What is a Seaman's Loan?
A Seaman's Loan is a financial product that has been structured to help seafarers in need of immediate financial support.
How do I apply for a Seaman's Loan?
You can apply for a Seaman's Loan online through our website or through our customer service.
What documents do I need to apply?
Documentary requirements may vary from one specific loan product to another and depending on your situation. Generally, however, you must provide proof of employment as a seaman, identification papers, and other necessary supporting documents.
What are the interest rates for Seaman's Loans?
Rates vary depending on several factors, such as the loan amount, repayment terms, and your credit rating.
What are the repayment terms for Seaman's Loans?
We offer flexible repayment terms. You can choose a schedule that fits your income and lifestyle.
Are there any hidden fees associated with Seaman's Loans?
No, we don’t charge hidden fees on our Seaman's Loans; all terms and conditions are clearly spelled out.
Who can apply for a Seaman's Loan?
Active seafarers with a valid contract are eligible to apply for our Seaman's Loan.
What is the age requirement for applying?
The minimum age requirement is 21 years old.
How long does it take to receive the loan funds after approval?
Once approved, we strive to release your funds as soon as possible. The actual timeframe will depend on the processing period for your chosen payment method.
Can I prepay my Seaman's Loan?
Yes, you can prepay your Seaman's Loan at any time without penalty.
Still have questions? We're here to help. But no more questions? Apply now!