Our top picks for boat loans.

Best yacht lenders. Loans for boats can be obtained through several sources. Simply fill out our online form call or email us for a quick response and even quicker funding. NMLA members -- national and local banks financial service firms and credit unions -- offer competitive financing simply because they have made boat loans an important part of their business.

They are designed to help consumers buy both used and new boats. The National Marine Lenders Association NMLA is a national organization of marine lending specialists who understand the boat business. Regions Bank lends money to buy or refinance a new or used recreational vehicle for personal use.

First Republic Bank ING Private Bank. The loan amount ranges between 5000 and 75000 and the rate of interest is fixed. We structure your boat loan to give you the interest rates and loan length that make owning a boat a true dream come true.

The lender holds an interest in the boat as collateral. 7 But a great majority are positive especially in the area of claims service. Best for Unsecured boat loans.

If you want to buy a boat and require extra financing the good news is that there are many lending options for 2017 to choose from. LightStream is part of SunTrust Bank and offers unsecured loans designed specifically for financing boat purchases. An occasional lender.

Best for Unsecured boat. Private commercial lenders like Assets America can arrange yacht financing as well as banks credit unions boat brokers and yacht manufacturers. Our top overall pick for the best boat loans is Bank of the West also known as Essex Credit.