Boat Financing and Refinancing FAQs

Newcoast Financial Services offers the following information and guidance as you consider financing or refinancing your boat.

What is the lowest interest rate available to me for my boat loan?

Interest rates are determined by the requested boat loan amount, the value of the boat, and the credit worthiness of the applicant.

How long does the boat loan application process take?

A boat loan application can be taken over the phone in less than 10 minutes. Credit decisions can be made in as little as one business day and closing paperwork is sent by email or express mail service. Most customers complete the entire loan process in less than five business days.

What type of boat loan can be financed?

Boat financing or refinancing can be provided for vessels used for pleasure purposes starting at $25,000.

Why should I choose the ABA Boat Finance and Refinance Program and Newcoast Financial Services for my boat financing?

Newcoast Financial Services (Newcoast) is one of the most competitive and knowledgeable boat finance companies in the country. Newcoast only employs the most experienced boat loan professionals with over 20 years of experience! Most importantly, its staff and state of the art technology will give you the personal service you deserve.

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Call to speak with a loan officer at 860-876-7363.