Thank you for allowing Paradise Marine Center to help you with your finance needs.
Whether you're investing in a new or pre-owned boat, or re-powering your current boat, our Finance Department will guide you through the entire finance process. With the nation's leading marine lenders as finance partners, our Finance specialists can tailor a finance program to your individual needs.
Here are some answers to the most asked boat financing questions.
Q. What will the interest rate be?
A. There are several variables that determine interest rate.
- Your credit score.
- Your credit history.
- Your employment history.
- Your debt-to-income ratio.
- The amount financed. (The smaller the amount, the higher the interest rate.)
Q. How long can I finance my boat?
A. That depends on the amount financed. (The higher the amount, the longer the term.)
For amounts over $50,000, you can finance your boat for 240 months.
Q. What if I pay my loan off early?
A. No problem. All of our loans are fixed rate, simple interest loans, with no pre-payment
penalty.
Q. How long will the loan process take?
A. Often, we receive decisions from our lenders within 1 hour of submission. While not
all are that fast, its rare that a loan decision take more than 24 hours.
If you have any questions or concerns about financing your boat, contact a Paradise Marine Sales Professional.
Before completing the finance application, please take a moment to review our Privacy Notice.