Boat Loans

Finance your weekend plans with an affordable credit union boat loan from Pelican. Qualified borrowers can finance up to 110% Loan to Value on new and used watercraft at rates that won't break your budget.

Boat Hero

the pelican difference

The water is calling. 

Answer it with a boat loan 

that fits your budget. 

Man on Boat

Boat Loans with APR as low as:

5.98%

Pre-approval available
No maximum loan amount
Up to 110% loan value
No prepayment fees
New & used watercraft eligible

why borrow with pelican?

Features That Put You In Control

At Pelican, loans are designed with our members in mind. You’ll find competitive rates, flexible options, and real people ready to help you every step of the way.

Competitive Rates, New or Used

Get great rates on both new and used boats, helping you keep payments affordable.

Flexible Terms That Fit You

Choose loan terms up to 180 months to fit your budget and enjoy your boat with confidence.

More Buying Power on the Water

Finance up to 110% Loan to Value for qualified borrowers, giving you added flexibility when purchasing.

No Penalties, No Surprises

Get quick, easy approvals and the freedom to pay off your loan early with no prepayment fees.

No Limits on Your Loan

With no maximum loan amount, you can finance the boat that fits your lifestyle.

Pre-Approved and Ready to Shop

Get pre-approved for stronger buying power, making your next boat purchase easier.

Wide Range of Watercraft Covered

Cruise away with an affordable boat loan from Pelican. Qualified buyers can borrow up to 110% Loan to Value on a wide range of watercraft and recreational equipment. 

New and used boats of all types
Jet Skis and personal watercraft
Pontoon boats, fishing boats, and ski boats
Boat2

Member Protection Add-Ons

Extra Protection for the Road Ahead

Pelican provides a range of optional protection products designed to ensure you remain covered even after you drive off the lot. These products are tailored to give you peace of mind, safeguarding your investment against unforeseen circumstances.

Boat3

Get Pre-Approved & Hit the Water

Apply online in minutes or visit a branch to meet with a Pelican lending specialist. Pre-approval is available. You can also schedule a free FaceTime consultation with a lender.

Secured loan options

Borrow on Your Terms

Lower rates, fewer fees, and a full range of loan products. Find the right fit for what you need.

  • Mature man riding his motorbike in the countryside at dawn

    Auto & Motorcycle Loans

    Drive home in what makes you happy — car, truck, SUV, or motorcycle. Pelican offers rates with fast approvals and flexible terms.

    Explore Auto & Motorcycle Loans Options
  • RV Hero

    RV Loans

    Whether it's a fifth wheel, travel trailer, ATV, or other secured, we offer unbeatable financing options at competitive rates.

    Explore RV Loans Options

Common Questions

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Calculators & Tools

Calculators & Tools

Open an account with Pelican

Open an account with Pelican