The Importance of Boat Loans:

Boat loans are typically very straight forward and helpful. A loan allows a boat buyer to not go out of pocket for the entire boat purchase, but rather allows the buyer to put some money down and finance the rest over time. Boat loan rates are typically a lower percentage than the average ROI of the market, so it’s wiser to keep money invested and make a small payment each month.  Our friends over at Agent Water have a very in-depth boat loan resource that I recommend you check out. And remember, in some cases the interest on a boat loan can be tax deductible!