If you plan to finance your boat purchase, most lenders need documents to secure the mortgage. For small vessels less than 26 feet in length, a title and proof of ownership may be sufficient to meet many of the lender`s requirements. However, credits for larger vessels often require a U.S. Coast Guard documentation certificate, which can help ensure a “flush” under Title 46 Code of Federal Regulations. Some states may require both a U.S. Coast Guard certificate and a state registration to operate a motorized vessel on public waterways. YachtCloser Financial (YCF) offers specialized financial services for boat and yacht buyers. Whether your client buys a new boat, a used boat, a classic boat or a project boat, we find the best loan program to meet their needs. With exceptional service and integrated solutions, we make approval, deal coordination and the thought process easy! As a yacht store agency in Florida, the G Marine involves the approach: “In Scottsdale there aren`t too many yachts previously owned, so I took my search on the internet. I found The Navy and they had a yacht for sale that met all my parameters.
When I called, David Galante answered and was very informative. His complete knowledge of yachts became visible throughout the process. He was professional, courteous and quick, he answered all my questions and negotiated an excellent price. It was so priceless to buy my azimut. I would recommend it to anyone who is embarking on a European motor yacht purchase. In most countries, you generally need the previous owner`s existing title to get a new boat title – although some states may only accept a sales invoice with the existing hull identification number. If the title has been lost or moved, you will likely need to apply for a new title through a separate process before you can proceed to the registration process. Most titles have a language on them that indicates that the seller releases the ship to the buyer. YachtCloser offers a simple and decisive approach to managing all the forms and contracts necessary to operate your boating and yacht distribution activities. YachtCloser is pre-installed with over 100 different forms and contracts ready for you to start selling boats. In addition to standard yachtCloser forms, we have also partnered with the best broker associations in the country, so members can only access their proprietary forms via YachtCloser. YachtCloser is a private company led by founder and CEO Brad Parker, who founded the company in 2010 because of the need to serve customers faster and easier.