The advantage of an eye bolt is that it allows things to hang from it and takes little time to install Comes with matching nut Stainless Steel is rust and water resistant for marine, bath and outdoor applications. Does stain or corrode as easily as ordinary steel Product Description Eyebolts are a screw with a loop on one end and threads on the other end. They are commonly used to attach cables to objects. From the Manufacturer Eyebolts are a screw with a loop on one end and threads on the other end. They are commonly used to attach cables to objects.