The Boat Loan Difference with Family Funding
We offer boat loans with NO MINIMUM CREDIT SCORE REQUIRED! We know that owning a boat is a dream not everyone can afford. Family Funding offers access to boat loan programs to get you started right away and have access to financing options that will work within your budget.
Our team has over 30 years of experience helping thousands of customers get a new or pre-owned boat. Family Funding works through an existing network of boat dealers across the state of Texas. We accept credit applications from anyone, regardless of credit history. Our loan specialists review every application.
FROM GOOD CREDIT TO NO CREDIT, WE PROVIDE BOAT LOANS WITH NO MINIMUM CREDIT SCORE TO APPLY.
Boat Loan Process
Boat Loan FAQs
HOW DO I GET A BOAT LOAN?
Fill out our online application to get started. Most lender classify a boat as a “luxury” item therefore a high credit score is required. At Family Funding we accept all credit profiles, good or bad.
WHAT IS THE INTEREST RATE FOR A BOAT LOAN?
Interest rate and APR will vary depending on your current financial situation and credit health.
IS IT A GOOD IDEA TO FINANCE A BOAT?
Yes! Financing a boat is a great way to get you on the water sooner and make your purchase more affordable.
CAN I GET A BOAT LOAN WITH POOR CREDIT?
At Family Funding we know each situation is unique which is why we look into every application on a case by case basis. While other financial institutions will turn down a poor credit score, we will do our best to finance your dream boat.
HOW LONG IS A BOAT LOAN’S TERMS?
The terms on a boat loan vary depending on your loan amount and financial situation. It is best to find terms that allow you to pay off your loan quickly at an affordable rate.
CAN I FINANCE A USED BOAT?
Yes! Boat loans through Family Funding finance both new and used inventory at any dealership within our network.
What Type of Boats Qualify for a Boat Loan?
Bass Boats
A bass boat is a small boat that is designed and equipped primarily for bass fishing or fishing for other panfish, usually in freshwater bodies such as lakes, rivers and wetlands.
Popular Brands
Caymas | Lowe Boats | Majek | Vexus
Bay Boats
These boats essentially fill the niche between small flats boats, which have a shallow draft for floating in shallow water, and larger boats that are made for open water. Using innovations and characteristics of many boat styles, bay boats have a shallower draft than offshore boats but can give you a smoother ride.
Popular Brands
Blue Wave | Carolina Skiff | Catalyst | Excel | Majek
Deck Boats
Deck boats are vessels that have been designed with large decks. The bow is bigger than it would be on other types of boats, and this additional space makes room for plenty of seating and an open floor area.
Popular Brands
Carolina Skiff | Hurricane | Starcraft Marine
Pontoons
A pontoon boat is a flattish boat that relies on floats to remain buoyant. These pontoons contain much reserve buoyancy and allow designers to create large deck plans fitted with a variety of accommodations including expansive lounge areas, stand-up bars, and sun pads.
Apply to Finance a Pontoon Boat
Popular Brands
Berkshire | Godfrey | Lowe | Qwest | Starcraft
Offshore Boats
Offshore boats are engineered and built to safely withstand the rigors of offshore conditions are generally ruggedly well-built. Although being heavily built, most have superior fit and finish plus have luxury and comfort features. Offshore capable boats often are designed and outfitted for a specific duty such as long-distance cruising, offshore sportfishing, sport-cruising or a combination of both.
Apply to Finance an Offshore Boat
Popular Brands
Blue Wave | Cape Horn | Carolina Skiff | Chevrolet | Sea Chaser
Runabouts
A runabout is any small motorboat holding between four and eight people, well suited to moving about on the water. Characteristically between 20' to 35' in length, runabouts are used for pleasure activities like boating, fishing, and water skiing, as a ship's tender for larger vessels, or in racing.
Popular Brands
Bayliner | Crownline | Hurricane | Sea Ray