Financing

15-20 Year Terms

Boat loans are more similar to home loans than they are car loans. 15-20 year terms make boat ownership attainable for many families

AFFORDABLE MONTHLY PAYMENTS

Our team understands that a boat has to fit your budget. Our experts find options to keep your monthly payment affordable

ACCESSIBLE BOATING

Don’t let the sticker shock of a new boat keep you off the water. Advanced financing allows you to create life-long memories with your family on the water.

FREQUENTLY ASKED QUESTIONS

How long are typical boat loan terms?

Most boat loans range from 10 to 20 years, with 15 years being common. Longer terms help keep monthly payments affordable.

Is financing a boat like financing a car?

Not exactly. Boat loans usually extend much longer than car loans, making payments more manageable while giving you more time to enjoy your boat.

Do I need perfect credit to qualify?

No. Our team works with a variety of trusted lenders to find options that fit a wide range of credit situations.

What interest rates can I expect?

Rates vary depending on your credit profile, loan amount, and term length, but we partner with lenders to secure the most competitive rates available.

How much do I need for a down payment?

Down payments often range between 10–20% of the boat’s value. Our financing specialists will walk you through your options.

Can I finance accessories and add-ons?

Yes. Many loans can include extras like trailers, extended warranties, and upgrades, keeping everything in one simple monthly payment.

Why finance through The Boat Shop instead of my bank?

Our team specializes in marine lending. We simplify the process, connect you with trusted lenders, and often secure rates and terms that general banks can’t match.