Used Boat Financing in Canada appears to be still in its infancy.
There's likely a number of good reasons for this but for some buyers a
boat loan is the difference between owning a boat and staying on
shore.
Although many people purchase boats, some find it easier to finance
the purchase and pay it over a number of years. Canadian Inflatables
is looking to help you find the right financing, here's a few pointers
and we'll looking for more options. If you found great financing, let
us know! We'll look into it and post it here if it's a credible
option.
Scotia Bank: Scotia Plan Marine Loan.
http://www.scotiabank.com/cda/content/0,1608,CID8042_LIDen,00.html
Other main banks and Credit Unions:
Shop for a low interest rate "personal line of credit". This allows
you to pay off the loan faster and doesn't tie to a fix regular
payments. Ideal for individuals with a good credit rating and proven
employment/income.