I'm trying to get a loan for a used snowmobile and a buddy told me to check out Canada Powersports Financing. Has anyone tried them? I'm a bit hesitant to use an online broker instead of just going to my local credit union. Any good or bad experiences?
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I went through them for my ATV. Honestly, powersports financing can be a huge headache because a lot of traditional banks don't love doing loans for "toys". These guys specialize in it, so they didn't give me any grief. Took maybe two days from application to getting the funds sorted.
Exactly what the other guy said. Traditional banks wanted to charge me insane interest on an unsecured loan for a sled because they didn't know how to value it. This company actually understands the market. It's solid Canada powersports financing without the massive hoops to jump through.