Marine Loan Rates

Loan Amount Maximum
Loan Term
Vessel Length Client Annual
Percentage Rate1
$75,000 - $4,000,000 240 Months 25 feet or longer 4.99% APR
$57,201 - $74,999 180 Months 25 feet or longer 5.50% APR
$25,000 - $57,200 180 Months2 25 feet or longer 6.99% APR
$100,000 - $4,000,000

3-Year Fixed Adjustable Rate Program

Fixed for 3 years at 3.99% APR then adjusts to WSJ prime rate + .50%. Amortized over 240 months. Prepayment penalty 1.50% for first 12 months.


Important Information About These Products

Subject to credit approval, eligibility and credit qualifications.

1 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 10/02/2019.

2 Payment Example: A borrower financing $75,000 after a down payment of 15% at an Annual Percentage Rate of 4.99% would make 240 monthly payments of $494.55.

SunTrust Marine Lending offers marine loans throughout the U.S. with exceptions to the following states: Hawaii and Vermont.

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Loans Resource Center

  • Contact Us

      SunTrust Marine Lending Specialist


      Existing SunTrust Marine Loans


      Northern Virginia Office
      4020 University Drive
      Suite 101
      Fairfax, VA 22030
      Fax: 703.218.3152


      Maryland Office
      147 Old Solomons Island Road
      Suite 501
      Annapolis, MD 21401
      Fax: 410.224.6081