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Boat Financing & Leasing

Last Updated: November 06, 2024
Written by: Amy Orr
Reviewed by: Jenna West
Originally Published: December 31, 2017

If you are looking to enjoy one of the many great lakes in Canada, getting a boat is inevitable. There are many options to choose from, including small family boats, fast speed boats and even a house boat. Whatever type of boat you are looking for, you will likely need financing or leasing to get it. At Smarter Loans, you can browse top financing and leasing providers in Canada. Below you will find a list of reputable companies in Canada that offer boat and yacht financing and leasing with reasonable terms, even if you have a poor credit score. click “Apply Now” next to one of them to get started.

You can also apply for boat financing right here at Smarter Loans and we will connect you with a suitable provider.

You can pre-apply here at Smarter Loans and we will find a suitable lender for you.

Pre-Apply For Boat Financing

Top Boat Financing & Leasing Providers in Canada

Company
Amount
Interest Rate
Reviews
Terms
$5,000 - Unlimited
Starting at 2.5%
2 - 10 years
$2,500 - Unlimited
Starting at 3.9% - 34.9%
3 - 240 Months

Introduction to Boat Financing


With endless coastline and countless lakes, Canada is the perfect place to enjoy the pleasures of boat ownership. And with over 8.6 million boats privately-owned in the country, Canadians are not shy about pursuing their passion for the open water.

If you’re hoping to join the million

Written By:

Amy Orr

Amy Orr is a professional writer and editor with over 10 years of experience in the Canadian, U.S. and U.K. financial markets. She has written for numerous publications on topics as diverse as economic literacy, corporate finance, and technical analysis of numerical data. Prior to transitioning to full-time writing, she worked in the hedge fund sector. Her academic background is astrophysics, and she has a Masters in Finance from the University of Edinburgh Business School.

Reviewed By:

Jenna West

Jenna West is Smarter Loans' in-house financial writer and content director. She has been covering the Canadian FinTech and finance industry since 2017, including financial trends analysis, industry surveys, regulatory updates and changes in Canadian consumer behaviour when it comes to finance.


What our users think...

4.5
Based on 138 reviews
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Nate CampeauNate Campeau
13:22 27 Oct 24
This company is reliable, quick, and just has the best customer service and rates it is a easy process with quick results. Would definitely recommend to anyone that needs the help.
Bles4lif Pro-DreBles4lif Pro-Dre
19:29 23 Oct 24
Vincent JohnsonVincent Johnson
07:08 23 Oct 24
Good place for borrowing a bit of money 😁
Kels HillKels Hill
06:41 23 Oct 24
Personally love this opportunity and app. Super convenient and easy to use and super awesome variety of great loans. Thanks so much guys for making such an awesome site and app and being there for me over the years. :)
Tara HartTara Hart
16:23 16 Oct 24
From beginning to end, my experience was great! Very professional and personable agents. They only asked questions that were needed for the loan and payments were extremely reasonable. Would recommend to anyone who needs emergency funds.
A ScottA Scott
19:43 11 Oct 24
“ Thank you SO very much! My situation was tricky and you guys made the whole process so effortless. The way you guys handle the whole process so discreetly. That truly speaks to how well your office is run and the caliber of specialists who handled the processing of my entire loan!”
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Types of Boat Financing & Leasing offered:

  • Fishing Boat
  • Sail Boat
  • Luxury Yacht
  • Cuddy Cabin Boat
  • House Boat
  • Speed Boat
  • Trawler Boat
  • Cabin Cruiser Boat
  • Motor Yacht Boat
  • Personal Watercraft Boat
  • Runabout Boat
  • Jet Boat
  • Wakeboard/Ski Boat

Find Providers Near You: