Buying a yacht is one of the most exciting purchases you will ever make. It is also one of the most financially complex. Unlike a car purchase or even a home mortgage, yacht financing operates by its own rules, involves specialized lenders, and varies significantly depending on the vessel’s age, size, condition, and how you plan to use it.
The good news: financing a yacht is absolutely achievable for qualified buyers, and for many owners it is the smarter financial move rather than paying all cash. This guide walks you through the entire process, from understanding how yacht loans work and what lenders actually look for, to comparing financing options, gathering your documents, and closing the deal.
Whether you are considering a motor yacht, a sailing vessel, a catamaran, or a liveaboard boat, the principles in this guide apply. We have structured this around the questions buyers ask most, in the order they actually come up during the purchase process.
Why Financing a Yacht Is Often the Smarter Move
Most first-time yacht buyers assume that paying cash is the goal and that financing is just a fallback for those who cannot afford the full purchase price. That thinking is worth revisiting. Many experienced buyers who could write a check choose not to, and their reasoning is sound.
Preserve Your Liquidity for the Real Costs of Ownership
Owning a yacht comes with ongoing costs that do not stop when the purchase closes. Marina fees, insurance, fuel, routine maintenance, crew if applicable, and the occasional unplanned repair all require ready cash. If you drain your reserves buying the boat, you may find yourself financially stretched the moment an engine needs attention or a refit is due.
Financing lets you hold onto working capital. The monthly loan payment becomes a predictable line item in your budget, while your savings and investments remain intact and available. For a closer look at what dockage costs alone can add up to in South Florida, take a look at breakdown of yacht dockage in South Florida.
Keep Your Capital Working
The investment case for financing depends on your personal financial situation, but the principle is straightforward. Money not tied up in a depreciating asset can remain invested. If your investment portfolio is earning a reasonable return and the cost of borrowing is lower than that return, the math generally favors financing.
To make this concrete: consider a buyer financing a $600,000 yacht with 20% down. That is $120,000 upfront and $480,000 financed. At a 7.5% fixed rate over 15 years, the monthly payment is approximately $4,440. Over the life of the loan, total interest paid comes to roughly $319,000, bringing the all-in cost of the vessel to around $919,000. That is a real number. Whether it is the right financial decision depends on what the $480,000 kept invested would have returned over the same period, and that calculation is specific to each buyer.
A Potential Tax Angle Worth Exploring
Under US tax law, interest on a yacht loan may be deductible if the vessel qualifies as a second home. For that classification to apply, the yacht must have a sleeping berth, a galley, and a head. This is not a guaranteed deduction, and the rules around it are nuanced enough to require a conversation with your tax advisor before you rely on it. But for buyers who qualify, it can meaningfully reduce the net cost of financing.
When Paying Cash Is the Right Answer
Financing is not always available, and it is not always the best move. Very old vessels, certain liveaboard configurations, and unusual boat types that do not meet standard lender criteria often cannot be financed through conventional marine loans at all. If you are considering a used yacht that is more than 20 years old, check with a lender early in the process before you fall in love with the boat. For boats that do not qualify for marine financing, cash, a personal loan, or a home equity line become the realistic options.
How Yacht Loans Work
The basic structure of a yacht loan resembles a home mortgage: the vessel serves as collateral, the lender holds a lien on it until the loan is repaid, and your creditworthiness shapes the rate and terms you receive. Beyond that surface similarity, the mechanics differ in important ways.
Boats depreciate differently than houses. They can be moved across state lines or international waters. They vary enormously in type, age, and condition. A 1990 sailboat and a 2024 motor yacht are both ‘boats’ to a general bank, but a marine lender understands they represent entirely different risk profiles. This is why the process takes more steps, why specialized lenders exist, and why understanding the landscape before you apply saves significant time and frustration.
What Lenders Actually Look At
When you apply for a yacht loan, the lender is assessing you and the vessel simultaneously. Here are the five factors that drive every credit decision:
1. Credit Score
Most marine lenders want to see a credit score of 680 or above for competitive rates. Scores below that threshold do not automatically disqualify you, but they typically result in a higher interest rate, a larger required down payment, or both. Marine specialists tend to have more flexibility on this than retail banks.
2. Debt-to-Income Ratio
Lenders want to see that the monthly loan payment fits comfortably alongside your existing obligations. A general benchmark: total monthly debt payments, including the new yacht loan, should not exceed 40 to 45 percent of your gross monthly income.
3. The Vessel Itself
Make, model, year, condition, and surveyed market value all factor into the lender’s decision. The bank is not just assessing your ability to pay. It is also assessing the quality of the collateral it would need to recover if the loan went into default. A boat that surveys well and holds its value is easier to finance than one in marginal condition, regardless of the asking price.
4. Intended Use
Private leisure use is the simplest path to financing. Full-time liveaboard use and commercial charter operations face more scrutiny and narrower lender options. Disclose how you plan to use the vessel from the first conversation with any lender or broker. Discovering mid-process that the intended use changes the deal significantly wastes time and can complicate your application.
5. Down Payment
The larger your down payment, the lower the lender’s risk exposure, and typically the better the rate you receive. A 25% down payment will generally produce better terms than 15%, all else being equal. For higher-risk profiles or older vessels, lenders may require considerably more.
Why Lenders Are Cautious About Boats Over 20 Years Old
Most mainstream lenders will not finance a boat older than 20 years. Many grow cautious at 15 years. The reason is not arbitrary. Older vessels have less predictable residual value, more potential for deferred maintenance, and a thinner resale market if the lender ever needs to recover the collateral.
This does not mean older boats cannot be financed. It means the path is different. Marine specialists and loan brokers often have an appetite for older vessels when the condition is strong and the survey supports the value. The requirements shift: expect a specialized lender rather than a retail bank, a more thorough survey, and a larger down payment requirement, often 30 to 40 percent or more.
For very old boats where no marine lender will engage, the fallback options are an unsecured personal loan, a home equity line of credit, or cash. Each has tradeoffs that are worth understanding before you commit to a particular vessel.
A Note on Catamarans and Sailboats
Buyers asking specifically how to finance a catamaran or how to finance a sailboat will find that the process follows the same general framework as any yacht financing. The main differences are lender appetite and collateral valuation. Catamarans have seen strong demand and value appreciation in recent years, which has made some lenders more comfortable with them. Performance sailboats and bluewater cruising vessels can be more nuanced to value, particularly if they are heavily customized or equipped for offshore passagemaking.
If you are financing a catamaran or a sailing yacht, work with a marine specialist rather than a retail bank. They have the valuation expertise and the lender relationships to structure the loan correctly.
Yacht Financing Rates, Terms, and Down Payments
Yacht Loan Interest Rates in 2025
In the US market, most yacht loans are priced in the 6.5 to 9.5 percent APR range in 2025, depending on your credit profile, the loan-to-value ratio, the vessel’s age, and the loan amount. Fixed rates offer payment certainty for the life of the loan. Variable rates often start lower but carry the risk of rising over time. For most buyers planning to hold the vessel for more than 10 years, fixed rates are the more prudent default.
Larger loan amounts tend to attract better rates. A $2 million loan will typically carry a lower rate than a $200,000 loan because the economics of margin work differently for the lender at scale. If you are considering a larger vessel, this dynamic is worth factoring into your budget.
Down Payment Requirements
For a standard purchase, a newer vessel, leisure use, and a qualified buyer, down payments typically fall in the 15 to 25 percent range. Some lenders will go as low as 10 percent for highly qualified buyers on newer vessels, while others require 30 percent as a floor.
For older boats, liveaboard use, or higher-risk profiles, expect 30 to 50 percent. This is not a penalty. It reflects the lender’s assessment of the asset’s value stability and the risk of the use case. If a lender requires 50 percent down on a boat you are considering, that is useful market information about how financeable the asset actually is.
Loan Terms
Most yacht loans run between 10 and 20 years, with 15 years being a common midpoint for mid-size vessels. Shorter terms of 5 to 7 years are typical for smaller or older boats where the lender’s risk horizon is compressed.
Many lenders apply a rule: the boat’s current age plus the proposed loan term cannot exceed a set threshold, typically 25 to 30 years. A vessel already 12 years old may therefore only qualify for a loan of 13 to 18 years at most. If you are budgeting based on a 20-year term and looking at a pre-owned boat, check this early with your lender.
Longer terms mean lower monthly payments but more total interest. A $480,000 loan at 7.5% over 15 years costs roughly $4,440 per month. The same loan over 20 years drops to approximately $3,840 per month but adds roughly $78,000 in total interest over the life of the loan. Run both scenarios before you decide on a term.
Yacht Financing Quick Reference Table
| Factor | Typical Range | Notes |
|---|---|---|
| Interest rates (US) | 6.5 to 9.5% APR | Fixed or variable; larger loans typically attract better rates |
| Down payment - standard | 15 to 25% | New vessels, leisure use, qualified buyers |
| Down payment - higher risk | 30 to 50% | Older vessels, liveaboards, complex structures |
| Loan term | 10 to 20 years | Capped by vessel age; age + term typically cannot exceed 25-30 years |
| Minimum credit score | ~680 | Lower scores possible with higher rate or larger down payment |
| Loan amounts | $50,000 to $10M+ | Loans above ~$5M typically handled by private or specialist banks |
| Sailboat / catamaran rates | Same range, 6.5-9.5% | Collateral valuation nuances may affect rate; use a marine specialist |
When Owner Financing May Make Sense
Your Yacht Financing Options: Types of Lenders
Choosing the right type of lender is one of the most important decisions in the financing process. The wrong lender for your specific situation means slower approvals, more friction, and sometimes a declined application that a specialist would have handled without issue.
Marine Specialist Lenders
Marine specialist lenders focus exclusively on boat and yacht financing. They understand vessel valuations, know how to structure loans around intended use, and have appetite for transactions that retail banks will not consider, including older vessels, complex ownership structures, liveaboards, and large transactions.
Well-known names in the US market include Trident Funding, OceanPoint Marine Lending, Essex Credit (a division of Bank of the West), and the yacht lending divisions of institutions like Bank of America Private Bank for larger transactions. These lenders are the right starting point for most pre-owned yacht purchases and for any transaction that falls outside the simplest profile.
Retail Banks and Credit Unions
A retail bank or credit union can work well for straightforward purchases: a newer boat from a dealer, a borrower with a strong existing relationship with the institution, and a clean personal financial profile. Credit unions in particular often offer lower rates than banks for qualified borrowers, and their lending criteria can be more flexible on the margins.
The limitation is an appetite for complexity. Mainstream banks have limited tolerance for older boats, liveaboards, international purchases, or corporate ownership structures. If your situation has any of these elements, a specialist lender will almost always be the better path.
Dealer Financing
When buying a new vessel, dealer financing can be a genuinely convenient option. The dealer has a pre-existing relationship with a lender or broker, handles most of the paperwork, and can sometimes access promotional rates during boat shows or manufacturer incentive periods. For a first-time buyer purchasing new from a reputable dealer, this path has real appeal.
The caution: dealer financing is not always the most competitive option, and rate transparency is lower than going directly to a lender. Before accepting dealer-arranged financing, get at least one independent quote from a marine specialist. The difference of one or two percentage points over a 15-year loan is a meaningful sum.
Yacht Loan Brokers
A loan broker does not lend money directly. They shop your application across multiple yacht financing companies and present the best available offer. For buyers of used boats, anyone in a non-standard situation, or simply anyone who wants to compare efficiently, a loan broker is often the smartest starting point.
Brokers are generally free for the borrower. They earn their fee from the lender when a loan is placed. That incentive structure means a good broker is motivated to get you approved, though not necessarily to secure you the absolute lowest rate across the market. Understand the terms being offered before accepting them, and do not hesitate to ask whether better rates are available.
Unsecured Personal Loans and Home Equity
When no marine lender will engage, two fallback options exist. An unsecured personal loan requires no collateral but carries higher interest rates, often 8 to 15 percent or more, and lower maximum loan amounts. It is viable for smaller purchases where other paths are closed.
A home equity loan or line of credit uses your property as collateral, which typically allows larger amounts and lower rates. The obvious risk: you are borrowing against your home. Interest deductibility when proceeds are used for a boat purchase is limited under current US tax law and specific to your situation. Consult a tax advisor before going this route.
Lender Comparison Table
| Lender Type | Best For | Typical Rates | Key Drawbacks |
|---|---|---|---|
| Marine specialist lender | Most yacht buyers, used vessels, large or complex transactions | Competitive; yacht-specific pricing | More documentation; fewer branch locations |
| Retail bank / credit union | New boats, simple purchases, existing customers | Competitive for standard deals | Limited appetite for older or non-standard vessels |
| Dealer financing | First-time buyers, new boats, convenience | Varies; promotional rates possible | Lower transparency; limited to new boat context |
| Loan broker | Used boats, non-standard situations, comparison shopping | Best available across multiple lenders | Broker incentive is approval, not necessarily lowest rate |
| Unsecured personal loan | Older boats or liveaboards that do not qualify for marine loans | Higher, often 8 to 15%+ | Higher rates; lower loan limits |
| Home equity loan | Larger amounts when marine financing is unavailable | Lower, but secured against your home | Home at risk; limited tax deductibility for boat use |
Documents and Eligibility: What You Need to Apply
The documentation process for a yacht loan is similar to any major loan application, with a few vessel-specific additions. Having your paperwork organized in advance shortens the timeline considerably.
Personal Financial Documents
- Two years of federal tax returns (W-2s plus Schedule C if self-employed)
- Recent pay stubs or proof of income (typically the last 60 days)
- Two to three months of bank and investment account statements
- A list of existing monthly obligations (other loans, leases, credit lines)
- For corporate or LLC purchases: entity formation documents, operating agreement, and information on all majority members or shareholders
Self-employed buyers should be prepared for additional scrutiny. Lenders typically require two full years of tax returns showing stable income, and some require a year-to-date profit and loss statement prepared by an accountant. Inconsistent income or significant write-downs on Schedule C can complicate an application even when underlying cash flow is strong.
Information About the Vessel
Pre-approval is based on your personal finances. Formal loan approval is tied to the specific vessel. Once you have identified a boat, you will need to provide make, model, year, length, location, and the asking price. Do not assume that a pre-approval for one vessel automatically transfers to a different boat. Each loan is underwritten against the specific asset.
The Marine Survey
The independent marine survey is not a formality. It serves two purposes simultaneously: it tells you the actual condition of the boat you are buying, and it gives the lender an independent valuation of their collateral.
Lenders finance up to the surveyed value, not the asking price. If you agree to pay $700,000 for a yacht and it surveys at $610,000, the lender will finance against $610,000. You are responsible for covering the $90,000 gap at closing, or negotiating a price reduction, which is frequently the better outcome. A survey that comes in significantly below asking price is a market signal worth heeding. The bank’s reluctance to finance the difference is, in that case, doing you a service.
Engage an independent, qualified surveyor, not one referred by the seller. Look for membership in NAMS (National Association of Marine Surveyors) or SAMS (Society of Accredited Marine Surveyors). Budget two to three weeks for the survey process and factor the cost, typically $15 to $25 per foot of vessel length, into your overall transaction budget. For more on what to look for during the buying process, see Andy’s guide on used yacht buyer tips.
Proof of Insurance
Hull insurance is a non-negotiable requirement for any financed yacht. The vessel is the lender’s collateral, and they will require proof of coverage bound and effective on the closing date.
One detail that catches buyers off guard: some marine insurers require evidence of the owner’s boating experience or completion of a recognized safety course before issuing a policy on a larger or more complex vessel. If you are stepping up significantly in size or capability, verify your insurability alongside your financing eligibility, not after the deal is agreed.
The Step-by-Step Yacht Financing Process
Understanding the sequence of events removes the uncertainty that slows down many first-time buyers. Several of these steps overlap, and some depend on others being completed first.
Step 1: Check Your Eligibility and Get Pre-Approved
Before you start seriously looking at yachts, approach a marine lender or loan broker for a pre-approval. This establishes what loan amount you qualify for, gives you a realistic budget ceiling, and signals to sellers and yacht brokers that you are a serious buyer. Pre-approval is based on your personal finances, not the specific vessel, so you can obtain it before you have identified a boat.
Step 2: Identify Your Lender Type and Get Rate Indications
Based on the type of vessel you are looking for, identify whether a marine specialist, a loan broker, or a retail bank is the right first call. For most pre-owned yacht purchases, a marine specialist or loan broker is the appropriate starting point. Get at least two rate indications before committing to any single lender.
Step 3: Find the Vessel and Make an Offer Subject to Survey and Financing
When you have found the right boat, make your offer with two standard conditions: subject to satisfactory survey and subject to suitable financing. This is normal practice in US yacht transactions and protects you if the survey reveals significant problems or the financing does not come together as expected. For a thorough overview of what to consider before making an offer, see what yacht buyers should consider when buying a yacht.
Step 4: Commission an Independent Marine Survey and Sea Trial
Engage a qualified independent marine surveyor, not one recommended by the seller. The survey covers the vessel’s structure, systems, mechanical condition, and market value. The sea trial confirms that the boat performs as represented. Both the survey report and the sea trial results go to you and to your lender. Budget two to three weeks for this step.
Step 5: Finalize the Loan and Bind Insurance
Once the survey is complete and the lender has reviewed the vessel details, the loan moves to formal approval. Simultaneously, arrange your hull insurance and confirm it will be bound and active on the closing date. Your broker and lender manage most of the documentation from this point forward.
Step 6: Close the Transaction
Closing involves the transfer of title, the recording of the lender’s lien, and the disbursement of funds to the seller. Your broker and lender coordinate the mechanics. Your main job at closing is to confirm the numbers match what was agreed, that all survey conditions have been addressed, and that the insurance is confirmed. Once funds clear, you take possession.
After closing, one important step is often overlooked: yacht registration with the US Coast Guard or your state of documentation. Your broker or lender can advise on which registration path is appropriate for your vessel and intended use.
Can You Finance a Liveaboard Boat?
Yes, but the path is different from standard leisure yacht financing, and it is worth understanding the landscape before you start the process.
Most mainstream retail banks treat full-time liveaboards as a higher-risk use case. The vessel is subject to greater wear, the owner is more financially dependent on it, and the secondary market for vessels used as primary residences can be narrower. Many retail lenders decline liveaboard applications outright.
Marine specialists and loan brokers are better equipped for this. They have structured liveaboard deals before, understand the risk profile, and can often find a path forward, typically with a higher down payment requirement in the 25 to 40 percent range.
If the vessel qualifies as a second home under US tax classification, different loan structures may become available. The criteria are the same as the tax deduction: the boat must have a sleeping berth, a galley, and a head. When that classification applies, the loan may be treated more like a second-home mortgage, with different rate and term options.
Common Mistakes That Delay or Derail Yacht Financing
Most financing problems are avoidable. These are the ones that come up most consistently in the US market.
Going to a Non-Marine Lender for a Complex Purchase
A retail bank that handles boat loans infrequently will take longer, ask different questions, and may decline at the last moment on criteria a marine specialist would have flagged and addressed early. Match your lender to the type of deal you are doing.
Committing to a Boat Before Checking if It Can Be Financed
Older vessels, unusual configurations, and boats in marginal condition can be very difficult to finance through standard channels. Before you invest significant time or emotional energy in a specific vessel, do a quick check with a lender or broker on whether it meets their criteria. A five-minute conversation early on can prevent weeks of wasted effort.
Skipping the Pre-Approval Step
Making an offer without pre-approval is a common first-timer mistake. Sellers and brokers take pre-approved buyers more seriously. You also avoid the risk of agreeing to a purchase price that your actual financing cannot support.
Budgeting Only for the Loan Payment
A monthly payment that looks comfortable in isolation can look very different when you add marina fees, insurance, fuel, maintenance, and crew costs to the picture. Dockage in South Florida alone can run $2,000 to $6,000 per month or more depending on vessel size and marina. Insurance on a $600,000 yacht typically runs $8,000 to $15,000 annually. Routine maintenance should be budgeted at 1 to 2 percent of the vessel’s value per year as a baseline. These numbers need to be in the picture before you sign anything.
Accepting Dealer Financing Without Comparing
Dealer financing is convenient, but convenience has a price. One independent quote from a marine specialist takes an afternoon and could save you meaningfully over the life of the loan. A difference of even 0.75 percent on a 15-year, $400,000 loan is worth tens of thousands of dollars in total interest.
Not Disclosing Intended Use
Failing to disclose charter use, liveaboard plans, or corporate ownership structures upfront creates problems that typically surface at the worst possible moment, usually during final underwriting. Lenders and insurers treat different use cases differently. Full transparency at the start protects everyone.
Conclusion
Financing a yacht is a structured process, but it is not a complicated one once you understand how it works. The fundamentals are consistent regardless of vessel size or budget: understand what lenders look for, choose the right lender type for your specific purchase, get pre-approved before you make offers, and build a realistic total ownership budget before you sign anything.
For most buyers of pre-owned yachts in the US, a marine specialist lender or a loan broker is the right first call. For new vessels from a dealer, dealer financing or a retail bank can work well. For anything outside the standard profile, whether that is an older vessel, a liveaboard, a catamaran, a sailboat, or a large transaction, specialist advice and specialist lenders pay for themselves in time saved and terms secured.
The most expensive mistakes in yacht financing are not the ones that cost money directly. They are the ones that delay closing, derail a deal you have already invested in, or leave you with a loan that makes sense in isolation but does not work alongside the full cost of ownership. Work with experienced professionals, ask the right questions early, and you will be in a strong position to close the right deal on the right vessel.
Frequently Asked Questions About Financing a Yacht
Can you finance a yacht?
Yes. Yacht financing is available through marine specialist lenders, retail banks, credit unions, and loan brokers across the United States. Eligibility depends on your credit score, income, debt-to-income ratio, the vessel’s age and condition, and your intended use. Most buyers with a credit score of 680 or above and a 15 to 25 percent down payment will find viable financing options for a standard purchase.
How do I finance a yacht?
Start by getting pre-approved through a marine specialist lender or loan broker before you begin seriously shopping. Then identify the vessel, make an offer subject to survey and financing, commission an independent marine survey, finalize the loan, bind insurance, and close. Working with a certified yacht broker alongside your lender streamlines every step of this process.
What are typical yacht financing terms?
In the US market, yacht loan terms typically run 10 to 20 years. Interest rates in 2025 generally fall in the 6.5 to 9.5 percent APR range depending on credit profile, loan amount, and vessel age. Down payments are usually 15 to 25 percent for standard purchases, rising to 30 to 50 percent for older vessels or higher-risk use cases. Many lenders apply an age-plus-term cap of 25 to 30 years total.
What credit score do I need to finance a yacht?
Most marine lenders look for a score of 680 or higher for competitive rates. Lower scores can still qualify in some cases but typically come with a higher interest rate, a larger required down payment, or both. Marine specialist lenders tend to have more flexibility than retail banks for borrowers with non-standard credit profiles.
What documents do I need to apply for a yacht loan?
You will typically need two years of federal tax returns, recent pay stubs or proof of income, two to three months of bank and investment account statements, and a summary of existing monthly obligations. Once you identify a specific vessel, the lender will also require vessel details and a completed independent marine survey. Corporate or LLC purchases require additional entity documentation.
How much down payment is required for a yacht loan?
For a standard purchase, expect to put down 15 to 25 percent. Some lenders will accept 10 percent from highly qualified buyers on newer vessels. For older boats, liveaboard use, or borrowers with a higher-risk profile, down payments of 30 to 50 percent are common. The down payment requirement reflects the lender’s assessment of the asset’s value stability, not just your creditworthiness.
Can you finance a liveaboard boat?
Yes, though the process is different from standard leisure yacht financing. Most mainstream retail banks decline liveaboard applications. Marine specialist lenders and loan brokers have more experience with this use case and can often structure financing, typically with higher down payment requirements. If the vessel qualifies as a second home under US tax classification, additional loan structures may be available. Always disclose liveaboard intent at the very beginning of any lender conversation.
How to finance a catamaran?
Catamaran financing follows the same general process as any yacht loan. Work with a marine specialist lender rather than a retail bank, since catamarans require accurate collateral valuation and not all lenders are comfortable with them. Catamarans have seen strong value appreciation in recent years, which has improved lender appetite. Down payment and rate expectations are broadly in line with equivalent monohull vessels of similar age and condition.
What is the difference between a yacht loan and a yacht mortgage?
The terms are often used interchangeably. In the US, most yacht loans are structured as secured installment loans with the vessel as collateral, similar in concept to a mortgage but governed by different legal frameworks than residential property loans. When a yacht qualifies as a second home, it may be financed through a structure that more closely resembles a mortgage in both documentation and tax treatment. Your lender will clarify which structure applies to your specific situation.
Are there specific yacht financing companies in the US?
Yes. Marine specialist lenders operating in the US market include Trident Funding, OceanPoint Marine Lending, and Essex Credit. For larger transactions above $5 million, institutions like Bank of America Private Bank and certain private banks have dedicated yacht lending teams. Loan brokers such as National Marine Lenders work across multiple lenders and can compare options on your behalf. Your yacht broker can also provide referrals to lenders they have worked with successfully.
