Boat Loans

If you're not sure how to buy or refinance your boat, we can help you navigate unfamiliar waters and figure out what the best financing option is for you. Our Boat Loan Experts have helped countless members make their dream of boat ownership a reality. They are ready to do the same for you.

If you are looking to purchase a new boat, a used boat or want to refinance an existing non-PFCU boat loan, we are here to make the process as simple and fast as possible. For any questions regarding boat loans or refinancing, please contact us at 800-548-5465.

Power Financial Credit Union will offer you a competitive boat loan rate based on your credit score and overall financial situation, including your debt-to-income (DTI) ratio. The better your credit, the lower your rate.

Other factors that affect your boat loan rate include:
 

• The loan term you choose (shorter terms get lower rates)
• Whether you want a fixed or variable rate

Getting your boat financing pre-approved puts you in a great position to negotiate a good deal and here's why:
 

• The seller will take you seriously as a buyer.
• You won't have to watch out for hidden fees that sometimes get rolled into the sticker price when you get a loan from the dealership.
• You can find out exactly what boat loan payment you can afford so you buy a boat within your budget and can comfortably enjoy life on the water without worrying about making your payments.

Any member of Power Financial Credit Union is welcome to apply for a loan.

Our membership consists of those who: live, work or go to school in Broward, Charlotte, Collier, Lee, Martin, Miami-Dade, Monroe, Palm Beach County, Hillsborough, Manatee, Pinellas, Sarasota or St. Lucie counties

We are also proud to offer membership to our Select Employee Groups. Employees of Ryder System, Inc. FPL/NextEra Energy, and members and employees of Bonefish & Tarpon Trust, no matter where they are located, are always welcome to join.