Denison specializes in boat loans and yacht financing for U.S. Coast Guard documented and foreign-registered vessels, allowing boat buyers to get pre-qualified for marine financing before starting the buying process.
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