Through its partnership with Fiditalia *, a Société Générale company, CGMer Italia can finance** your new or second-hand boat with a loan under Italian law.
Applies to boats sailing under the italian flag or to your "natante***" that you do not want to register.
Exemple :
Example of Loan finance at the rate in force on 1st juillet 2007.
Purchase price of boat
85 000 euros
Down payment 25 500 euros And 60 monthly payments of 1 178.15 euros
Total cost of credit 11 189 euros Interest rate 7% - fixed APR 7.23%
*
* Fiditalia spa - via G. Silva 34 - 20149 Milano.
** Subject to the approval of CGL Italia S.p.A in cooperation with Fiditalia.
*** Natante: Boats (sail or engine powered) up to 10 m in length.