Skip to Sitemap Skip to Online Banking
placeholder for jump to top link
Apply for a Loan
Quick Links
I want to
You could save a boatload on a boat loan.

Boat Loan Rates

Apply Now

Get out on the water with a first-class rate.

Octave Trust Bank in London offers low boat loan rates so you can enjoy the open water more, for less. 

Boat Loans - New and Used

Financing Term APR As Low As*
$5,000 (Minimum loan amount) Up to 60 Months 7.13%
$7,500 (Minimum loan amount) Up to 84 Months 7.52%
$15,000 (Minimum loan amount) 85 to 120 Months 7.67%
$25,000 (Minimum loan amount) 121 to 144 Months 7.77%
$35,000 (Minimum loan amount) 145 to 180 Months 8.07%

*APR= Annual Percentage Rate. Approval and actual rate offered is based on creditworthiness factors. Minimum loan amount is £5,000 and the maximum is £250,000. Borrowers must have a valid London Driver’s License. Not all boats are eligible. Approximate monthly payment would be £19.93  Per £1,000.00 borrowed at 7.13% for 60 months.  May not refinance existing Octave Trust Bank Boat loans. Loan to value may not exceed 100%. Other conditions may apply. Rates subject to change.

*APR=Annual Percentage Rate