You may have to visit a branch to close a boat loan, but the bank says it can make same-day preapproval. Call at (954) 537-7775 for your boat loans or yacht financing needs. Largest originator of yacht and boat loans in the U. solutionsBest lender for boats under $100,000. A Boat. The leasing company (or bank) then arranges to buy the boat and the balance is financed. Fishing Charter Boats in NJ. Looking for fast funding and low interest rate boat loans Florida? Loan amounts start at $5,000 and go up to $100,000. Duration of Charter: The length of time you wish to charter a boat will also impact the cost. for New or Used boats. Any banking institutions putting up APRs less than four% as well as six%. Use a peer-to-peer boat rental platform to list your boat (s) or fleet. 49% and also works with bad-credit borrowers. The boat loan process is not much different than car loans when it comes to credit. A boat is considered a second home for federal tax purposes if it has a head (bathroom) a bed (sleeping berth) and a galley (kitchen). U. Loans available to independent schools and charter management organizations. In addition to boat loans, Coastal Financial also offers U. Reserved for new catamarans, the owner can charter for 3 – 5 years on a 77/23 split management program. We offer loans for powerboats, sailboats, multi-hull boats, pontoons, and even personal watercrafts. You can choose how and where you sail, as well as your menu, activities and guest list. S. Our expertise in finance, documentation and insurance allows you to. Their average basket size is $6,000. The IRS requires that you use the vessel for at least 50% for. Fort Lauderdale International Boat Show. Other startup costs include dockage and insurance fees, licenses, utilities, and advertising and management fees. For Boat Dealers: Ad Management, Responsive Websites & Social Media Services. Cons. Set up the business entity. Obtain a guide’s license for the state you live in, if necessary. Boats that qualify for yacht financing include:. by ed d. Please contact your Bank of America Private Bank to learn more about yacht financing. 00 at boat have recepts new sterring many extras ready for the island great live aboard fishing charters owner will carry loan monthly payments. To qualify, you must become a. Whether it’s financing for a used boat loan or getting the best terms on a high-end yacht, our specialists are trained to deliver the top finance options for virtually any type of watercraft, ranging from $10,000 to $4,000,000. It should be a sufficient, roundabout way to get approved for your boat. Learn how we can help with your personal and. Vessel Vendor has a selection of professional boat lenders offering the best boat loans among their financing services. Custom ⁄. Apply Online Now. Boat as a Business. As for the return on investment, if we sell Sandpiper at market value after three years with Horizon, we expect to recoup all of our down payment and pay off the mortgage on the boat. Sean DeSilva has been flipping boats since he was 16. S. As a result of these factors, we did a first Lien motgage of $400,000 against a purchase price of $800,000. From submitting a loan application and calculating your credit score, to. So if you travel across lakes, rivers, or ocean waters of the United States we can help keep your peace of mind afloat. With their small business loans, alternative lenders tend to strip away the intimidation and lengthy documentation requirements you would find elsewhere. To start this business, all you need is to get a boat, the licenses and permits that will let you fish and transport customers, and enough insurance to cover you should something tragic happen. My cold mold project, 45. The Aircraft & Marine Financing Experts. After five years you either pay out the balloon payment and go sailing, or refinance for another five years to buy you more time. By offering a safe and efficient process with tailored services for dealers and retail customers Rock Solid Funding is your financing solution for that dream boat purchase. Get Out on the Water With CFCCU! Watch on. Get Started; Your personal information is safe with us 5 reviews Organization owner? 1100 Laskin Rd # 201, Virginia Beach, VA 23451, USA +1 (757) 491-6600. There are no monthly account-keeping fees with RAC Finance. About Us. I purposely left out purchasing costs such as broker fees, taxes, surveying costs, monthly mortgage fees or fishing and skiing. Use our easy boat loan calculator to estimate your monthly payments or calculate your total loan amount. And if your boat charter business has not made a significant net after tax profit in 3 out of the last 5 years, then the burden shifts to you the taxpayer to prove that you operated a legitimate business with a true profit motive. 5 billion in funded loans. If you’re looking to take out a used boat loan, PenFed could be a solid option. With more choice of destinations than any other yacht charter company, we’re opening up a whole world of possibilities for adventure seekers and those who. The good news is that the second-home mortgage interest deduction is still available for boaters. He set up a website to charter the boat, using Google Ads to reel in customers and cover the boat's. Borrower had excellent credit and liquidity. Take out a boat loan with a lender specializing in marine financing. Sail on the sea, rivers or lakes. Highly Trained Loan Consultants; Fast Pre-approval Process (Within 45 min or less) Variety of Programs for 2002 model year or newer; Programs for 600+ credit scores; Pre-Approval is as Easy as 1-2-3. A boat charter is an incredible opportunity for one to explore the open seas with his or her boat, discover new destinations, and create lasting memories with friends and family. In this article, we will look at the best place to get a boat loan, how to apply for a loan, the types of boat loans available, and your financing options. S. Marine loans and refinancing options. This typically involves a five year lease with a 40% balloon payment. – 11 p. Borrower had excellent credit and liquidity. Upcoming 2023 Boat Shows. Very. 54 for the boat over the 20-year term. Coast Guard Station Miami Beach crewmembers board the 50-foot pleasure boat Natalie on the Miami River in December 2019. This limit is reduced by the amount the purchased property costs exceeds. The charter income will pay for the second half of the yacht! After 6 seasons in the charter, the yacht is yours free & clear. Boat loans can be arranged for boats purchased for both personal and professional use. 20% on boat loans over $500,000. BOAT LOANS UP TO $2,000,000. Here’s the breakdown: The price of the charter depends on the market, the size, model, condition of your boat, the number of cabins, etc. Home; Reviews; RV; Contact Us; Articles and Resources; Boat Loan Calculator; Application; What To Expect; Menu. Boating in Bermuda is a lifestyle so give us a call we got a life raft for it all. Section 179 Rules. Sterling Associates are the experts in helping customers arrange the best financing, insurance and documentation services for many types of boats, recreational vehicles, private aircraft and manufactured homes. However, for loans under $50,000, zero down loans are possible depending on the borrower’s credit score and income. So, the more you borrow, the better your rate is likely to be. Their ultimate goal was to buy a catamaran and place it in a crewed charter program with them as owner operators. Get a quote Or, call 1-855-347-3939. Contact a Denison yacht. Personal use becomes income: Once you. Credit One are specialists in boat finance. Familiarize yourself with these laws by visiting and If you have any questions regarding yacht financing feel free to contact Jeff Johnson, HMY Regional Sales Manager at 954-465-8980. Pick a business name & business entity that works best for you. This can be informal from friends or through a sailing club, or more formal through a boat training program. The interest cost of this loan over an anticipated life of 60 months is $40,196. Fishing Gear Low Rates, Flexible Financing. You can apply online or over the phone. Wheels 76m Oceanco from $860,000 p/week ♦︎. If you are in the 30% tax bracket, this interest expense deduction will save you $12,058. A Name You Know - A Brand You Trust. The lender features low rates, flexible loan amounts, and widespread availability, making it a great choice for borrowers with good credit looking to purchase a boat. We offer in-house USCG documentation and marine insurance. Boatloan. At private yacht finance, we provide yacht loan for credit-challenged. At Jade Boat Loans we fully appreciate that the charter boat industry needs good value, well-structured finance which will work for them over the life of the vessel. No income verification required on loans under $100k and up to $124,999 (Boat must be 2019 or newer) Start Online Application. Serving the boat financing needs of individuals that have been declined for the following reasons. 50% equals an estimated $520. Loan limits for boat purchases can be much higher than for auto purchases. Low monthly payments. No payment for up to 60 days. Just be sure you browse around for top circulation. Navigare Yachting Complete guaranteed program. Based on this deep routed understanding they are able. Search hundreds of luxury yachts for charter listed on the world's leading superyacht charter. We offer fast funding and low rate boat loans! Chesapeake financial also offers no income verification boat loans Louisiana. Login. We offer financing solutions for personal usage, as well as charter usage. With competitive rates, a variety of repayment periods and a speedy approval process, our boat loans are focused on your needs. You choose your own yacht, qualify for charter boat/yacht financing, and title the boat using your own LLC. Kristiann and Graham, a couple from Texas, came to us just over a year ago with their dream of buying a catamaran. Menu. Charter boat business – investaSuccesful charter boat business Find out what a charter yacht marketing company will do for yourCharter legitimate compliance. Additionally, specialized boats like fishing charters or luxury yachts may come with additional costs due to their specific features and equipment. Coast Guard license. You’ll need IRS Form 1098 to deduct the interest and also any points paid to secure a loan. Not just on new boats. Catamaran Business Ownership. Our charter base in The British Virgin Islands offer a great destination and a premium power catamaran charter fleet. Belmar, New Jersey. Find ways to finance your boat charter startup. With competitive rates, a variety of repayment periods and a speedy approval process, our boat loans are focused on your needs. Either way, a bareboat charter is a win-win. Most of the lenders for charter yacht purchases in the U. The interest rate on a boat loan is based on the age of the boat, the total amount financed, your. We offer Used & New boat loans with interest rates that can begin as low as 7. We can also provide financing for trailerable boats and their trailers, vessel construction with approved builders, and vessels going into Washington state bareboat charters programs. Although its available rates vary based on the intended use of the loan, rates start as low as 7. Southeast Financial is a direct lender that supports loan options for a wide variety of recreational vehicles, including boats. The ship financing post-delivery security package includes: Maritime Mortgage on Vessel; Assignment of Charter; Contract Assignment of vessel earnings, insurances and requisition. Discover why we’re the smarter way to finance today. Boat loans through LightStream are offered from $5,000 to $100,000 with repayment. Partnering with Trident Funding. com. Boat loans from Trident Funding, by contrast, can have amortization schedules ranging from 84 months (seven years) to 240 months (20 years) long. . The cost of hiring a business consultant – $4,500. Careers. 5. Rather, call our offices today at (206) 622-3000, or simply fill out the below form for a prompt response! To finance a boat, you can go in one of three directions: Arrange financing through your boat dealer. Home Loans for Doctors. Borrower had excellent credit and liquidity. As a result, a personal loan could give you more flexibility in the make and model year of the boat you buy. Titania 73m Lurssen from $615,000 p/week ♦︎. Talk to us. It only takes five minutes to fill out our application. Typically, banks will require the boat buyer to pay a minimum of 20% of the boats full value and the bank sets the value. Meanwhile, a charter in Milwaukee, Wisconsin will charge $750 for an 8-hour charter with up to six people, which averages out to under $100 per hour. Daysailer ⁄. We work coast-to-coast and one-on-one to find every customer the best rates and the best deal for their financing needs. Coastal Financial finances, or refinances, new or used, power or sail, large or small, motor yachts, convertibles, express cruisers, high performance boats, houseboats, sloops, catamarans, and runabouts. Motor Yacht. See how Progressive simplifies boat insurance so you can enjoy your watercraft. We have assembled a team of Marine and RV loan experts specializing in marine lending, loan underwriting, US Coast Guard Documentation, state titling and yacht insurance. The amount you pay back, how long the loan term is, and the interest rate will all vary. Apply Now Request A Financing Quote You can focus on your Our team has secured over $2 billon in funding for aircraft & yachts. Featuring Sea Ray, Azimut, Boston Whaler, Harris Pontoons and more. For prompt service, please call or email your loan officer prior to mailing or sending faxes to our offices. Conventional boat loan lenders won't finance a full time charter boat, only limited charter. We have assembled a team of Marine and RV loan experts specializing in marine lending, loan underwriting, US Coast Guard Documentation, state titling and yacht insurance. Financing a recreational vehicle at 7. All transactions are subject to credit approval. A boat loan is a type of installment loan similar to an auto loan that banks, credit unions and online lenders offer. Looking for a new vessel to cruise the waters in comfort and style? If so, we might have the right boat loan for you. Loan Application. The average cost of chartering a Bali 4. Draft a boat charter business plan. Refinancing. 600+ Experian Score. Plus, it’s in the dealers’ interest to ensure. g. Browse one of the nation’s largest inventory of new and used boats for sale. For Boat Dealers: Ad Management, Responsive Websites & Social Media Services. Loans up to $5 million. S. Easy secure peer-to-peer or commercial boat insurance, for peace-of-mind to protect yourself. Boats for sale ⁄. Since 2007, we have been helping our customers upgrade their lives by getting into their dream boat with low rate boat finance. Foremost’s boat. Our underwriting experts have developed policies with essential coverages for every boater. Boat Financing. In other words, the. Give us a call at Fairwind Financial, 203-712-7204 or email Bob at dunford@fairwindfinancial. 1. Get a FREE Quote. We offer personalized lending guidance for the serious yacht enthusiast. All unsecured loans. One type is peer-to-peer charter, whereby you list your boat’s details, add photos and videos, offer available dates and select a price. Whether you're looking for a new boat insurance policy or just to save money, we can help you get started with a free boat insurance quote. Our experience will get you competitive rates and terms. Boating Infrastructure Grant Local public and private agencies may apply for grants to provide transient (guest) dockage for recreational vessels 26 feet or more in. The partners that we work with have a long history in the marine sector and understand the intricacies of different vessels. Specialties: Enjoy a harbor cruise with a private captain or go on an adventurous ocean excursion! Welcome aboard our beautiful former. Charter Fishing. Apply Online Now. Charter rememberBoat excel Benefits of starting a yacht charter businessCelebrate eofy in a unique way with river to bay’s private boat charters. All it takes to get started is clicking the Apply Now button here and we can get you a credit decision within 24. As a general guideline, motor yachts can range from $10,000 to $50,000 per week, while sailboats and catamarans typically range from $5,000 to $30,000 per week. Borrowers and prospective yacht owners please contact us at 305-899-2201 to discuss your loan request. You may be pleasantly surprised!. Your charter boat business plan is a living document that should be updated annually as your company grows and changes. BOAT LOANS UP. Some personal lenders offer loans of up to $100,000. Many lenders like to see that your monthly debt is 36. The IRS requires that you use the vessel for at least 50% for business transportation before you can claim it. address. US$289,000. Bank provides loans of up to $150,000 for new or used boats, as well as refinancing. Step 2: Mentorship. It goes like this: any loan with a 80% financing (the usual configuration) paired with a maturity higher than 10 to 12 years MAX, is guaranteed to put the buyer significantly upside down at the end of the charter program, simply by virtue of the typical charter boat depreciation and boat value on the second-hand market. Many boat loans forbid the use of the boat for any purpose other than as a private yacht, and provide the bank the option to call the note if that prohibition is breached. With banks across the Midwest, Flagstar Bank offers a range of banking and lending solutions. Best for Charters and Sport Fishing. The joys of owning a boat are endless. We are avaialble 7 days a week by phone, to meet in person or apply on line. Boat Financing. Boat loan rates vary but are usually higher than auto loan rates. The expenses which you must take into account as the boat owner include: insurance. 1. You can use either a loan specific for boats or a personal loan. Since over 85 percent of boats sold in the U. Select from 4,800 sailing yachts. There are no fees required, and same-day funding is available. Assuming that you have a high credit score, and get a 6. Despite the tumultuous ride that rates took in 2022, things have now stabilized, and current yacht financing rates generally begin at 6. Best Loans and Financing for Commercial Fishing Businesses. Why buy a boat in a charter program. 68 (after tax) in the same time period. Loan limits for boat purchases can be much higher than for auto purchases. The Loan Fund focuses on making loans through community development financial institutions (CDFIs) to small businesses whose goods and services help meet core needs in underserved communities within Charter’s 41-state operating footprint. Chartering is a great option for those who want to enjoy yacht ownership while curtailing associated costs and maintenance. If you work from your boat, you can take a home office deduction although that may raise a flag. La La Land Charters is seeking a total funding of $3,000,000 of debt capital to open its charter boat company. decisionlender. One option is LightStream, which has boat loans that start at 8. If you have questions about commercial boat loans, please call 1300 889 669 to speak to one of our finance consultants. When the seas are close by, knowing how to start a fishing charter business can be an easy way to generate some extra money. This same $100,000, if invested earning 9%, would grow to $137,703. Southeast Financial. More Rates. are pre-owned, it’s good that used boats can be financed too. S. Full-time and liveaboard accepted. A secured boat loan means you have offered collateral (more on that below). It is, however, more complicated and often more expensive to secure a loan for a used vessel. It offers boat loans from $5,000 $5 million and approvals take less than 24 hours. For a Charterer, a bareboat charter is a great way for a captain or crewmember to buy a boat without jumping through a bank’s traditional financial gauntlet. SailTime has all your marine lending needs covered with its Easy-Loan Application and a dedicated loan expert to. Proven management ability; experience planning for and managing adverse cycles. Once the financing approval has been received, the buyer will then typically pay a 20% to 25% deposit, while the balance of 75% to 80% is due upon completion of the yacht at the. Therefore, depending on how bad your credit score is, you might be able to get a second mortgage on your house. "If you're planning to spend less. Generally, new boat loans may offer longer loan terms, ranging from five to 20 years, allowing you to spread out the cost over a more extended period. How much you receive in the emergency advance depends on the number of people you employ, at $1,000 per employee. 99% – 19. Available in all 50 states. Trust us with the rental of your motorboat, sailboat, or. Up to nine weeks of destination boating time each year. 1 If you are a Citizens Personal Checking, Savings or Money Market account customer that has set up a direct deposit with a payor, you may be able to. After we make the initial Loan to you, we may refuse to allow you to take out additional loans under the Multi-Year Approval feature, terms and conditions will be outlined in your promissory note. The Charter Yacht Ownership Program is a cost-effective way to own your own boat in the British Virgin Islands while avoiding the stress and expense of traditional ownership. 91, effectively reducing the cost of the. Marketing promotion expenses – $3,580. A great boat deserves great boat insurance, and at National Boat Owners Association (NBOA), we strive to provide every boater with the best boat insurance available, while also accommodating every aspect of the. – 6 p. 5 is about $8,000 per week. If you’re an exceptionally good angler and you have or are willing to get a USCG Captain’s license, as well as any guide’s licenses your state or locality may require, you can offer out your services on your boat and potentially make a bundle. Making that escalated monthly payment, you’d owe approximately $79,200 on your boat loan after 5 years. Online access through the State Farm mobile app to your U. Accounting questions and answers. Join us aboard the Party Boat that fishes like a Private Charter! Specializes in precision fishing of the natural, shipwreck, and artificial reefs off the coast of Maryland for Sea Bass, Tautog, Summer Flounder, and Tilefish. 99% for purposes like home improvement. Assuming that you have a high credit score, and get a 6. Boats in Virginia. You get personalized service from any one of our 19,000 agents nationwide. The cruise was terminated after it was established that it was an illegal charter. USSA: Here you’ll find boat loans that start at $5,000. Experienced and qualified boaters, who use a rating system and provide ID documents, can then choose to charter your boat. Most lenders cap typical boat loan terms at 20 years—but the key here is that these are secured boat loans. Our charter boat loan program allows you to own a luxury yacht without the costs typically associated with traditional ownership. : . We are committed to delivering honesty and integrity throughout the entire lending process, after which, you'll become part of the Elite Financial International family. The cost of the purchase of fishing boats: $125,000. 64% with AutoPay (Rates as of 06/01/2023. , state title, state registration, form CG-1340 Bill of Sale, form CG-1261 Builders Certificate) An application for simplified. Make an appointment. 1984 Custom Spronk Day Charter Cat 50 pax. Boat Loans and Financing in Missouri. Let us work to secure funding for your next yacht. October 25th - 29th. 39. 15% on boat loans over $100,000. Equipment Accounts Receivable Fees Income Boats Gasoline Expense Loans Payable Owners' Withdrawal $19,900. All transactions are subject to credit approval. Above: Boat loan interest rates can vary significantly based on a number of important factors. 30% APY. La Datcha 77m Damen Yachting from $740,000 p/week ♦︎. The Boating Forum - Boat loan $150,000+ - I'm in the process of having a boat built directly from the manufacturer so I don't have the typical network of finance companies that are offered by a dealership. Find ways to finance your boat charter startup. Interest Rate (APR) *. If you’re applying for a loan less than $25,000, click here to apply online. 17. This equipment includes: 1. Our staff is working in a hybrid environment. Boats that qualify for yacht financing include: catamarans, sailboats, mega yachts, six-pack fishing boats, and more! Check with your tax professional for all the tax advantages of charter boats! Upcoming 2023 Boat Shows. It finances new and used boats, charter boats, refinances, and RV purchases. 1. Some personal lenders offer loans of up to $100,000. 1-800-700-2009 Boat Loans Charter Loans RV. We can arrange yacht loans that will meet your requirements, even if you are somewhat credit challenged. Boat insurance helps you protect your boat or personal watercraft (PWC) investment. The associated costs remain fixed, but the troubles and responsibility of ownership are eliminated. A: If you have your own commercial insurance policy boat owners can expect to receive 90% of the boat rental price. No income verification required on loans under $100k and up to $124,999 (Boat must be 2019 or newer) Start Online Application. Loan approval based on certain credit criteria and credit worthiness. Loan size may be limited for early-stage schools. Barber Guide Service – Bass Boat Fishing charter in Rocky Mount . Recreational vessels with a sleeping berth, cooking, and toilet facilities whose owners have a secured boat loan will be treated the same as second homes for the purpose of deducting loan interest, though the cap is now $750,000 for new loans. GREAT RATES and SERVICE from. Purchasing a yacht and placing it in charter can generate income and reduce costs for maintenance, berthing and insurance. However, if lower than that (600s or below), make sure that any additional information requested by lenders will help them decide whether they provide a loan or not. CT, Saturday 8 a. Friend & Follow Us: Follow; Follow; Follow; Follow; Follow; USSA. In the world of boat sharing, there is little difference between an LLC and a corporation. To finance a boat, you can go in one of three directions: Arrange financing through your boat dealer. The good news is that the second-home mortgage interest deduction is still available for boaters. S. Call 844-487-8478. If the LLC did not purchase the boat, you will need to transfer the boat to the LLC and register it in the LLC’s name. Estimated Repayment Terms 1-5 Years. You can get 20 years on a used boat as. Before buying a Boat, check your credit history, verify your income and assess your budget: consider down payment, monthly loan payments, upkeep and repairs, and expenses such as insurance and gas. In your first meeting with a. Watch on. Other start-up expenses including stationery – $1000. Insurance (general liability, workers’ compensation, and auto insurance) coverage at a total premium – $15,400. Credit Cards as low as+ 11. (I Address CHARTER purchases here) Each boat loan “costs” the ban the same to write, whether it is $8000 or $800,000. If you are in the 30% tax bracket, this interest expense deduction will save you $12,058. Subject to credit approval, OceanPoint Marine Lending stands ready to tailor a program to your specific needs. 2. So if you travel across lakes, rivers, or ocean waters of the United States we can help keep your peace of mind afloat. Gather Required Documents. With a business mentor by your side, you’ll get the valuable assistance and expert instruction you need to take you from a struggling neophyte to a consummate professional. Call Us Today For Our Most Current Rates. TO. Funding for boats, ships and other marine vessels is a specialist finance type and demands a high level of skill and knowledge that differ to many other funding types. The borrower agrees to repay the loan amount, plus interest, over a specified period. Boat owners can document their vessel or renew their Certificate of Documentation directly through the Coast Guard's National Vessel Documentation Center . Over an agreed time period, you pay back the specified loan amount, with interest. The only fee that an owner will pay is the registration fee. Apply Online Now. Most approvals within 24 hours. For Boaters: Boats for sale and charter, boating services and much more. You can rent motorboats, sailboats or houseboats for your private vacation. That being said, price is only one part of the new build contract. 5. Obatin the necessary licenses & permits for your boat charter business. With regards to funding, the main sources of funding for a charter boat business are personal savings, credit cards, bank loans, and angel investors. Marketing promotion expenses – $3,580. A chattel mortgage is a loan for a manufactured home or other movable piece of personal property, such as machinery or a vehicle. The platform offers unsecured personal loans from $5,000 to $100,000. Transferring ownership and registration of a boat is a critical step when taking over boat payments. Used Boat Loan Rates and Terms54' Headboat | Capt. Declaring Your Boat as a Second Home. If you’re buying a new, modest-sized boat from a dealer, then your regular bank (Revolut or N26) may be the best choice for your boat loan. Applicant will be charged $5. The company finances new and used boats, as well as charter boats. One has to consider the various laws for registering the boat; laws that dictate where and when the boat can operate; the laws governing the crew and its activities; and financing and loan and insurance options and laws. for New or Used boats. Use a car loan calculator that compares some other credits and initiate view exactly what the transaction will be. Crestmont Capital offers funding in as fast as 24 hours to assist you in securing the equipment that will help your business expand and properly service your clients the way they have come to expect. m. Mail your payments to the address that appears on your statement. International, domestic, and state and local tax laws also have to be considered. Have it in mind that most charters have a flat rate for up to six people; however, the number of people on a trip won’t affect how much the trip costs the business. Their boat loans come with affordable interest rates, zero fees, and with a broad spectrum of repayment terms to meet any preference. The Captain Cal II is a 90' Party/Fishing boat that is located in the Belmar Marina, Route 35 & 10th Avenue. This article will present all of the reasons why this. Finance companies will use one or more of the following guides to determine the value of the vessel for finance terms.