Yacht Financing

For Yacht Financing

• CREDIT APPLICATION
  This form should be completed by the applicant and the co-applicant and signed by both at the bottom.
• PROOF OF INCOME
  Acceptable forms of proof are recent pay stub or W-2 form for each applicant.
• PERSONAL FINANCIAL STATEMENT
  Dollar amounts listed in cash, in banks and marketable securities columns will need supporting account statements. For loans under $500,000 – the financial statement on the credit application will do. For loans over $500,000 – please fill out the full Personal Financial Statement.
• 2 YEARS PERSONAL TAX RETURNS
  We will need the most recent 2 years, all forms and schedules including K-1’s and S Corporations. If you are under extension, provide extension form also.
• 2 YEARS BUSINESS TAX RETURNS (self-employed only)
  If you are self-employed, we will need the most recent 2 years, forms and schedules.
• BUSINESS INTERIM STATEMENTS (self-employed only)
  Please provide a current P&L with the business tax returns. If you are self-employed, the bank will want to see a current interim statement.
• BUSINESS INTERIM STATEMENTS (self-employed only)
  Please provide a current P&L with the business tax returns. If you are self-employed, the bank will want to see a current interim statement.
• REVOCABLE AND LIVING TRUSTS (only needed if in the trust’s name)
  If you are putting the boat in the name of a trust, we will need the complete trust agreement to be reviewed by the bank’s legal department.
• COPY OF DRIVER’S LICENSE
• WIRED DOWN PAYMENT OR CASHIER’S CHECK FOR FINAL DOWN PAYMENT

Download the form below and send it to Finance@DenisonYachting.com

Call For More Info: (954) 763-3971