Boating Credit - Business Opportunity


Quick Business Summary

If you enjoy the boating life, you will love this business! Did you know… Most banks will not offer financing for boats that are over 10 years old; used trailers and motors; or the costly repairs often associated with owning a boat? At Boating Credit we are a network of lenders offering financing options. Learn more now!

*Please contact "Boating Credit" to confirm the accuracy of any information provided on this page.

Boating Credit
Business Cost, Fees & Facts for 2022

Minimum Cash Required $14,750
Total Investment $14,750
Training & Support Yes
Military/Veteran Promotion Yes

Available In These States:

We are currently accepting inquiries in these states:
  • CA
  • FL
  • GA
  • MD
  • NC
  • SC
  • TX
  • VA
  • Overview
  • Military & Veteran

Overview

Boating Credit - Business Opportunity

BOAT: In the boating industry, that stands for Break Out Another Thousand.

It’s true; whether you are buying a boat or you have to pay for a repair, owning a boat can be very expensive. People that own yachts and big fancy boats don’t worry about those costs. But the average Boat Buyer or Boat Owner does. That is why Boating Credit (a division of Credit Technologies a company started in 1999) has seen our business go from a new brand, to running to stay up with demand in less than 24 months. That is also why we are opening this opportunity to qualified individuals to become a Licensed Agency Owner in 2022. Here is a short overview of the business.

The multi-level secret to our success is that the Founders of Credit Technologies built a network of lenders that offer unsecured loans from $1500 to $125,000. The Borrowers can use these loans for any purpose (ie buying used boats, motors, trailers, and repairs). In itself, having lenders is great. But to manage the process, Credit Technologies developed an online Point Of Sale credit matrix supported by Trans Union that provides each Applicant with their credit score, credit report, and pre-qualification status within 30 seconds and with no affect on the Applicant’s credit. 

How do you make money? You will build your return at three levels. First: Used Boat Dealers and Repair Shops are desperate for financing plans for their older used boats and repair services. As a business owner, you will offer our financing services at No Costs to the Dealers and Repair Shops in your market. Then when they have a potential customer who needs a payment plan, they refer those customers to you (Boating Credit), and you get paid every time you close a loan (average fee is $489). You can also help your Dealers sell boats by advertising their boats for sale with 100% financing. When the Buyer calls in, they will talk to you. You will then refer them back to the Dealer after discussing potential financing options. The typical marketing fee we/you will earn is 10% to 15% of the sales price. With an average used boat selling for $25000 to $50,000, that is a great added income just for placing ads. Finally, you can place financing ads for boats being sold to Buyers from a Private Seller. Look at Craigs List and Facebook; there are a lot of for sale by owner ads! 

Boating Credit does not sell franchises. You will pay the required investment and then a small monthly subscription for the technology and network. When loans are generated or sales are made, you keep all the income. We provide you with web site, protected market, training, support, and everything you need to open your business within three weeks. You do not have to have a background in finance to be considered. But you really should have an interest in boating. There is nothing like working at something you love doing. 

NOTES

  • Please do not respond if you are not planning to open a business within the next 60 days. We are only offering a limited number of territories and they will fill up fast.
  • We offer up to 100% financing for the investment.
  • We offer Veterans a 10% discount.

      

 

Military & Veteran Promotions

We offer Veterans a 10% discount.


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