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Boat Dealers Offering Marine Loans and Financing in Michigan

16 of the 285 boat dealers we track in Michigan have on-site boat loans and marine financing. Full listings for every city are on the Michigan page.

16dealers
15cities
285dealers 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.

Harrison Twp 2

  1. Grand Pointe Marina Of Lake St Clair - Harrison Twp

    31785 S River Rd, Harrison Twp, MI 48045-1892

    New boatsUsed boatsService deptFinancingStorage
    Call Website All Harrison Twp

  2. SkipperBud's

    41700 Conger Bay Dr, Harrison Twp, MI 48045-1432

    New boatsUsed boatsService deptPartsFinancingStorage
    Call Website All Harrison Twp

Alpena 1

  1. The Boat House Marine & Storage

    2015 W Hamilton Rd, Alpena, MI 49707-7820

    Mon-Fri 9am-5:30pm, Sat 9am-2pm

    New boatsUsed boatsPartsFinancingStorage
    Call Website

Bay City 1

  1. SkipperBud's

    1809 S Water St, Bay City, MI 48708-7787

    New boatsUsed boatsService deptFinancingStorage
    Call Website All Bay City

Boyne City 1

  1. Action Water Sports

    970 Marina Dr, Boyne City, MI 49712

    New boatsUsed boatsService deptPartsFinancingStorage
    Call Website All Boyne City

Charlevoix 1

  1. Dry Harbour Marine

    6357 S US-31, Charlevoix, MI 49720-8915

    Mon-Fri 8am-5pm, Sat 8am-12pm

    New boatsUsed boatsService deptFinancingStorage
    Call Website All Charlevoix

Columbia Twp 1

  1. Boater's Choice

    12023 Brooklyn Rd, Columbia Twp, MI 49230-9108

    Mon 10am-5pm, Tue 10am-5pm, Wed 10am-5pm, Thu 10am-5pm, Fri 10am-5pm, Sat 9am-3pm

    New boatsUsed boatsService deptFinancing
    Call Website

Coopersville 1

  1. Lynden Sports Center

    1016 Omalley Dr, Coopersville, MI 49404-9680

    Mon-Fri 8am-6/8pm, Sat 8am-3pm

    New boatsUsed boatsService deptPartsFinancingStorage
    Call Website All Coopersville

Grand Haven 1

  1. SkipperBud's

    11 Harbor Island Dr, Grand Haven, MI 49417-1180

    New boatsUsed boatsService deptPartsFinancingStorage
    Call Website All Grand Haven

Harrison 1

  1. Harrison Power Sports

    5720 N Clare Ave, Harrison, MI 48625-8713

    Mon-Fri 9am-5pm, Sat 9am-2pm, Sun closed

    New boatsUsed boatsPartsFinancing
    Call Website All Harrison

Hudsonville 1

  1. Action Water Sports

    4155 32nd Ave, Hudsonville, MI 49426-8406

    New boatsUsed boatsService deptPartsFinancingStorage
    Call Website

Sault Ste Marie 1

  1. Allstar Marine & Powersports

    4000 I 75 Business Spur, Sault Ste Marie, MI 49783-3617

    Mon-Fri 9am-5:30pm, Sat 10am-2pm

    New boatsUsed boatsService deptPartsFinancing
    Call Website

Traverse City 1

  1. Action Water Sports of Traverse City

    611 W Commerce Dr, Traverse City, MI 49685-5800

    New boatsUsed boatsService deptPartsFinancing
    Call Website All Traverse City

Tyrone Twp 1

  1. Action Water Sports

    8051 Old US-23, Tyrone Twp, MI 48430-9309

    New boatsUsed boatsService deptPartsFinancingStorage
    Call Website

Waterford 1

  1. Club Royale Sales & Service

    4825 Highland Rd, Waterford, MI 48328-1138

    Mon-Fri 9am-6pm, Sat 10am-3pm

    New boatsUsed boatsService deptPartsFinancingStorage
    Call Website All Waterford

Wayland 1

  1. Premier Boating

    2602 S Patterson Rd, Wayland, MI 49348

    Mon-Fri 9am-6pm, Sat 9am-3pm

    New boatsUsed boatsService deptFinancingStorage
    Call Website All Wayland
Check for pre-payment penalties and originations fees before signing a marine retail installment contract.

Also in Michigan

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 Michigan are available via BoatDealerAtlas with 16 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 16 marine services in Michigan on BoatDealerAtlas for local safety course recommendations.