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Boat Dealers Offering Marine Loans and Financing in Massachusetts

6 of the 159 boat dealers we track in Massachusetts have on-site boat loans and marine financing. Full listings for every city are on the Massachusetts page.

6dealers
4cities
159dealers statewide

This section lists boat dealerships and marine brokers that offer in-house financing or direct loan processing with marine lenders. Loan terms for new and used vessels typically range from 10 to 20 years, with interest rates starting between 6.5% and 9.5% APR depending on credit qualifications. Most marine lenders require a down payment of 10% to 20% of the total purchase price prior to delivery.

Danvers 2

  1. MarineMax Danvers

    10 Hutchinson Dr, Danvers, MA 01923-3774

    Monday 8:00 AM - 5:00 PM Tuesday 8:00 AM - 5:

    Used boatsService deptPartsFinancingStorage
    Call Website All Danvers

  2. Northeast - Massachusetts - Danvers

    10 Hutchinson Dr, Danvers, MA 01923

    Monday 8:00 AM - 5:00 PM Tuesday 8:00 AM - 5:

    Used boatsService deptPartsFinancingStorage
    Website All Danvers

Quincy 2

  1. MarineMax Boston

    64 Washington Ct, Quincy, MA 02169-7363

    Mon-Fri 8am-5pm, Sat 9-4, Sun 10-2

    New boatsUsed boatsService deptPartsFinancingStorage
    Call Website All Quincy

  2. Northeast - Massachusetts - Boston

    64 Washington Court, Bay Pointe Marina, Quincy, MA 02169

    Mon-Fri 8am-5pm, Sat 9-4, Sun 10-2

    New boatsUsed boatsService deptPartsFinancingStorage
    Website All Quincy

Boston 1

  1. Russo Marine

    24R Ericsson St, Boston, MA 02122-3602

    New boatsUsed boatsService deptPartsFinancing
    Call Website All Boston

Hingham 1

  1. Smith Yacht Sales

    24 Shipyard Dr, Hingham, MA 02043-1673

    Mon–Fri: 9am – 5pm Sat–Sun: By appointment Ou

    Used boatsFinancing
    Call Website All Hingham
Check for pre-payment penalties and originations fees before signing a marine retail installment contract.

Also in Massachusetts

Good to know

What credit score is needed to qualify for a boat loan?

Most marine lenders require a minimum credit score of 660 to qualify for standard loan programs, with the lowest interest rates reserved for scores of 720 and above. Subprime lenders may accept scores down to 600, but typically require a 20% to 30% down payment and higher interest rates.

How long can you finance a new or used boat?

Standard loan terms for new boats range from 10 to 20 years (120 to 240 months), depending on the total loan amount. Used boats usually cap at 10 to 15 years, and loan amounts under $25,000 are typically limited to maximum terms of 5 to 7 years.

How much down payment is required for a boat loan?

A typical down payment ranges from 10% to 20% of the total vessel sale price, including options, sales tax, and registration. Lenders may request up to 30% down for older used boats, high-performance vessels, or applicants with limited credit history.

How to register a boat?

Boat registration is handled by state natural resources or motor vehicle departments upon submitting proof of ownership, a bill of sale, and required registration fees. After processing, you will receive official registration numbers and validation decals to display on your hull. Marine agencies across Massachusetts are available via BoatDealerAtlas with 6 local resources to guide your purchase.

How to get a boating license?

Obtaining a boating license generally requires completing an approved safe boating course online or in person, followed by passing a knowledge exam. Upon passing, state authorities issue a boater safety education card valid for life. Explore 6 marine services in Massachusetts on BoatDealerAtlas for local safety course recommendations.