SIC Code 6141-12 - Boat Financing
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SIC Code 6141-12 Description (6-Digit)
Boat financing is a specialized sector of the personal credit institutions industry that provides loans and financing options for individuals and businesses looking to purchase boats. This industry involves assessing the creditworthiness of potential borrowers, determining appropriate loan amounts and interest rates, and managing the repayment process. Boat financing companies may work directly with boat dealerships or with individual buyers to provide financing options for new or used boats.
Hierarchy Navigation for SIC 6-Digit Code 6141-12
Parent Code (less specific)
Tools
- Loan origination software
- Credit scoring models
- Loan servicing software
- Payment processing systems
- Loan management systems
- Risk assessment tools
- Financial analysis software
- Loan underwriting software
- Customer relationship management (CRM) software
- Electronic signature software
Industry Examples of Boat Financing
- Boat loans
- Yacht financing
- Marine financing
- Boat refinancing
- Boat equity loans
- Boat leasing
- Boat title loans
- Boat insurance financing
- Boat trailer financing
- Boat motor financing
SIC Code 6141-12 - Boat Financing
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