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Boat Financing and Marine Loan Options in St Petersburg, FL

7 of the 49 boat dealers we list in St Petersburg have on-site boat financing options.

This section directory features marine dealerships, brokers, and lenders offering financing programs for new and pre-owned watercraft. Marine loans differ from standard auto financing, often offering extended repayment terms up to 20 years for qualified buyers. Before applying, gather your recent tax documents, check your credit score, and ensure the vessel meets age restrictions set by marine lenders.

  1. Boat America

    8290 Bay Pines Blvd, St Petersburg, FL 33709-4002

    Mon-Sat 9am-4pm

    Used boatsFinancing
    Call Website Directions

  2. Clearwater Yachter

    6810 Gulfport Blvd S, St Petersburg, FL 33707-2137

    New boatsUsed boatsService deptPartsFinancing
    Call Website Directions

  3. Fillingham Yacht Sales Inc

    200 Beach Dr NE, St Petersburg, FL 33701

    Mon-Fri 9am-5pm

    Used boatsFinancing
    Call Website Directions

  4. Murray Yacht Sales

    200 Beach Dr NE, St Petersburg, FL 33701

    New boatsUsed boats
    Call Website Directions

  5. Pro Marine Boat Sales

    9401 Bay Pines Blvd, St Petersburg, FL 33708-3915

    Mon-Fri 8:30am-5:30pm

    New boatsUsed boatsService deptPartsFinancing
    Call Website Directions

  6. Tampa Yacht Sales

    360 Central Ave, St Petersburg, FL 33701-3803

    Mon 9am-5pm, Tue 9am-5pm, Wed 9am-5pm, Thu 9am-5pm, Fri 9am-5pm

    Used boatsFinancing
    Call Website Directions

  7. West Florida - St Petersburg

    6810 Gulfport Blvd, St Petersburg, FL 33707

    Mon-Sat 8am-5pm, Sun 11am-4pm

    New boatsUsed boatsService deptFinancingStorage
    Website Directions
Check loan size minimums: Repayment terms exceeding 10 years typically require a minimum loan amount of $25,000 to $50,000.

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Boat Financing and Marine Loan Options near St Petersburg

Good to know

What credit score is needed for a boat loan?

Most marine lenders require a minimum credit score of 660 for standard approval, while prime rates are typically reserved for scores of 720 and above. Applicants with credit scores between 600 and 650 may qualify through specialized lenders but should anticipate higher interest rates and down payments up to 20%. Lenders also evaluate your debt-to-income ratio, which ideally should remain under 45%.

What are standard interest rates and loan terms for boats?

Average marine loan interest rates generally fall between 7% and 12%, depending on creditworthiness, loan amount, and vessel age. Loan terms typically range from 10 to 15 years for amounts between $15,000 and $50,000, while loans over $100,000 can stretch to 20 years. Older vessels (over 10 to 15 years old) usually cap repayment terms at 5 to 7 years.

How much down payment is required for boat financing?

Standard down payment requirements range from 10% to 20% of the total purchase price, including sales tax and registration fees. High-value vessels over $100,000 or older pre-owned models frequently require a strict 15% to 20% down payment. Zero-down options exist primarily for well-qualified buyers with credit scores above 750 purchasing new models through manufacturer promotion programs.