Older Boat Financing & Repower Loans

Owning an older boat can be one of the smartest ways to enjoy life on the water — especially when you invest in the right upgrades. Whether you are restoring a classic vessel, repowering with modern engines, or upgrading outdated systems, flexible marine financing can help make the project affordable.

We help boat owners secure financing for older boats, engine repowers, major repairs, and marine upgrades — with the terms and amounts shown below.

$5K–$100K Financing Amounts
144 Months Maximum Loan Term
Fast Loan Approvals

Financing for Older Boats

Many traditional lenders hesitate when it comes to financing older boats. We understand that well-maintained vessels often hold tremendous value and can provide years of reliable enjoyment. Our financing programs are designed to help owners preserve, restore, and improve their boats without draining savings or delaying important upgrades.

Common Older Boat Financing Projects

  • Older yacht financing
  • Classic boat restoration loans
  • Used boat upgrade financing
  • Refit and modernization projects
  • Structural repairs and maintenance
  • Hull and roof repairs
  • Interior renovations and improvements

Boat Repower Financing

A modern engine upgrade can completely transform the performance, reliability, efficiency, and value of your boat. Repowering an older vessel is often far more cost-effective than purchasing a new boat.

Engine Repowers & Mechanical Upgrades

  • Outboard repowers
  • Inboard engine replacements
  • Diesel engine upgrades
  • Engine rebuilds and overhauls
  • Transmission replacements
  • Fuel system upgrades
  • Cooling system repairs

Marine Electronics & Navigation Financing

Today’s navigation and marine electronics systems offer incredible improvements in safety and convenience. Financing allows boat owners to upgrade aging systems without large upfront costs.

Popular Marine Electronics Upgrades

  • GPS and chartplotters
  • Radar systems
  • Autopilot systems
  • Fish finders and sonar
  • Marine communication systems
  • Audio and entertainment systems
  • Digital switching systems

Generator, Solar & Electrical System Financing

Power upgrades are one of the most popular improvements for older boats and cruising yachts. We help finance a wide range of onboard electrical improvements.

Popular Electrical & Power Projects

  • Marine generators
  • Solar packages
  • Lithium battery systems
  • Inverters and chargers
  • Shore power upgrades
  • Electrical rewiring
  • Air conditioning systems

Flexible Boat Loan Terms

We offer financing options designed specifically for marine projects and boat upgrades.

Loan Highlights

  • Loan amounts from $5,000 to $100,000
  • Terms available up to 144 months
  • Financing for older boats and yachts
  • Fast approvals
  • Competitive rates
  • Flexible repayment options

Get Financing for Your Boat Project

From engine repowers and overhauls to navigation systems, generators, solar upgrades, and major repairs, we help boat owners move forward with confidence. Contact us today to explore financing options for your older boat or yacht.

Apply Online Now Call 1-800-337-7774