Boat Loans

Apply for Boat Loan

*APR = Annual Percentage Rate. As low as rate is subject to borrower’s credit history, repayment term and collateral. All rates subject to change without prior notification. Rates may be as high as 15.72%- boats; 13.43%- motorcycle/jet ski depending on information obtained from your credit application and credit report. Monthly payment example on motorcycle and jet ski loans per $1,000 borrowed = 84 payments of $14.67. Call 504.733.7274 or 855.749.6193 for details.

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Man on Boat with Family.Boating on our many waterways is an important part of Louisiana culture. From exploring the waters of the bayou and traveling down the Mississippi River to deep sea fishing on the Gulf of Mexico, owning a boat is a great way to relax with friends and family. If you're interested in purchasing a boat, ASI Federal Credit Union can help you secure a loan that's tailored to your needs and budget, so you can enjoy afternoons on the water and maintain your financial well-being.

Understanding Boat Loans

Boats can cost anywhere from a few thousand dollars to upwards of a million dollars—and that’s not including the expense of maintenance and moorage. With a price tag similar to that of a car or a house, there are financing options available to help you afford the vessel you want. So, whether you’re interested in getting a skiff, pontoon boat, speed boat, sail boat, fishing boat or something else, our financial advocates are highly experienced with getting members the craft of their dreams.

When you meet with an advocate, we’ll sit down to create a personalized plan based on your individual financial needs. Together we’ll select a loan with the best rates, complete with a down payment and length of term that works for you.

Applying for Boat Loans

In order to get a boat loan, you first have to apply and get approved. We’ll guide you through the application process and help keep it simple and stress-free with options available for new and pre-owned boats. The application will examine your credit score and credit history, as well as your current income and available funds. It’s important that you’ll be able to make the payments without affecting your assets. Once you’re approved, you’ll be able to finance your boat and enjoy it to the fullest.

Learn More about Boat Loans

Whether you’re purchasing a boat for the first time, expanding your fleet or upgrading your current vessel, you can do so with help from ASI Federal Credit Union. Contact ASI now for more information about our boat loans and our full range of available personal loans. We have locations all throughout the greater New Orleans area, including Covington, Thibodaux, Slidell, Mandeville, Uptown and more, so it's easy to take advantage of our expert team and personal service.



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