introductions. Written quotation on request. Certain exclusions for Northern Ireland residents. Borrowing £8,000 over 48 months with a representative APR of 14.9%, an annual interest rate of 7.7% and a deposit of £0.00. 48 payments of £218.49 per month. Total cost of credit being £2,487.57 and a total amount payable of £10,487.57. Terms available 12-120 months, 5.9%-49%APR. Pegasus Finance do not provide financial advice.

We can introduce you to a limited number of lenders that offer finance products, but we do not offer any advice or recommendations. We do not charge you a fee for our services, but we receive commission from the lenders we introduce you to. The commission we receive is either a fixed fee or a percentage of the amount you borrow but the existence of commission does not affect the amount you will pay under the agreement. The commission we receive varies depending on how you are introduced to us, which lender we place you with, and which finance product you choose. We will pass a proportion of the commission we receive to the motor retailer that introduced you to us. The commission we receive and pay will not affect the amount of interest you pay under your credit agreement, when compared to customers in circumstances similar to you. We will always introduce you to the lender that provides products for your needs, at the interest rate suitable for your credit profile. If you ask us, we will tell you the amount of commission we are paid for introducing you to the finance lender.

Pegasus Finance, Technology House, Station Road, Alton, GU34 2PZ