Finance Options
Quick and easy finance options
Canal Contracting can now provide access to quick and easy finance options to meet everyone’s requirements. The new facility enables boaters to finance any major cost greater than £500 for improvements to their boats, this can also be used for engine replacement or emergency repairs when needed.
The borrowing limit is £25,000 which can be repaid over an agreed time of up to 12 years, and with a number of options available to suit a range of needs and resources we are sure that this new facility will prove invaluable.
We can offer Buy Now Pay Later to Interest Free periods and a range of interest rates from as little as 7.9% depending on how long you want to spread payments and the amount you need to borrow.
Loan quotes can be provided within minutes and applications emailed to users to be completed online with an immediate response on acceptance, and if you don’t have email or internet then paper applications can be provided too. To find out more or get a quote for a new engine or other improvement simply give the Canal Contracting team a call on 01785 785685
Finance example
Buy Now Pay Later = up to 12 months ( if cleared within the period then no interest charged (19.9%))
Interest Free option = up to 12 months ( if cleared within the period then no interest charged(19.9%))
Loan on engine supply and fitting approx £7000
Based on 3yrs £539 per year at 7.9% or £693 at 9.9% or £909 at 12.9%
Monthly repayments £239 based on lowest interest rate.