Boat Financing and Loan Options

One of the best parts about living in Florida is being able to enjoy the water all year long. It’s even better when you have your own boat or personal watercraft to take out. Our boat loans can help you get the financing you need with low rates and no application fee or pre-payment penalty.

Select a Service:

  • Explore Boat Loan Rates

    Find a boat loan to meet your needs so you can start enjoying the water whenever you want. Check out our boat loan rates below and apply today!

    Members: Get Pre-Approved

    Not a Suncoast member? Join Now!

Choose a Product:

APR*
as low as

APR*
as low as

Annual Percentage Rate

Rate Type

Rate Type

Fixed or Variable

Max Term**

Max Term**

New Boat/Motor/Trailer 180 mos.

APR*
as low as

7.750 %

Rate Type

Fixed

Max Term**

180 mos.

Used Boat/Motor/Trailer 180 mos.

APR*
as low as

7.750 %

Rate Type

Fixed

Max Term**

180 mos.

Additional Information

  • New Boat/Motor/Trailer
    • Suncoast boat loans for financing boats, motors, trailers and personal watercraft.
    • Get pre-approved. Apply in person, by phone or online.
    • No application fee. No prepayment penalty.
    • Present calendar year model and previous three calendar year models.
    • Personal watercraft 72 months maximum.
    • Payment Example: 144 payments of $10.70 per $1,000 borrowed based upon a 7.75% APR.
    • Not available for Boats being used as a primary residence.
  • Used Boat/Motor/Trailer
    • Suncoast boat loans for financing boats, motors, trailers and personal watercraft.
    • Get pre-approved. Apply in person, by phone or online.
    • No application fee. No prepayment penalty.
    • Ten calendar year models as of January 1.
    • Personal watercraft 72 months maximum.
    • Payment Example: 144 payments of $10.70 per $1,000 borrowed based upon a 7.75% APR.
    • Not available for Boats being used as a primary residence.

Boat Refinancing

Already have a boat loan with another financial institution? Refinance with Suncoast to save money with our low loan rates*.

Here are some reasons you might consider refinancing your boat loan:

  • Your interest rate is higher than it needs to be — if you got a loan when interest rates were higher, it might make sense to refinance when lower interest rates are available.
  • Your credit score has improved since you got your car loan — if you got your loan when your credit score was lower, you may qualify for better loan options if you refinance.
  • You need to reduce your monthly payments — if a personal setback or a family emergency has changed your financial situation, refinancing might help you reduce monthly payments so you can get through your setback without extra stress.
  • You want a better lender — when you finance at a dealership, you may end up with a lender who isn’t very responsive or has a payment system that leaves a lot to be desired. Refinancing could make life a lot easier when you find a lender who puts your needs first.