Boat Trader, partnering with the most trusted boat loan provider Trident Funding, specializes in new and used boat loans and refinancing. With 30 years of experience, we can help you get boat financing anywhere in the United States. Get approved as fast as 24 hours!
As of March 2023, the best interest rates for boat loans typically start around 7.74%. These rates fluctuate with market conditions, inflation, and supply and demand. Borrowers with the highest credit scores and strongest overall financial profiles usually get the best boat loan rates. The higher your credit score, the lower your interest rate will be. The best boat interest rates are reserved for the most well qualified borrowers. A well qualified borrower will have an excellent credit score, a history of on-time payments, provable income, consistent employment history, and no recent bankruptcies or foreclosures.