Park Avenue Financial - Frequently Asked Questions

Here are answers to some of the more commonly asked questions. If you don't find the answer you're looking for here, give us a call at 1-800-811-3807 or email us.

What Products Can You Help Us Finance?

We can assist you with any recreational product such as: boats and yachts, motor homes, travel trailers, horse trailers, ATVs, motorcycles, PWC and snowmobiles. We also arrange loans on home use power equipment such as tractors, generators and snow blowers.

Can You Help Us With Financing On A Private Sale?

Yes. We have exclusive arrangements with several financial institutions.

What Is The Minimum Amount To Finance?

$3001.00

Can Accessories Be Added To The Loan?

Yes. Any related equipment can be added to the loan.

Are The Interest Rates Competitive?

Yes. We offer fixed rate loans that lock in today's low interest rates protecting you from future rate increases. Depending on your circumstances and loan amount, we can secure your rate from as little as one year right up to twenty years. Should your needs change our loans can always be paid out without penalty.

My Dealer Doesn't Deal With You?

We would love work with you and your dealer. Just give us a call or email.

How Long Do Approvals Take?

Depending on your credit, approvals can be as quick as 5 minutes. Please advise us if you need a quick answer.

Do I Have The Option Of Insuring My Loan For Life And Disability?

Yes.  We have partnered with Canada's premier insurers to provide superior protection.

Does Park Avenue Financial Services Loan The Money Out?

No, Park Avenue Financial is a service company that arranges loans on behalf of your selling dealer. Through your dealer, we have relationships with most financial institutions.

Is Auto-Debit Or Pre-Authorized Payment Available?

Yes. It is required.

Can I Defer My First Payment?

In most cases, you can defer your first payment for up to six months. There is no up front cost to do this, but the interest for the payment free period will be added to your loan.

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