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Boat Loans

The water, the waves, the wind and you.

Catch the wind in your sails. Catch a fish on your line. Or catch the sun's rays as you stretch out on the top deck on a weekend afternoon. There are many reasons why your family might like to get out on the water. At Power Financial Credit Union, we offer affordable loans with friendly repayment terms that can be used to float anyone's boat.

  • Financing for new and used powerboats, sailboats and other vessels
  • Fixed-rate loans as low as 5.24% APR*
  • Flexible repayment plans
  • Get pre-approved for a loan before heading to the dealer
  • Refinance your existing boat loan

Page Disclaimers

* APR = Annual Percentage Rate. Eligibility for the lowest rate on boat loans is based on credit worthiness, ability to repay, credit score, down payment and term of loan. Up to 15 years on fixed rate loans. Terms vary depending on loan amount. Minimum loan amount for fixed rate is $7,501 to qualify for the lowest advertised rate of 5.24% APR. Example: With a 66-month, $20,000 boat loan at 5.24% APR, you would make 66 monthly payments of $349.44. Members with existing Power Financial Credit Union boat loans will pay $350 when rate is being lowered. Interest rates include a .25% discount for automatic payment from your Power Financial Credit Union account and a .25% discount for previous PFCU borrowers. Other conditions may apply. Rates are subject to change at any time.

Power Financial Credit Union serves members across South Florida with 8 full-service branches and offers convenient account access from anywhere using its secure Online Banking and highly-rated Mobile App.