Float Finance
$10k-$1.3M traditional lending options
$300k-$50M Yacht lending program (must be yacht certified)
Maximum term:
$10-$25k - 144mo
$25k-$50k - 180mo
$50k+ - 240mo
For used vessels exceeding $100k, be prepared with survey/sea trial. We recommend a SAMS certified surveyor.
If you have any questions don't hesitate to reach out, ask for Dylan
- Boat Financing
Annapolis Yacht Sales
Annapolis Yacht Sales and Services has been serving the Chesapeake Bay and boaters in our area for over 65 years. Our service department continues to grow, and we now have two service shops that allow us to work year round no matter the weather. In addition to our shops in Annapolis, MD and Stevensville, MD, we offer over the road service so our certified technicians can come to you. Our crew can work on most makes and models of power or sailboats. We provide winterization and spring commissioning services, fiberglass repair, rigging, engine repair, electrical upgrades/repairs, engine repower and more.
- Boat Service
- Fiberglass Repair
- Boat Painting
- Marine Audio
- Boat Dealer
- Boat Documentation
- Boat Heating And Cooling
Dominion Yachts
Dominion Yachts is a licensed watercraft dealer specializing in Freshwater Pleasure Boat Sales and Yacht Brokerage. Professional Brokerage and Detailing Service covering the waterways and tributaries of Virginia, Maryland & Washington DC. Ranked 4th Largest Boat Brokerage in the Mid Atlantic 2012.
- Boat Dealer
- Boat Broker
- Boat Financing
- Boat Sales
North Point Yacht Sales
Your boating experience should be fun and rewarding. At North Point Yacht Sales, we strive to provide the highest level of professional service while keeping your boat buying (or selling) experience easy. Our goal is to find you your next boat that aligns with your lifestyle and your on-the-water ambitions. I
- Boat Dealer
- Boat Sales
- Boat Broker
- Boat Financing
Rhode River Boat Sales
Whether you are looking to buy, sell or have your boat serviced, Rhode River Boat Sales in Edgewater, MD has been providing these services for over 39 years up and down the Chesapeake Bay. Award winning Maryland Boat Sales for Crownline, and Sea Fox Boats.
- Boat Sales
- Boat Dealer
- Boat Broker
- Boat Financing
- Boat Broker
- Boat Sales
Seabreeze Yacht Brokers
At Seabreeze Yacht our focus is on providing our clients with experienced and knowledgeable marine brokerage service, whether buying or selling. Having owned and operated marine vessels of many sizes for over forty years, as well as having been in the marine business for twenty-five years, we have the ability to provide exceptional guidance throughout the buying and/or selling process. We understand that only you can decide which vessel will best fit your purpose. It is our job to listen and respond to you with thoughtful consideration as you weigh your options. We are pleased to be able to refer you to a wide range of qualified companies which provide financing, insurance, surveys, technical and mechanical care, transportation and any other services supporting the brokerage process. Whether you are looking for your first boat or looking towards your next yacht; whether you are new to us or weâ've assisted you before, at Seabreeze Yacht, we are dedicated to serving your interests with discretion, integrity, and diligence.We look forward to hearing from you.
- Boat Dealer
- Boat Broker
- Boat Financing
- Boat Sales
Sterling Acceptance Corporation
Sterling Acceptance is your best source for marine and RV loans anywhere in the continental United States. Headquartered in Annapolis, MD, Sterling Acceptance has been in business since 1987 and has six regional sales representatives to assist with financing boats and RVs nationally.?We pride ourselves in our?exceptional service?at the?lowest rates for loans?from $15,000 to $10,000,000.Sterling Acceptance also offers U.S. Coast Guard documentation and state title/registration services as well as?the best marine insurance rates for your needs. We are boaters ourselves and enjoy and understand the boating lifestyle!
- Boat Dealer
- Boat Financing
- Boat Insurance
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Boat Financing FAQs
What is boat financing and how does it work?
Boat financing allows you to borrow money to purchase a boat and pay it off over time, typically with monthly payments. Loans can come from marine lenders, banks, credit unions, or through boat dealers and brokers. Terms vary based on loan amount, credit score, and boat type.
What types of boats can be financed?
Most lenders finance new and used powerboats, sailboats, pontoon boats, and personal watercraft. Some also finance liveaboards, houseboats, and yachts, but loan terms may differ depending on the boat’s age, condition, and usage.
What are typical loan terms for boat financing?
Loan terms typically range from 5 to 20 years. Shorter terms may have higher monthly payments but lower overall interest costs. Longer terms reduce monthly payments but increase total interest paid. Your credit profile and loan size will influence the options available to you.
What credit score is needed to finance a boat?
Most marine lenders prefer a credit score of 680 or higher, though some may approve loans with lower scores at higher interest rates. A strong credit history, low debt-to-income ratio, and proof of income improve your chances of approval.
Can I get pre-approved for a boat loan?
Yes, many lenders and financing services offer pre-approvals. This helps you understand how much you can afford before shopping and strengthens your offer when buying from a dealer or private seller. Pre-approval usually involves a credit check and financial review.
What is the difference between secured and unsecured boat loans?
Secured loans use the boat as collateral and typically offer lower interest rates and longer terms. Unsecured loans don’t require collateral but usually come with higher rates and shorter terms. Most boat loans are secured.
How much should I expect for a down payment?
Typical down payments range from 10% to 20% of the boat’s purchase price. Higher down payments can reduce your monthly payments and improve your loan terms. Some lenders may offer 0% down for well-qualified buyers.
Can I finance a used boat or a private party sale?
Yes, many lenders finance used boats, including those purchased from individuals. The boat may need to meet certain age and condition requirements. Be prepared to provide documentation like a bill of sale, title, and proof of insurance.
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