Boat Loans For Bad Credit
Get your loan today, Be on the water with your boat tomorrow.
A Boat Loan is a loan where the borrower puts the boat up as collateral for the loan. The loan is based on the value of the boat and not on the borrower’s credit, thus making it a great financing solution for people with bad credit. Boat loans generally range from $1,000 – $15,000 for a term of 2-5 years.
What do I need in order to qualify?
- You need to own a boat that is completely paid off.
- The value of the boat should be a minimum of $20,000
- Your boat is insured
- A steady income
BHM Financial Group is a finance company providing loans to thousands of Canadians across Canada since 2005. We are one of the leading lenders in the car title loan industry and approve a whopping 98% of our applications.
BHM Financial will approve your loan application when banks don’t and we have the lowest interest rate in our market.
Boat Loan in Canada
Get matched to an BHM-approved lender and find the best loans to start and grow your small business.
Own any of these assets?
You could get Boat Loan Even with Bad Credit
Any vehicle
- Less than 8 years old
- Paid out & insured
- No Outstanding loans
Mobile Home
- MUST BE PAID OUT
- MUST BE INSURED
- NO OUTSTANDING LOANS.
Home
- 1ST MORTGAGES
- 2ND MORTGAGES
- MUST BE INSURED