Water Sports Vehicle & Boat Loan Rates
When you are ready to buy your next water sports vehicle or boat, ProFed Credit Union can help you spend less time on paperwork and more time in the water. ProFed can pre-approve your boat or water sports vehicle loan with an affordable monthly payment. We offer customizable terms and competitive boat loan rates to meet your budget!
How Does Our Boat Loan Work?
Our boat and water sports vehicle loan process works like a vehicle loan. Just like a vehicle loan, there are two types of boat loans - secured or unsecured. A secured loan is when a lender allows your boat or purchase to be used as collateral. Unsecured loans are personal loans to finance your boat where no collateral is required, and you’re approved based solely on your creditworthiness.
Being pre-approved means you’ll know exactly how much you can spend when you go into the dealership, and you will save time in the office knowing that your financing is taken care of beforehand.
We provide several loan options, terms, and rates. Prepare to apply for your loan by collecting your personal information. You can apply online to get the application process started or stop by a branch to meet with one of our loan representatives.
Our Loan Features and Benefits
Cruising across the open water gives you an adrenaline rush; helping you with the purchase also gives us that thrill. Fund your boat or water sports vehicle with us and take advantage of the following benefits:
- Competitive boat loan rates
- Simple online application
- Convenient electronic document signing feature
- Free automatic transfer
- Free online and mobile banking access 24/7
- Access funds the same day as the approval
- Available GAP coverage solutions
- Loan protection
Calculate your Monthly Payments with Our Calculator Tool
When estimating costs for financing a boat or any water sports vehicle, utilize our payments calculator to establish the minimum monthly payment amount you can afford.
Input the amount you want to borrow, the projected interest rate, and the loan term or how fast you wish to pay off the loan. After that, the tool will calculate your expected monthly payment on your loan. You can see if this new expense fits your monthly budget.
Why Choose Us?
We understand the pleasure of spending time on the water with the people you care about. We want to help you get there to enjoy the boating experience. ProFed is here for you and ready to help provide the financing you need so you can stay on top of your money.
We have been proud to serve and provide lending services to our members since 1933. We are making constructive improvements and generating new possibilities as our credit union continues to develop with important members like you, ensuring our relevance for future generations.
Enjoy Amazing Boat Loan Rates with ProFed Credit Union
We can help you fund your family’s desire to enjoy time on the water with a fast, secure, and simple loan. Get access to our competitive boat loan rates online, or reach out to us today!