Boat Loans Starting at $20,000.00 and Refinancing Starting at $75,000.00
Credit Scores 690 or Higher Are Required

Why Boat Financing Options Are Important from a Trusted National Lender

Are you looking New or Used boat financing options that meet your budget, credit, and income needs? Chesapeake Financial is a reliable and trusted New or Used boat lender in the US. We provide secure New & Used boat loans that protect your credit and fit your budget. 

We are not just a New & Used boat loan provider, we are financial experts who share a passion for boating and want to help our clients get the boat of their dreams while staying within their financial limits.

Ready to get started?

Apply Now and Receive a Response in 24 hours!
You have options with us

Used & New Boat Loans That Offer Flexible Financing

What are the Benefits of Flexible Financing on a New Boat Loan?


At Chesapeake Financial, we work with a variety of clients and have the resources to handle:


  • Self Employed Borrowers
  • Proof of Income Difficulty
  • Concerns Around Budgets

Your new boat loan is just a call away. Reach out to our new boat loan experts, who are experienced in working with different incomes, employment, and more to help get every boater out on the water. We ensure you receive boat financing tailored to your needs.


If you’re ready to begin the boat loan application process, fill out our free online application or give us a call for a new boat loan. We promise a 24hour response time and sometimes can provide instant used & new boat loan approval in Maryland with good credit scores on models 2015 and newer.


Stop waiting and start sailing with our new boat loans — the water is waiting for you, and we want to get you there.


We do not finance boats that are older than 2001.

bad credit boat loans
sail boat loans
Affordable Down Payment Options

Our Boat Financing & New Boat Loan Details

What you should know about Chesapeake Fiancial’s boat financing 


We offer New and Used Boat Loans that begin at $20,000 and go as high as $25-Million.  We do not finance boats that are older than 2001. Credit scores over 740 required for boat older that 10 years old


Our minimum down payments for New & Used boat loans in Maryland are:


  • 10% on boat loans up to $99,999
  • 15% on boat loans over $100,000
  • 20% on boat loans over $500,000

The trade equity does count towards your down payment, so talk with us about your options. Income verification is not typically required on most new boat loans under $100,000 on units 15 years old and newer and up to $124,999 on model years 2016 and newer.


We offer boat refinancing options starting at $75,000 and up on your existing  New boat loans in Maryland. If you are looking to adjust your boat financing options, talk to us about what we can do for you.

we look at your needs

Used & New Boat Loan Interest Rates that Work for You

Selecting Your Boat Loan


We offer Used & New boat loan interest rates that begin at 4.24% on large used & new boat loans with excellent credit. Other rates may apply based on the age of the boat, the finance amount, and your current credit scores.


Talk to us about what you’re looking for in a new boat and we’ll provide you the best boat loan financing options. Give us a call and we promise to work towards a positive solution for your new boat loan. If we don’t answer, we’ll return your call the same day. 


We will together to provide a solution that allows you to get on the water within the needs of your budget.

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Is Your Boat Covered

What Models Are Covered Under Our New Boat Loans and Used Boat Loans

Chesapeake Financial is a national lender that offers boat financing on model years 2005 and newer. Older boat model years are considered on a case-by-case basis and will vary based on the size of the boat loan, the age of the vessel, and your credit scores. We accommodate broker, dealer, and private sales for your new boat loans.
We Offer Boat Loans For:
We Do Not Finance:

Why Choose Us

Easy Online Application

We offer a simple online application that allows you to apply for a boat loan immediately. Expect a response within 24hours from our team. 

Fast 24hr Response

Get a response within 24hours when you apply online or place a call to our team. Don’t be left waiting and wondering if you’re approved, know within a day if you received a Chesapeake Financial Services boat loan. 

Flexible Financing

Our experiences and professional resources allow us to work with clients with various financial backgrounds, We can always work towards a positive solution no matter what your budget is. 

Years of Experience

Over 40 years of experience has allowed us to ensure that your financial needs are handled with professionalism so you are confident making your boat purchase. Work with the team with the reliable reputation. 

Ready to get started?

Apply Now and Receive a Response in 24 hours!