Boat Financing & Loans

Frequently Asked Boat Loan Questions

• I want to get prequalified, does applying hurt my credit?

  No, getting prequalified for Boat financing does not hurt your credit. We understand that you want to explore your financing options without negatively impacting your credit score. That's why we use a soft credit inquiry for prequalification. Feel free to get prequalified today and take the first step toward your Boating adventure without any worries about harming your credit. We're here to help you every step of the way!

• What is the typical loan term for Boat financing?

  The loan term for Boat financing can vary but commonly ranges from 36 months to 240 months (3 to 20 years). The specific loan term you choose depends on your financial situation, budget, and preferences. Shorter loan terms allow you to pay off the Boat or watercraft faster and potentially save on interest. Longer loan terms offer lower monthly payments, which can make the purchase more affordable in the short term.

• Is financing available for used Boats, or is it limited to new ones?

  Boat financing is not limited to new only new boats. Choose any unit, new or used, at any dealership or private seller. You choose the unit, we give you the money!

• I have bad credit, will I qualify?

  We specialize in dealing with clients who have credit issues. Many applicants will qualify with no down payment. We have a very high ratio of clients that are approved very quickly.