Boat Loans

Boat Loans

We search nationwide for the best boat financing programs.



NATIONWIDE
LOW RATES

We search nationwide for the best boat loan rates and terms for you. Even if you have past credit problems.



PROTECT
YOUR CREDIT

We reduce inquiries sometimes to zero by pre-qualifying you and only sending you to one matching lender at a time.



FAST, eASy
APPROVAL

Sign and submit your documents right from your smart phone and we can have your application funded in as little as 48 hours!

Our process is 100% online.

The Best Place to Get Online Boat Loans Is My Financing USA

We stand out from other boat loan companies. With an A+ rating from the Better Business Bureau and high customer satisfaction ratings, we've developed a sterling reputation that we're proud of. Our friendly team responds right away when you contact us, and we make ourselves available to you. Other reasons people love working with us include: 

Our Norton VeriSign Secured website keeps your information safe. 
We provide closing documents to sign on your phone. 
Our team works with you, even if you have a low credit score.
Customers can pre-qualify for loans. 
Our trusted lenders offer great rates and terms. 

An Easy and Secure Application Process

You can complete your My Financing USA application in five minutes. Once you finish, our team will call you to discuss your expectations for the loan process and answer your questions, including which terms you may qualify for and how long the process may take. We submit your application to lenders one at a time to limit inquiries that may lower your credit score.  

The Best Place for Boat Loans 

We work with people who have excellent or poor credit scores to find the loans they want. If several lenders reject your application, we reconnect and discuss a few ways to improve your credit score. That effort can help you become more attractive to lenders. 

Fill Out an Application With My Financing USA Today 

Our secure application process requires minimal effort. You could get your financing within 48 to 72 hours and get out on the water. We serve people across the 48 contiguous states, and we want to work with you. Fill out an application right now to get started. Do you have questions? You can contact us to learn more.

Our Process Is Easy

1

Apply Online

Use our DigiCert Norton VeriSign Secured website to submit your information.

2

We Find Your Match

We verify your information and match you with the right nationwide boat loan program.

3

Sign & Drive!

Sign your closing docs right from your phone then pick up your boat with a check in hand.

Our Customers Love Us

We love our customers...

Because customers like you keep referring friends and family, we keep growing!

19

Years In Business

52

Team Members

266,604

Customers

$10,812,777,883

In Applications

Compare Our Boat Loan Programs

Bad Credit Boat Financing Program

  • Rates Between 9.90% and 19.95%
  • 550 Minimum Score
  • Must Be Above $10K
  • 10% Down Preferred
  • 2010 or Newer Models (Older case by case)
  • Recreational Use Only
  • Past Bankruptcy OK
  • Some Collections or Late Payments OK
  • Debt Ratio Under 40%

Good Credit Boat Financing Program

  • Rates Between 5.74% and 9.90%
  • 680 Minimum Score
  • Must Be Above $10K
  • 10-15% Down Preferred
  • 2010 or Newer Models (Older case by case)
  • Recreational Use Only
  • No Bankruptcies
  • No Recent Late Payments
  • Debt Ratio Under 45%

A Company You Can Trust

RV Industry Association Member

RV Industry Association Member

We are a contributing and accredited member of the RVIA.

Norton VeriSign Secured

Norton VeriSign Secured

Our online application is secured with the most trusted name in online security.

A+ BBB Rating

A+ BBB Rating

We have the highest possible rating from the Better Business Bureau.

Frequently Asked Questions:

Additional Readings:

Guide to Financing a Boat

Guide to Financing a Boat

If you are a first-time boat buyer, you likely will need to get financing for your new or used boat. This guide covers how to secure financing for a boat, regardless of your credit situation or the boat you choose to purchase.

Read More
white boat boating through the water

How Hard Is It to Finance a Boat?

Many people wonder if it is hard to finance a boat and easy to get boat financing. The answer depends on many variables, and My Financing USA can help you through the different options. Learn more!

Read More
Anchored boat in the middle of water

How Long to Finance a Boat

Before purchasing your boat, it's beneficial to know how many years boat financing is and how much you can expect to spend over the term of your loan. Here's our guide on boat financing to help!

Read More

Real Boat Loan Payments

At My Financing USA, we know boating is not just a luxury, it is a way of life. That's why our mission has always been to provide the best boat loan programs to customers no matter what their credit score is.

$10,000
as low as

$112

MONTHLY 6.25% (120mo)

$25,000
as low as

$214

MONTHLY 6.25% (180mo)

$50,000
as low as

$365

MONTHLY 6.25% (240mo)

$10,000
as low as

$152

MONTHLY 9.90% (120mo)

$25,000
as low as

$329

MONTHLY 9.90% (180mo)

$50,000
as low as

$594

MONTHLY 9.90% (240mo)

$10,000
as low as

$155

MONTHLY 13.99% (120mo)

$25,000
as low as

$287

MONTHLY 13.99% (144mo)

$50,000
as low as

$655

MONTHLY 13.99% (240mo)

$10,000
as low as

$180

MONTHLY 17.95% (120mo)

$25,000
as low as

$339

MONTHLY 17.95% (144mo)

$50,000
as low as

$803

MONTHLY 17.95% (180mo)

So what are boat loan average interest rates? Our current boat finance rates range from 5.74% to 19.95%. Your rates vary based on how much you're financing, the boat's age, your credit score and your location. Our boat financing programs serve various types of credit situations, whether you have a score as high as 800 or as low as 550. 

Our boat financing terms range from 60 months up to 240 months — or five years to 20 years — which vary based on how much you're financing, your boat's age and your credit score and history. Here's how your loan's term relates to how much you're financing:

  • 20 years: You may be able to secure financing for 20 years for a $75K+ loan.
  • 15 years: You may be able to secure financing for 15 years for a $25K to $74K loan.
  • 12 years: You may be able to secure financing for 12 years for a $20K to $24K loan.
  • 10 years: You may be able to secure financing for 10 years for a $10K to $19K loan.

Since we offer the longest possible boat loan terms and no prepayment penalties, you can pay off your loan as fast as you want, along with having the lowest payment option. With our boat loan calculator tool, you can estimate what your monthly payment may look like.

Terms and current new boat loan rates are subject to change. Approvals are good for 30 days.