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Marine Loans

Boat Loans

Peoples Bank offers a variety of boat loans and commercial maritime financing options. If you're in need of commercial maritime lending services or dreaming of water skiing, sailing, or fishing, we’ll help make it a reality. Plus, you’ll enjoy knowing that Peoples Bank marine loans are not sold. Our team looks forward to serving you through the life of your next boat loan … and the one after that! 

Boat Loans (Under $50K)

Minimum loan amount is $5,000 for new or used vessels. Financing available for a variety of uses including:

  • Boats
  • Trailers
  • Moored Vessels
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Marine Loans (Over $50K)

Programs available for loan amounts over $30K. New and used financing available for virtually any boating need including:

  • Purchase or Refinance
  • Bare Boat Charters
  • Construction (approved builders only)
Learn More

Maritime Loans

Lending services available for borrowers that operate in Pacific Coastal waters, including:

  • Acquisition, Construction, and Refinance of Commercial Vessels
  • Fishing Rights, Quota, and Permits
  • Operating Lines of Credit
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Marine Loan Rates

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Posted rates are for purchase and refinance only. Posted rates and terms may change and are subject to credit approval. Actual rate and payment may vary depending on borrower's credit history. Annual percentage rates (APR) shown are based on the use of automatic payment from a checking or savings account. Add 1% for non auto-pay loans. Evidence of insurance is required. 


Rate Alert:

Often other lenders advertise rates that are restricted to just a few eligible borrowers. When comparing rates, make certain you’re comparing apples to apples. Call today for a customized quote based on your specific purchase price and credit history.

Apply Online

Call 206-352-7040

Find a Branch

This information is for your ZIP Code of 49048

Product offerings and features may differ among geographic locations. With your ZIP code, we can make sure you see accurate information. To change the location, click on the zip code above.

5 Star RatingPeoples Bank is rated 5-Stars by Bauer
Rating as of October 2023