catamaran sailboat financing

How To Afford Buying a Catamaran: Owners Lessons Learned

As an Amazon Associate, we earn from qualifying purchases. We may also earn commissions if you purchase products from other retailers after clicking on a link from our site.

The catamaran of your dreams has just shown up on Yachtworld.com. The only question now is where the money will come from to buy it. To help you navigate the options I have asked 100+ owners of catamarans how they purchased their catamaran and what they learned from it!

You can finance a catamaran from your savings, borrow against home equity, or take out a loan from a bank or specialist boat lender. You could also use your stock portfolio as loan collateral . A third way is to use a management program. Before you choose, listen to these owners’ experiences.

In many ways, financing a catamaran is similar to financing a car. The only difference is you may need to borrow more, depending on your choice of catamaran and your down payment. Keep reading as we explore what sailors experienced when they bought their cat.

Table of Contents

Owners Recommend: Use Your Own Savings

This is the number one recommendation I got, I might not totally agree, but this is what most of the respondents answered (~80%), and the main reason was this:

The lesson to be learned is never go into debt for a depreciating asset like a boat. Poll respondent #23

One of the better consequences of the COVID-19 pandemic is that the personal saving rate has increased significantly. At least amongst higher income groups. 

So, if you’re one of those people who have stashed away more of your money, those savings could be an excellent way to finance your catamaran. But be cautious: you don’t want to sink all your cash savings into this. You should ensure you’ll have more than enough for contingencies, especially in uncertain times. How much you should keep in cash savings will vary according to your circumstances and who you ask . 

If you want to understand the costs of the liveaboard lifestyle, I suggest that you read this article where I summarize the costs of living aboard a cat.

In general, aiming to keep around twelve months’ living expenses is sensible if you’re planning on using savings to fund a luxury purchase. That should give you enough leeway if you hit an unexpected financial storm and need to batten down the hatches. 

Saving our butts off to be able to buy it and not use a loan Respondent #56 and her very straight forwards explanation

If you can do that and still have a lot of excess cash in a savings account, using it to finance your catamaran may make sense. That’s because interest rates are so low at the moment, so your savings may not be keeping pace with inflation . Even though borrowing rates are also low, you’ll still pay more to borrow than you’ll earn on your savings. So, if you look at the lost interest as the cost of using your savings, it works out much cheaper than a loan. Or in other words:

I paid cash. If financing is an absolute necessity to buy your boat, you need to reconsider if you can really afford it. Poll respondent #36

Use the Equity in Your Home

If your home is mortgage-free or you have enough equity, financing your catamaran with a home equity loan can be a relatively cheap option. 

Some respondents considered this option but non actually did go through with it, the main reason seemed to be that instead of owning a house and boat, they sold the house and used the money to buy a boat. Gabo

Of course, it means your home is collateral for the loan, so you risk losing your home if you fail to make the loan repayments. 

However, because your home is security for the loan, you should get a lower interest rate than you’d get on an unsecured loan. Though you may have to shop around to get the best rates.

With this option, you’ll benefit from loan terms that are longer than what is usually given for unsecured loans; you may be able to choose anything from 5 to 30 years, depending on the lender. The term length helps to keep the monthly repayments down.

You should be aware that home equity lenders usually restrict the amount you can borrow. The limit is often to a maximum of 85% of your property’s value. That shouldn’t be a problem if you don’t have an existing mortgage. But if you do, your existing mortgage will reduce the amount you can borrow, and you’ll need to check how much you can borrow to ensure it’s enough to cover the cost of your catamaran.

Also, bear in mind that many home equity loans come with fees payable on closing. There may be other fees to take into account as well, like appraisal costs.

Still, shop around, and you can find home equity loans with no closing fees at both national and regional banks . It pays to do your research.

Unsecured Bank Loan

If you don’t have enough home equity or are uninterested in securing a catamaran loan against your home, another way to get your dream of catamaran ownership afloat is to go for an unsecured bank loan.

One important thing to consider when deciding if an unsecured loan is the amount you can borrow. Many unsecured loans max out at around $50,000, though $100,000 is available from some lenders.

Another factor to bear in mind is most unsecured loans have a maximum term of five to seven years. So, if you’re borrowing a large sum, this option can prove more costly than a secured loan. 

On the plus side, like a home equity loan, unsecured loans have fixed repayments, and you know what your monthly commitment will be from the start.

Another advantage is that you’re not using your home as collateral, so it’s not at risk if you fail to meet the repayments. Of course, you could end up with a poor credit rating if you miss repayments; thus it’s still crucial to make certain you can afford the monthly commitment.

If you go down the unsecured loan route, check your lender’s small print for hidden fees. Some lenders charge origination fees, which can add to the overall cost of the loan.

It’s also often helpful to have the option to prepay if you want. Yet know that some lenders charge prepayment fees that can effectively tie you into a loan and prevent you from refinancing it should you find a cheaper option. Again, just check the small print before signing on the dotted line.

An alternative to a standard bank loan to finance your catamaran is a boat loan. These are available from specialist boat lenders and other lenders.

How Does a Boat Loan Differ From a Bank Loan?

With boat loans, you can often use the boat you’re buying as collateral. That translates into potentially lower repayments because the lender has security for the loan in the shape of your boat.

Also, the loan terms are often longer than for standard bank loans, reducing the monthly repayment.

Many boat buyers prefer this type of secured loan over one secured on their home. That’s understandable since the consequences of losing your boat aren’t as dire as losing your home.

The option of a boat loan stirred up a somewhat emotional debate where there seemed to be two sides, one side saying it makes sense since you’ll be able to invest the cash you already have:

Line of credit. Pay interest only. Keep your money working for you. Respondent #87

And the other side presenting an interesting perspective:

I don’t think I could ever look at the horizon in my catamaran and fantasize about just keeping on going while flipping the bird to everything behind me with a bank loan on it. Kind of defeats the purpose for me. I would feel like I’m dragging my hook behind me!  Respondent #78 discussing the emotional aspect of taking a loan

Back to the loans! Some specialist boat loans require a downpayment. Meaning you won’t be able to borrow the total cost of the boat. A down payment may range from between 10-20%, and by putting in more capital upfront, you get the benefit of lower repayments.

Be aware, some boat lenders may have conditions around the type and age of the boats they’ll finance. There may also be minimum and maximum loan amounts. With some loans, there may also be fees to pay. Always check the lending terms carefully.

Examples of Available Boat Loans

One lender in the boat loan market is Bank of the West , through its Essex Boat Loan arm. Here are the main points to note about its boat loans:

• Its minimum loan is $10,000, with a maximum of $500,000.
• Interest rates are higher for smaller loans.
• There are down payment requirements that vary depending on the loan amount.
• It prefers a credit score of at least 700.
• There are processing fees to pay.

If you want fee-free options, they are out there if you shop around. For example, look at Truist , previously SunTrust:

• It will lend on new or used boats of 30’ (9m) or more.
• The minimum loan is $100,000.
• The maximum term is twenty years if you have a 20% downpayment.
• They’re one of the lenders that will take your boat as collateral.

If you’re not looking to borrow as much as Truist’s minimum loan, its online lending arm, Lightstream , fills the gap:

• It offers boat loans of between $5,000 and $100,000.
• Its maximum loan term is forty-eight months.
• There’s no restriction on the type or age of boat you can buy.
• It doesn’t take your catamaran as collateral.
• However, your credit score needs to be good to excellent to qualify for a loan.

These are just some examples of the boat loans available. As you can see, lender’s terms can differ significantly, so shopping around is vital.

Dealer Loan

If you’re buying your boat through a dealer, it’s worth exploring what help they provide on the financing front. 

They’ll have experience and knowledge of the boat loan market. Plus, the dealer does all the legwork. This saves you the time of researching available options yourself, making it a very convenient way to get finance for your catamaran. It can also be reassuring to have a hand to hold throughout the process.

Stock Portfolio Loan

If you’ve got a stock portfolio, you might be thinking about liquidating some or all of it to finance your catamaran–certainly a strategy worth looking into. However, if you have a substantial portfolio and want to keep it, consider using it as collateral for a loan. That means your portfolio is security for your loan. (Note: you need a substantial portfolio if you want to finance your catamaran using this type of secured borrowing.)

Some providers allow you to borrow up to 90% of the value of your holdings, but borrowing at such a high loan to value on this type of finance isn’t a good idea. That’s because if your portfolio value drops, you’ll have to reduce your borrowing to maintain the loan-to-value ratio below the provider’s maximum. 

If you don’t reduce the borrowing, the provider could sell some of your holdings, which means you won’t necessarily get the best price. There may also be tax implications from the sale. 

Indeed, this type of borrowing is not without risk, and it won’t be suitable for everyone.

If you decide to go for it, it’s sensible to limit borrowing to not more than 20% of your portfolio value. This should provide a comfortable buffer to protect against market fluctuations. But remember, even that’s not guaranteed.

Rent Out Your Catamaran

Renting out your catamaran once you’ve bought it is another option you can use to help finance the purchase. 

It pays for winter storage and summer dockage, a portion of the boat loan, maintenance. It gets me in the water more even [often]. Great for my taxes. Works for me Respondent #55

The idea is along the same lines as Airbnb. One site through which you can rent out your catamaran is Get My Boat .  It allows a boat owner to list their catamaran for short-term rental in return for a fee.

There are a couple of ways to do this. The first is for you to captain the boat during the rental period. The second is to offer bareboat charters where you hand over your catamaran for the agreed rental period.

With the first option, you’ll need to have the time to captain your catamaran for the whole of each rental period. 

If you don’t have that sort of time, the second option might suit you better. However, it does mean letting someone else take over your catamaran for the agreed period. So, you’ll want to ensure you have insurance to protect your investment.

Although renting out your catamaran means there’ll be times when it won’t be available for your own use, it’s up to you to accept or reject bookings. So you have some control over when you rent it out and the length of bookings you accept.

You’ll still need to maintain your catamaran and clean between rentals. If you do the cleaning yourself, that’s more of a time investment for you. But if you pay someone else to clean it, that’s an expense that will come out of your rental charges.

However, you can see how you can use this type of scheme to meet all or part of your monthly loan repayments. If you choose to finance your catamaran from your savings, it can provide a way to rebuild those depleted savings fairly quickly.

Whether you captain your catamaran or not, this option for financing your purchase will involve a good deal of your time. 

Use an Ownership and Management Program (Chartering)

Around 10% of the respondents said they have good experiences with chartering their cats as a way to stay within budget.

I charter with my boat. Makes the cost make sense Nathan (#86)

If you’re interested in financing your catamaran by renting it out but the time involved is off-putting, this option may be more suitable for you. The idea of an ownership and management program is that you buy your catamaran. Then you allow a company, like Navtours , to charter it out.

That company pays you a fee in return for the use of your boat. And they’re responsible for managing charters, marina fees, and maintenance costs.

The downside of this is that you lose some control over when your catamaran is available for your use. Though many companies should let you choose the type of management agreement you want.

For example, Navtours offers two options: One gives you access to your boat for twelve weeks of the year, the other requires you hand your catamaran over for a more limited time, allowing you to use it as you please for most of the year. 

With both options, you can generate an income from your catamaran. That income will be lower under the second option because it’ll be out for charter less of the time.

As with renting, you need to be comfortable with other people using your catamaran. However, with a program like this, you’d be entering into a contract for five years. With the last option, it’s up to you how long you continue renting out your boat. 

Things To Think About When Financing a Catamaran

However you choose to finance your catamaran, it’ll involve a significant outlay. Let’s discuss a couple of things you can do if you want to sail through the process smoothly.

What’s Your Intended Use?

If you choose to go with a boat loan, make sure that they allow you to do the things that you intend to do, some loans will have geographical limitations as to where you can go.

Some banks restrict your cruising grounds as they don’t want their collateral sailing away [for example] to Madagascar. Scott (#51)

Check Your Credit Score

As you’ve seen above, if you want a loan to finance your catamaran, you’ll need to meet lenders’ credit score requirements. 

Knowing your credit score in advance is important because it helps you rule out some lenders that you know will turn you down, saving you time on unnecessary applications. Also, hard lender inquiries on your credit file might hurt your score.

While some lenders ask for at least a good credit score, others may be less stringent. That’s why you should shop around. An average or even poor credit score needn’t sink your dream of owning a catamaran . If your credit score isn’t quite up to scratch, think about ways to improve it. For example, you could pay down debt to reduce your borrowings or to reduce your credit utilization .

Get a Boat Survey

You’ll need a survey if you’re taking a loan secured on the boat. Though, regardless the way you decide to finance your catamaran, this will be money well spent. Even if you go the unsecured route or finance your catamaran from savings or a home equity loan, a survey will give you peace of mind. 

Proceeding without a professional survey is risky. Remember, the catamaran of your dreams may look okay from the outside, but your untrained eye could miss potentially costly issues–a sure way to capsize your dream of owning a catamaran.

As you can see, if you’re looking at how to finance a catamaran, there are several options. Weigh them all up carefully and don’t go full steam ahead into anything. Take your time to steer a steady course through the available options to find one that suits you.

Remember, don’t use savings if it’ll leave you short of cash to deal with life’s headwinds. If you’re borrowing, shop around for the best rates and terms. In particular, give a wide berth to loans that tie you in with penalties for early repayment. Good luck and happy sailing!

And remember BOAT actually means Break Out Another Thousand! 😉

So what does it cost to maintain a catamaran?

• St Louis Fed: Personal Saving Rate
• Smart Asset: What is the Average Interest Rate for Savings Accounts?
• ING: US Inflation: The Only Way is Up!
• Santander Bank: What is a Home Equity Loan?
• Bank Rate: Best Home Equity Loan Loan Rates for April 2021
• US Bank: Home Equity FAQ
• Regions: A Quick Guide to Your Regions Home Equity Loan
• Bank Rate: Best Personal Loan Rates for April 2021
• Discover: A Quick Primer on Personal Loan Agreements, Terms, and Prepayment Penalties
• Bank of the West: The Essex Boat Loan Advantage
• Essex Credit: Boat Loan Rates
• Essex Credit: Boat FAQ
• Sun Trust: Marine Boat Loans
• Experian: What is a Good Credit Score?
• Youtube: Financing a Boat and What Works Best
• Wells Fargo Advisors: Securities-Based Borrowing
• Get My Boat: Boating Experiences Worldwide
• Boat Bookings: Bareboat Yacht Charter
• Boat Charter Insurance: Are You Looking for Marine Insurance That Protects You For Personal and Charter Use?
• Nav Tours: Yacht Ownership
• Experian: How to Improve Your Credit Score
• Experian: What is a Credit Utilization Rate?

Owner of CatamaranFreedom.com. A minimalist that has lived in a caravan in Sweden, 35ft Monohull in the Bahamas, and right now in his self-built Van. He just started the next adventure, to circumnavigate the world on a Catamaran!

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Save my name and email in this browser for the next time I comment.

Recent Posts

Must-Have Boat Gear for Catamaran Sailors!

Sailing is probably the most gear-intensive activity I've ever done; there are so many decisions to be made about what gear to buy now, for tomorrow, and what to definitely never buy. The gear on...

6 Best Trailerable Trimarans For Bluewater and Coastal Sailing

Having a boat costs a lot of money, even when you are not using it, marina fees, etc. And once it is in the water most sailors never go very far from their "home marina" and sailing will be somewhat...

Catamaran financing

Have you found the boat of your dreams and are now looking for the best way to finance it? At Nautitech, we know that buying a catamaran is a big investment.  For those who are about to become an owner, the question of how to finance your purchase is not to be taken lightly.    Trust Nautitech's team of experts! We are detailing financing options for purchasing a catamaran. Acquiring a boat, via a bank loan or through a lease-purchase... Each solution has its pros and cons and will be suited, or not, to your project.

The purchase of a catamaran in cash

When the buyer has the necessary funds and is able to invest them directly in the project, the purchase of a catamaran in cash is a first possibility. While this method offers advantages, such as the quick purchase process, there are also disadvantages, such as mobilizing a large part of the buyer's finances in a single, relatively substantial financial project.    If you want to buy your catamaran with cash, contact our team now! We will be happy to assist you and help you enjoy your new boat very soon. 

Purchase a catamaran via Loan Financing

When the future buyer does not have the funds available, or if he wishes to preserve liquidity to be able to carry out other projects at the same time, he may take out a loan. This is the traditional method of financing to purchase a boat. It’s also fast and the method that boaters very often use!  Like any other bank loan, or personal loan, the characteristics depend on the applicant's situation and the amount of his contribution. The repayment period for a catamaran loan ranges from 10 to 25 years, also depending on the possibilities of the future boat owner. 

If you are interested in this financing method the acquisition of your multihull and would like to submit a loan application, the Nautitech team will be happy to put you in touch with financing professionals. Among them, La Victoire Finance is a trusted organization for the American market. LIZmer offers a credit solution for the French market.

The LOA solution (Lease-Purchase Option), A tailor-made solution for catamarans

To finance a catamaran, there is also the option of leasing, called the Lease-Purchase Option, or Equipment Leasing when the contract holder is a company. With a lease, the buyer chooses a financing solution for his catamaran that allows him to preserve his cash flow: the catamaran chosen is purchased through a third party – a bank, which leases the boat to him for a longer or shorter period. The lease term is defined, in advance, according to the buyer's financing possibilities. Once this term expires, the buyer proceeds with acquisition of the catamaran to become its effective owner, thanks to the purchase option. 

Jean-Marie Naudin, LIZmer business representative  – a brand of Capitole Finance-Tofinso – explain: "At LIZmer, we offer long-term support, thanks to a tailor-made offer. Every project is unique and we always propose the most suitable solution for our customers. For example, a client planning an extensive journey by sailing outside the Community's territorial waters may, under certain conditions, benefit from a complete VAT exemption on their lease payments within the framework of a leasing contract for financing a catamaran".  LIZmer, which is specialized in boat financing for more than fifteen years now, has a stand  every year at all major French boat shows.

Among the advantages of a lease-purchase of a catamaran, there is the possibility of having several lessees, of adjusting the contract along the way – for early repayment, for modification of the conditions of direct debit – as well as transferability of the contract. This is good to know in case a buyer might wish to resell the boat being financed. 

Catamaran leasing contracts can also be adjusted, which means that the buyer can choose to add certain items to his multihull financing contract, such as electronic equipment, sails or on-board instruments. Finally, since the bank owns the catamaran until the end of the rental period, the boat is not part of the assets of the future buyer before this date. An advantage to be taken into account from a tax perspective ! 

Are you thinking of buying a catamaran under a leasing arrangement ? There are many organizations that can assist you with financing a catamaran under a lease-purchase agreement. Most even offer free simulations. Among them, LIZmer and  CGI Finance are highly recommended. Trust us with your project, our team can help you ! 

Reasoning for a Navigation Program and Project Duration

To finance a catamaran purchase, there is no one-size-fits-all answer. Your pontoon neighbor’s solution may not be the best fit for your specific situation. Each project is unique and should be examined with great attention.   There are certain questions to ask yourself. Would you like to sail for a few weeks a year, close to your home, or do you want to leave tomorrow, sailing around the world for an indefinite period? Do you expect to still be sailing in 5, 10, 15 or 20 years?     If you have trouble defining your long-term plans, our specialist team can also help you. Let's develop your navigation plan together and select the financing method that suits you best!    Whatever the solution considered for purchasing your catamaran, know that Nautitech is available to assist you. We will be happy to guide you to the ideal financing partner, to make your planned purchase a reality.

You would like to be supported in your project

• The magazine

Current issue

• All the issues
• My magazines
• Technical specifications
• Multihull of the Year
• Classified Ads
• Destinations
• Online store
• All the magazines
• Subscriptions
• Accessories

Financing your Catamaran or Trimaran

Buying a multihull is a major investment, and usually bigger for the same length vessel than for a monohull. Classic loan, lease-option deal, charter-management… What are the options? And what is the fiscal situation with each option?  

Create a notification for Technical

We will keep you posted on new articles on this subject.

Published 22/06/2019

Published: aug. / sept. 2019

Choose the option that suits you best!

Issue #: 13

Published: August / September 2019

• Price per issue - digital : 7.50€ Digital magazine
• Access to Multihulls World digital archives Digital archives

When we talk about two or three hulls, the price goes up, and often requires a loan. Given the low interest rates available at the moment (around 4-5%) taking on a loan to finance your project looks like an increasingly interesting option. In some cases, a loan can have an impact on the legal and fiscal status of your multihull. When buying a boat, whether as a private individual or as a company, the banks offer two possibilities: a loan or a lease-option deal. The loan needs to be secured by a maritime or property mortgage if the risk is high. You are the boat owner and the boat’s documents are in your name. This applies to new and second-hand boats. The length of the loan can be as long as 25 years, although the average is 10. In practice it’s possible to finance a 10-year-old boat over 15 years. The deposit is usually 20-30% and the depreciation schedule can evolve based upon your situation. For example, you can have smaller monthly payments throughout the year, and one big payment at the end to coincide with your dividends being paid out. Each bank has its own particularities, and advice from an independent broker, like Jérôme Wydauw of W.Lease, can be really useful when looking for an offer which suits your needs and constraints. There is also the question of insurance to be considered.

Leasing: Two Different Possibilities

The other type of loan is leasing. Leasing is only available for companies, and the Lease-Option deal is available to companies and private individuals. In this case, it is the bank or lender who buys the boat in their name and charters it to you over a fixed term which is decided at the outset (3 to 15 years maximum). You will then have the possibility to become the owner at the end of the period by paying off the purchase option, which is stipulated in the original contract, as a final charter payment. In some cases, the initial downpayment (1st charter payment) can be considered as the buyback amount. Watch out though. This format is not systematic with all leasing contracts. There are several advantages. The boat cannot be seized by any creditor other than the lender.  It does not count as part of the charterers personal wealth and is not subject to a wealth tax in the countries where it applies. For a company, the rents are depreciable and the sales tax applies to everyone. For the period that the charterer is not the owner, he or she is still responsible for the boat, in particular if there is a law violation or an accident. In Europe, it is the lender who pays the sales tax, and they will then possibly pass this cost on to the renter through the rents, either partially or sometimes not at all. Two sales tax régimes are possible: a fixed amount or the real amount. Given that cruising boats are often outside territorial waters (+ 6 miles from the coast), the government offers a 50% reduction in the sales tax on the charter. The fixed rate is therefore 10% instead of 20% in France. Since 2006, the sales ...

Subscribe to Multihulls World and get exclusive benefits.

Most-read articles in the same category

2025 Sail Buyer's Guide

Golden Multi Roz

Our 10 Favorite Destinations

For Sale, an ORMA 60, $26,000

Expedition Uummaa

What readers think.

Post a comment

No comments to show.

MW #199 - January-February 2025

Solar panels

Everything you need to know about trampolines

Subscribe now.

The latest news from €3 / month

Video of the month

Our latest YouTube hit!

The Multihull of the Year

The 2024 results

Classified ads

Lagoon 450 F - 2019

Leopard 40 Powercat

Vous avez ajouté " " à vos favoris., vous avez supprimé " " de vos favoris., in order to add this article to your favorites, please sign in..

Catamaran Loans

Catamaran financing.

NATIONWIDE LOW RATES

We search nationwide for the best boat loan rates and terms for you. Even if you have past credit problems.

FAST, eASy APPROVAL

Sign and submit your documents right from your smart phone and we can have your application funded in as little as 48 hours!

PROTECT YOUR CREDIT

With our hands on approach and pre-qualification process, we reduce the number of inquires from lenders by only sending you to lenders that match your needs.

Your Adventure Starts Here.

Whether you buy a new or used Catamaran , your best bet for Catamaran financing My Financing USA. With Catamaran loans up to $5,000,000, we can connect you to the right lender for your financial goals.

We source financing for our clients by reaching out to lenders and finding the best rates and terms for the loan. You enjoy greater flexibility, allowing you to determine which offer works best with your financial situation. We offer services in the 48 contiguous states and Alaska. You could close on your yacht within days with My Financing USA.

Fast, Easy and Secure Catamaran Financing

We have streamline the Catamaran loan process at My Financing USA. Our approach is simple:  Apply online:  You submit your application online through our DigiCert Secure portal. Get a loan:  We pre-qualify your application and only send it lenders that match your needs to reduce inquiries and protect your credit rating. We'll then present you with financing options from across the nation so that you can choose the best loan for your needs. Sign and sail:  After you sign your name on the dotted line, it's time to take the boat out onto the water. Not confident you'll qualify? Contact our experienced financing specialists today. We'll help you find the best loan opportunities available. Why? It's our mission to get you on the water in a boat you'll be proud to circumnavigate in.

A Company You Can Trust

National Marine Lenders Association

We are a contributing and accredited member of the NMLA.

5 Star Rated On Trustpilot

We are the highest rated RV & boat lender in the USA.

Better Business Bureau

We have the highest possible rating from the Better Business Bureau.

Additional Readings:

Best Boating Activities

Whether you're taking a scenic solo trip, treating the family to a lakeside vacation or relaxing on a romantic getaway, here are the best games to play on a boat and the most popular boating activities to make your next boating adventure unforgettable. With our inspiration, you'll never be bored at sea!

Best Places to Go Boating  

We've compiled a list of the best boating lakes in the United States to help plan your future nautical expeditions. We'll show you where to go boating within your region or state, as well as dream locations for your next extended boating vacation. Check out our list of the best places to go boating!

Costs Of Boat Ownership

Comprehensive Guide to Catamaran Financing

Investing in a catamaran represents not only a significant financial commitment but also an exciting opportunity to explore the wonders of the open sea. At Nautitech, we understand that selecting the right financing option is crucial to making your dream a reality. This guide explores various financing methods available for purchasing a catamaran, helping you to make informed decisions based on your financial situation and sailing aspirations.

Purchasing a Catamaran with Cash

For buyers with available funds, purchasing a catamaran outright is an attractive option. This method offers immediate ownership, eliminating ongoing financial commitments linked to loans or leases. Here are some advantages and disadvantages of cash purchases:

Advantages of Cash Purchases

• Immediate Ownership : The moment you complete the transaction, the catamaran is yours without any encumbrances.
• Simplified Process : Purchasing in cash typically speeds up the transaction, avoiding lengthy approval processes associated with loans.
• Cost Savings : By skipping financing, you avoid interest payments and potential fees, making it a financially prudent choice if you can afford it.

Disadvantages of Cash Purchases

• Liquidity Impact : Allocating a large sum to a single purchase may impede your ability to access funds for other investments.
• Opportunity Cost : The funds used to buy the catamaran in cash could potentially earn returns if invested elsewhere.

If you are ready to invest in your catamaran and wish to proceed with a cash purchase, contact our Nautitech team today . We are here to assist you with the entire process and ensure you are on the water as quickly as possible.

Financing a Catamaran through Loans

For those who prefer to maintain liquidity or do not currently possess the necessary funds, financing through a loan is a popular and traditional method. This approach allows you to secure your catamaran while spreading out the cost over time.

Key Characteristics of Loan Financing

• Flexible Repayment Terms : Loan terms typically range from 10 to 25 years , providing flexibility based on your financial capacity.
• Personalized Interest Rates : Interest rates will depend on your creditworthiness and the size of your down payment.

Trusted Financing Partners

Nautitech collaborates with several trusted financial institutions to assist clients in the loan application process:

• La Victoire Finance : Renowned in the American market, offering competitive loan rates.
• LIZmer : A reliable choice for those in the French market, specializing in marine financing.

By leveraging expert guidance from Nautitech and these financial partners, you can navigate the complexities of marine financing effectively.

Lease-Purchase Option (LOA): Tailored Solutions for Catamarans

Another innovative financing option is the Lease-Purchase Agreement (LOA). This method combines leasing with the eventual option to purchase, allowing buyers to enjoy their catamaran while preserving cash flow.

Advantages of the Lease-Purchase Option

• Preserved Cash Flow : By leasing, you can allocate resources to other investments or expenses while enjoying immediate use of your catamaran.
• Tailored Financing Solutions : Financial institutions like LIZmer offer customized lease agreements that accommodate your sailing plans and budget.
• Potential VAT Exemptions : Depending on your sailing itinerary, you may qualify for a full VAT exemption, significantly lowering your effective cost of ownership.

Contract Flexibility

Lease agreements can be adjusted over time. You can add equipment, amend payment terms, or even transfer lease obligations, making it a versatile choice for aspiring catamaran owners.

If you are considering a lease-purchase arrangement for your catamaran, numerous organizations provide free simulations to help you understand potential costs and benefits. Nautitech is committed to connecting you with the best options available.

Navigating Your Financing Options

Choosing the right financing method for your catamaran purchase is a personal decision that should be informed by your unique sailing goals and financial situation. To assist you in this process, we encourage buyers to consider the following questions:

• How often do you plan to sail? Are you looking for occasional weekend trips, or are you planning a global adventure?
• What is your long-term sailing vision? Consider if this is a short-term investment or part of a long-term lifestyle.

Explore Our Tour Blogs

No posts found!

"Set sail on your adventure—unlock your dream catamaran with our Comprehensive Guide to Catamaran Financing!"

Our customers.

Neil Burton

Marcelo Lassance

The service provided by the company was quite perfect. Sarah was helpful throughout the whole process and I am very happy with the result. I will hire them to sell my boat in two or three years, ;-)

Daniel Zerafa

I have been very well served by this company. Sarah and Peter were very helpful to find me the boat I was looking for. They were very very helpful all the way through the purchase and also after. I fully recommend this company. Thanks Sarah and Peter for the excellent service