BOAT LOANS

Personal Service, Low Rates, Lending Experts
Rates as low as APR 7.00%*
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The Sterling Difference

Sterling Associates has more than 30 years of experience in arranging financing for:

  • New boats
  • Used boats
  • Refinancing boat loans
  • Coast Guard documentation
  • Boat insurance

We can help you navigate through this process, work with your financial advisor, and swiftly arrange the closing. You can be out on the water in your new boat in as little as 48 hours!

Sterling Associates Team
Responsive, personalized service

Responsive, personalized service

We want a long-term relationship with every customer. Not only to help arrange financing for this boat, but for the one after that and the one after that.

The best rates on the market

The best rates on the market

We work closely with more than 21 respected marine lenders to get the best possible rate for each boat loan. And we maintain relationships with manufacturers across the country who often offer special financing deals to new boat buyers.

Years of experience

Years of experience

We specialize in boat financing, and have for more than 30 years. Nobody understands the market better than us. That means you can be assured of getting the best service, the best rates and the best financial product possible.

Interest rates shown are as of 03/26/24.

Fixed Rate Boat Loans

$100,000 plus
APR 7.00%*
20 years max.
$50,000-$99,999
APR 7.5%*
15 years max.
$25,000-$49,000
APR 7.95%*
15 years max.
$15,000-$24,000
APR 8.99%*
12 years max.

Please call us to ask about our 3 and 5 year ARM programs.

*Advertised annual percentage rate and terms are subject to change without notice. Your actual annual percentage rate may be different from the APR/ rates advertised and/or shown and will be based on the credit eligibility criteria, which include factors such as credit score, down payment (overall loan to value), loan amount, loan term, credit history, year of vessel, and payment method. Values are determined from either MSRP or Factory Invoice for new boats and BUC/ NADA book values or Survey values for used vessels. Other terms, fees, and conditions may apply. Subject to credit approval. A security interest will be taken on the vessel. Payment examples in a payment calculator does not include amounts for insurance or other premiums and are estimates only. Your payments may be greater.

Calculate Your Loan

How to get started?

Call and speak to one of our financing experts
800-286-8073

Our staff of experts has more than 250 years of financing experience. We’re happy to answer any questions you may have, discuss tax questions, coordinate with your financial, tax or legal advisors, and help guide you through the process.

Apply Online

We make it as easy as possible to apply for a new loan. We’ll tell you what documents you’ll need, and help you upload them securely to our office. Once the paperwork is done, we can get you a quote within 24 hours.

Apply Now

Find a local representative, coast to coast

In addition to our own staff of experts, Sterling has offices and financing experts across the country.

Find Now

FAQ

You have questions, we have answers.

Paying Cash is Paying Too Much

Internal Revenue Code (IRC) section 163 (h)(2) states that a taxpayer may deduct any qualified interest on a qualified [...]

Tax Deductibility of Interest on Boat Loans

Boat buyers have many choices when it comes to paying for their purchase, but do they always make the [...]

Benefits of Financing your Boat

More Boat, Less Monthly Boat buyers have many choices when it comes to paying for their purchase. Here are [...]

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Address
49 Church St
Whitinsville, MA 01588
Phone
800-286-8073
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