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Good morning. I am wishing to purchase a narrowboat from a broker in Norfolk, they do offer boat finance but they also require me to put in a substantial deposit. The chap I was dealing with said they would require a minimum deposit of 20%, how much deposit do you require? Thanks.

Hello. Thank you for the question about narrowboat finance. As you have discovered most brokers will insist upon buyers putting in a deposit of 20-40%, this is common practice.

Pegasus Finance look at the boat finance industry from a different perspective and one of the differences is that we require NO DEPOSIT.

That’s right, no deposit, zero, nothing! We are happy to finance 100% of the full asking price, leaving you free to use your own cash for whatever you wish.

Get in touch on 0800 066 2882 or simply complete an online application and we’ll get back to you without delay with the best options available. I hope this helps, but if you need more advise please do not hesitate to contact us.

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