Nettet11. apr. 2024 · Every lender has their own requirements for marine/boat financing. While some may require a good credit score (650 or higher) to be eligible for financing, … Nettet9. sep. 2024 · An equipment financing lender offer to give you the cash upfront to purchase that equipment, but they’ll charge you 12% APR over a five-year term. That means your $20,000 piece of equipment will actually cost you $26,700 once you’re done paying it off over that 60 months. Your monthly payment would be $444.
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