Bayliner Boats for sale in Riverside Marine, Essex, Maryland

Boat Financing in Essex, MD

Financing your new boat couldn't be easier with onsite expertise to make your
purchase as smooth as possible!

Riverside has an on-site, full-time Business Manager, Mike Shrader, who is well versed in the complexities of boat financing and registration. Marine lending is unlike any other loan product, and with over 60% of our customers financing their Bayliner, Trophy or Sportsman boat, we believe that having expert guidance immediately available will help make your purchase much smoother.  We believe that available finance terms should be quick, transparent, and catered to your needs. Riverside has over 10 banks at our disposal, and with our purchasing power we provide the best rates available without any loan fees. Mike can also guide you through getting your boat properly insured, as all banks have different guidelines for coverage and deductibles.  We can provide a quote through a highly rated marine insurance provider, and help you bind coverage on the spot.

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We handle all Maryland taxes, titling, and registrations. For out-of-state buyers, we can have the registration and title work completed by a title service for a small fee, or we will completely guide you through the process of getting your boat (and trailer) titled in your home state, provide you with all necessary notarized documents, and pre-filled registration forms.  On your delivery day, we don’t want you stressed about anything other than how quickly you can get the boat home, packed, and out on the water with your family!

 

To provide many years of worry-free boating, Riverside offers comprehensive factory backed warranties including Mercury, Yamaha, and Brunswick Product Protection.

 

Lastly, Riverside offers a diamond ceramic topcoat for a long term protective coating for unparalleled shine and reflection.

 
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A link to our secure finance application is above, but please do not hesitate to call and talk with Mike directly: 410-686-1500 x112 today.
 

Frequently Asked Questions

How long can I finance a boat?  

20 years for $45,000 or more. However, shorter loan terms are available.

How much do I need to put down?

10% is an industry standard. However, you may earn a lower interest rate with 20% down. There are select banks with 0% down programs.

What does my credit score need to be?

628. However, credit score does not guarantee approval.

How much does insurance cost?

Much less than you would think! 1% of the boat price per year is a basic guide.

Example: $50,000 boat will cost around $500 per year.

Will I need to provide pay stubs or tax returns.

Most loans below $200,000 and good credit will not require tax returns. Most loans above $200,000 will require proof of income, regardless of credit score.

Does it matter if its new or pre-owned?

We offer competitive financing for both new and pre-owned boats, with pre-owned boats generally having a slightly higher interest rate.

How old can the boat be?

15 years, but there are exceptions.

Can I get a general pre-approval?

Yes, a boat needs to be selected to offer general terms and conditions of a loan.

Do you have financing for outboards / re-powers?

Yes, we have factory direct program through Mercury Repower Finance for outboards.

Do you have financing for trailers only?

No.