Compare Marine Loans

Whatever floats your boat.
Starting Your Marine Loan.
$
years

Get Your Feet Wet with Marine Loans

Reasons for a marine loan.

Going to the beach is fun, but heading out to sea is a whole new realm of excitement. Going out to sea for a fishing trip, experiencing the ever-changing waves, and staring at the clear blue horizon are memorable for sure.

The only problem is, you need a vessel. Can’t quite go fishing out in the ocean while swimming, can you? Unless you’re volunteering as the bait.

Boats cost an arm and a leg, they’re not cheap. Beyond the upfront cost, there’s maintenance, fuel, and other continuous upkeep you have to pay for too. As it all piles on, it might feel like your dreams of going out to sea are crashing straight into an iceberg.

Why choose LoanOptions.

But don’t let them sink just yet! If you can’t pay for a shiny new boat upfront, then perhaps you could try taking out a loan for one. By getting Marine Financing, you can start hitting the high seas sooner than later, paying off the cost over time. It’s a big commitment, which one do you choose?

LoanOptions’ AI-powered loan comparison tool is here to help get you sailing smoothly. Looking through 60+ lenders for you, including the big banks and private lenders, our tool will show you all your financing options before you know it. Save time and effort with LoanOptions so you can devote your energy and free time on your new hobby instead!

More Options. More Sea.

Get back to doing the things you love, like jet-skiing, windsurfing, or whatever floats your boat.

It’s not a boat.
It’s a ship!

There’s as many types of marine vessel loans as there are fish in the sea, so don’t hesitate to look through all of the options first.
LoanOptions can help find lenders to finance a large variety of aquatic vessels. Maybe you’re looking for a:

Yacht

Dinghy

Motorcruiser

Powerboat

Keelboats

Trailer Sailer

Jet Ski

Windsurfing

Commercial Seafaring.

The ocean is full of fun, but also opportunity. Beyond recreational purposes, you can get financed for a boat for commercial purposes as well.

Fishing businesses that are looking to expand are always in need of fresh vessels. Beyond simply wanting more boats, there might be demand for a different type of ship to handle other fishing methods.

With commercial boats, there might be more leeway to lower the interest rate. As lenders know that the boat itself will be used to make the money back, they may consider the investment less risky. Furthermore, depreciation and other factors can be claimed as tax deductions!

Chattel Mortgage

A chattel mortgage for a boat pretty much works the same as a mortgage for a house. Upon approval, the lender provides enough funds to make the purchase in full, and you become the owner of the vessel. The lender then takes out a mortgage over the purchased vessel, with repossessing the boat as security. The interest rates on this type of loan are usually pretty competitive too. A ferry good deal!

Ready to Set Sail?

If you’re ready to start your ocean adventure, LoanOptions can help you navigate the treacherous waters of the loan market. There be pirates among these seas…

With LoanOptions advanced loan comparison tool, you’ll never get caught off guard by loans with ambiguous wording or other deceitful practices again, as all information is laid out to you clearly without hassle. And if whatever loan you were going for doesn’t work out, simply turn back to us, and we’ve got the rest of a giant list waiting for you!

So hop on board! You’re under LoanOptions’ watch from now on.

No Bull#@*% here.

Captain Ailos got your back!

We’ll tell you what you need to know, enquire with LoanOptions and take one step closer to getting your marine loan.

Secret fees.

The devil is in the details, and it can be more than a pain if you do not read the fine print properly or if not all associated fees are brought to your attention as a borrower.

Ask yourself these questions:

Entry/Exit Fees.

Are there any entry or exit fees?

Late Payments.

What are the late repayment fees?

Early Payments.

Are there fees for paying your loan off early?

Added Costs.

Are there any other added costs that could come up?

Still have questions?

If you have any questions or enquiries,
visit our FAQ bunker or give us a call

The cool people.

5/5 Rating
383 reviews
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5 star reviews

More than 383 smiles, laughs & warcries

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Vicki Fraser
4 days ago

Chantelle is amazing to deal with, nothing was too much trouble, she was thorough and extremely helpful and accommodating to my requests. Chantelle worked out the best solution for my personal needs to move forward with my life and she ensured I was informed every step of the way.? I cannot recommend Chantelle highly enough. A huge thank you Chantelle ?

Smile No. 371
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Mary Ann Luague
4 days ago

Pan Bhandge was very efficient and professional. The transaction was seamless and fast I never have to worry about anything. I'm very very busy so that matters. Not only did I get a good fair deal, it saves me from looking around.

Thank you Pan. You deserve the five star

Smile No. 372
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Mrskat Charman
4 days ago

Pan was a great help in finding me the right personal loan. He always kept me up to date with the process and was alway available should I have any questions. I really recommend Loan Options. Excellent service thanks again Pan ?

Smile No. 373
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Paul Ciantar
4 days ago

Great service quick and easy so much better than a big bank ???

Smile No. 374
stay cool, stay coolLoan Option

More than 383 smiles, laughs & warcries

Loan Option
Vicki Fraser
4 days ago

Chantelle is amazing to deal with, nothing was too much trouble, she was thorough and extremely helpful and accommodating to my requests. Chantelle worked out the best solution for my personal needs to move forward with my life and she ensured I was informed every step of the way.? I cannot recommend Chantelle highly enough. A huge thank you Chantelle ?

Smile No. 371
Mary Ann Luague
4 days ago

Pan Bhandge was very efficient and professional. The transaction was seamless and fast I never have to worry about anything. I'm very very busy so that matters. Not only did I get a good fair deal, it saves me from looking around.

Thank you Pan. You deserve the five star

Smile No. 372
Mrskat Charman
4 days ago

Pan was a great help in finding me the right personal loan. He always kept me up to date with the process and was alway available should I have any questions. I really recommend Loan Options. Excellent service thanks again Pan ?

Smile No. 373
Paul Ciantar
4 days ago

Great service quick and easy so much better than a big bank ???

Smile No. 374