Two On A Big Ocean The Story of the First Circumnavigation
of the Pacific Basin
in a Small Sailing Ship


      

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lv-ab: Boat financing in Canada?

From: Jan Guthrie (no email)
Date: Wed May 03 2006 - 18:01:09 EDT

  • Next message: Kristofer Coward: "Re: lv-ab: Boat financing in Canada?"

    I am hoping that the great fount of knowledge on this list can help
    answer this question for me.

    I was talking to a prospective customer today about a boat that I have
    listed.

    They were told (by a Canadian broker) that they cannot buy a boat from
    an American broker. That Canadian boat financing will ONLY pay a
    Canadian broker for the boat. That the Canadian broker would have to
    buy the boat from my client, put it into his inventory and then the
    Canadian finance company would pay the Canadian company for the boat.

    Is this REALLY true??? That a Canadian boat finance company or bank
    will only pay a Canadian company and cannot pay the American owner of
    the boat for the boat??

    Thanks for your input.

    Jan

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  • Next message: Kristofer Coward: "Re: lv-ab: Boat financing in Canada?"



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