Marine and Boat Loans

Head out on a new adventure with the marine or boat loan that’s right for you.

Now that you've decided to set sail on a new or used boat, it's time to consider your financing options. There are multiple loan options to choose from, depending on the size and cost of your boat. Explore your options and get underway with the loan that fits your needs today.

Important Information About These Products

Subject to credit approval, eligibility and credit qualifications.

1 You can fund your loan today if today is a banking business day, your application is approved, and you complete the following steps by 2:30 p.m. Eastern time: (1) review and electronically sign your loan agreement; (2) provide us with your funding preferences and relevant banking information; and (3) complete the final verification process.

2 Your actual rate may vary based on a number of factors, including loan term. Available rates may change without notice. Property insurance required. Loan approval and final terms are subject to review of your credit history, income and other factors. Rates effective 06/11/2018.

3 Your loan terms, including APR, may differ based on loan purpose, amount, term length, and your credit profile. Rate is quoted with AutoPay discount, which is only available when you select AutoPay prior to loan funding. Rates under the invoicing option are 0.50% higher. If your application is approved, your credit profile will determine whether your loan will be unsecured or secured. Subject to credit approval. Conditions and limitations apply. Advertised rates and terms are subject to change without notice.

* LightStream Payment example: Monthly payments for a $10,000 loan at 4.04% APR with a term of 3 years would result in 36 monthly payments of $295.42.

4 Payment example: Financed loan amount of $75,000 after a down payment of 15% with a 20-year term at a rate of 5.50% Annual Percentage Rate (APR) would result in 240 monthly payments of $515.91.

5 Consult a tax advisor regarding deductibility of interest.

6 The U.S. Coast Guard charges documentation and lien recordation fees that vary based on details of the transaction. SunTrust does not mark up or profit from these fees.

Loans Resource Center