Swimming Pool Financing
Swimming pools, spas, and swim spas can be financed in any number of ways. The most popular over the years has been through home equity loans or home equity lines of credit. Customers would use the equity in their homes as collateral for the loan. Most of these loans are handled by the customer's bank.
Some people use low interest credit cards. This has become especially popular with the do it yourselfer who is just purchasing materials. People have also used the proceeds from stock sales, loans against brokerage accounts, and loans against retirement accounts. Another method that is quickly moving up in popularity are online lenders. With a simple, online application you can usually find out if you are approved within 24 hours.
How you finance your pool purchase is entirely your decision and it is up to you to perform all due diligence and research before deciding. For your convenience, we have links below to pages relating to two online lenders.