Boat Loans

 
Our heart is set on helping you fulfill your dreams and explore new horizons, and our team is dedicated to achieving results. Set sail on a great voyage or sightsee the coast with a Boat Loan from Pentucket Bank.
 
Boat Loan - Small (<25ft & <5 tons)
  • APR: 9.00%1
  • Maximum term: Up to 10 years
  • Monthly payment per $1,000 borrowed: $12.683
  • Minimum and maximum loan amount: $25,000-$250,000
Boat Loan - Large (>25ft & >5 tons)
  • APR: 9.50%2
  • Maximum term: Up to 20 years
  • Monthly payment per $1,000 borrowed: $9.333
  • Minimum and maximum loan amount: $50,000-$500,000

1Annual Percentage Rate (APR) as of 4/1/25 may be as low as 9.00% and is subject to change without notice. APRs assume excellent borrower credit history. Your actual APR may differ based upon your credit history, loan amount and term. All loans are subject to credit approval. Terms and conditions are subject to change without notice. The displayed rate reflects a 0.25% reduction in rate for auto-payment from a Pentucket Bank deposit account. 
2Annual Percentage Rate (APR) as of 4/1/25 may be as low as 9.50% and is subject to change without notice. APRs assume excellent borrower credit history. Your actual APR may differ based upon your credit history, loan amount and term. All loans are subject to credit approval. Terms and conditions are subject to change without notice. The displayed rate reflects a 0.25% reduction in rate for auto-payment from a Pentucket Bank deposit account. 
3Principal and interest payment are based on lowest rate and maximum term.