Two newcomers to fill boat financing gap
FOLLOWING THE WITHDRAWAL from the marine sector in July 2015 of former leading provider of leisure boat finance RoyScot Larch, two companies are stepping in to fill the void.
Independent niche finance company Zebra Finance, whose specialities include loans for private health, football season tickets and static caravans, has announced the expansion of its Leisure Finance division into marine finance under new Business Manager Brenda Feeney, formerly of RoyScot Larch. Zebra’s CEO Peter Fletcher sees his company’s role as “to offer customers easy and flexible options to spread the cost of higher-priced products and services more conveniently”.
Meanwhile, Pegasus Marine Finance, a new trading operation of the Car Loan Warehouse Limited, has launched what it calls “a fresh approach to boat finance” with options to suit all budgets from £5,000 to £250,000 with no deposit needed and “flexible finance deals”, promising to transfer funds “in record time”.