Find the Right Boat

Firstly, you have to find a boat! The best place to find your perfect boat is at your local dealership. They will have knowledgeable salespeople who can help you find the most that best fits your needs, whether it’s a fishing boat, center console, or even a pontoon. Another great place to find your perfect boat if you don’t have a dealership nearby is on Boat Trader or BoatUS. Either of those will have thousands of listings from all over the country, making it easy for you to find the perfect boat at an affordable price. Specifically, BoatUS has various financing options for you once you find the vessel you’re looking for. 

Additionally, the beginning of every year marks the beginning of boat show season! You can find numerous boat shows close to your area that contain hundreds of boats from local dealerships. There, you can find exactly what you’re looking for with the help of experienced professionals. For instance, the Atlanta Boat Show always has a number of excellent dealerships with top-of-the-line watercraft for you to explore.

Figure Out Your Budget

After you’ve found the boat that’s calling your name, it’s best to find a loan calculator. A loan calculator allows you to plug in different values and determine the best terms for your budget. Once you’ve determined your desired terms, you can compare different quotes from lenders once you apply. 

Fing the Right Financing Partner

Now you’ve found the boat you want; it’s time to find financing. Boat loans are widely available in Georgia. You can always check to see if your local credit union has any options. There are some who will provide recreational loans, but it isn’t typically their specialty. They likely don’t have a dedicated recreational loan expert that knows all of the ins and outs. Several national banks have recreational loan programs that you can utilize to get a boat loan. These include LightStream (a division of Truist), Bank of the West, US Bank, Aqua Finance, and Medallion Bank. 

While most of these national banks can provide you with decent terms, you don’t have to take the time to apply to each one of these banks. First Approval Source works with several different lenders and credit unions, and we have access to and knowledge of all of their various programs. We evaluate your credit profile and match you with the best lenders that best fit your credit profile. We even work with several subprime lenders if you have less than stellar credit. 

Getting a boat loan in Georgia does not have to be complicated. You don’t have to waste any time getting the funding you need. All you have to do is fill out our easy-to-use, secure credit application online, and we’ll do the rest. We’ll thoroughly review your application and get back to you as soon as possible. We even offer same-day approvals for those with qualified credit. 

Our specialists are experts in their field, and they can help you make the best decision for you and your boat. They are passionate about not only boating, but about helping you and getting you out on the water so you can have fun. When you’re ready, please feel free to visit our website at www.firstapprovalsource.com and fill out our credit application! For more tips and tricks for your next loan, click here.