Monday, 9 June 2014

Diesel Bug warning from River Canal Rescue

Breakdown and assistance firm, River Canal Rescue, reports an unprecedented number of call-outs across the country last week due to fuel contamination caused by water and diesel bug (an enzyme or bacteria that grows from water in the fuel).  Diesel bug is usually prevalent after winter or Easter, but it appears to be causing problems later in the year. 

Out of 83 call outs last week, nine were fuel related whereas the week before RCR attended 95 call-outs with no contamination issues. In a bid to combat the problem, RCR is offering a free 100ml bottle of Marine 16 fuel treatment to any boater who calls and requests a bottle on 01785 785680 during June. 

Managing Director Stephanie Horton, comments; "Many of the diesel bug problems appear to be after people have filled their vessel, so it could be a fuel supply issue.  We're keen to help people where we can which is why we're not putting a limit on the amount of Marine 16 we offer - it's free to boaters, usually retails at approx £5 and will treat a full fuel tank, the only cost is the cost of postage." 

Please note that if you are using another treatment we advise you to continue using this and not mix treatments.  

Wednesday, 4 June 2014

River Canal Rescue offers ‘New Marine Finance’ option

River Canal Rescue and its Canal Contracting department have entered into an agreement with finance provider, Hitachi, giving boaters access to quick and easy finance options.  The new facility will enable people to undertake boat improvements and engine replacement or emergency repairs when needed.
The borrowing limit is £25,000 which can be repaid over an agreed time of up to 12 years and a number of options, such as ‘Buy Now Pay Later’ and ‘Interest Free*’ periods are available.  Interest rates are as a little as 7.9%** depending on the amount borrowed and payback period.
RCR Managing Director, Stephanie Horton, comments: “If something goes wrong it’s not always easy to immediately get hold of the cash you need to put things right, particularly as very few loan providers lend money for boat maintenance and the process can be long winded.  Within two weeks of making this finance option available, five people successfully applied, allowing them to spread their costs and ease the financial pressure.” 
She concludes: “Loan quotes can be provided within minutes and applications emailed to users to complete online with an immediate response.  If you don’t have email or internet access, then paper applications can be provided too.”

To find out more or get a quote, call the Canal Contracting team on 01785 785685.  Plans are underway to make this facility available online. 
*Buy Now Pay Later and Interest Free options = up to 12 months.  If cleared within the period then no interest charged.  Otherwise APR 19.9%.
** Monthly repayments for a £7000 loan over three years at 7.9% APR = £218.17. 
£218.17 x 36 months = £7854.12.