Let us float your
Whether you want to fish or just float, we make it easy to get the boat you've always wanted with a boat loan that has flexible terms and competitive rates.
As a not-for-profit credit union, we offer competitive interest rates on loans.
Over the past 14 years, we’ve given our members more than $77 million in interest refunds and bonus dividends. Learn More
No Penalty for Early Repayment
We offer terms up to 84 months so you can find a loan that fits you and your budget.
No Application Fee
Fast Application and Closing Process
|TERM||MINIMUM LOAN VALUE||APR|
|UP TO 36 MONTHS||NO MINIMUM||5.49% - 14.89%|
|37 - 60 MONTHS||NO MINIMUM||6.25% - 15.65%|
|61 - 72 Months||$15,000||6.50% - 15.90%|
|73 - 84 Months||$20,000||6.50% - 15.90%|
|TERM||MINIMUM LOAN VALUE||APR|
|UP TO 36 MONTHS||NO MINIMUM||5.99% - 15.39%|
|37 - 60 MONTHS||NO MINIMUM||6.75% - 16.15%|
|61 - 72 Months||$15,000||7.00% - 16.40%|
|73 - 84 Months||$20,000||7.00% - 16.40%|
Rates effective July 3, 2019
Legal Disclosures and Additional Information
Your APR will be based on your credit score and the term of the loan. You will be informed of the APR for which you qualify before you become contractually liable for the account.
Extended terms may be available at management’s discretion and will result in an increased rate and an increased minimum amount financed.
Based on an APR of 5.99%, your monthly payment on a $10,000 loan amount and a 36-month term would be $304.89. Based on an APR of 6.75%, your monthly payment on a $10,000 loan amount and a 37-month term would be $300.93. Based on an APR of 7.00%, your monthly payment on a $15,000 loan amount and a 61-month term would be $293.76. Based on an APR of 7.00%, your monthly payment on a $20,000 loan amount and a 73-month term would be $338.15.
For New Vehicles
Financing not to exceed purchase price or payoff amount if applicable. Policies subject to change upon regulation change or Board of Directors’ approval.
Considered new if refinanced from another institution within 12 months of original purchase date.
100% of the MSRP or 110% of the invoice price if MSRP is not available. Percentage is determined by credit worthiness.
For Used Vehicles
100% of NADA retail value. Percentage is determined by credit worthiness.
- How fast can I be approved for a recreational loan? Will funds be available same day?
If you meet our credit criteria, you could be approved instantly. If your application must be reviewed by an underwriter, you should receive a decision within the same day. If you have applied online and you do not meet our criteria, you will be notified of a decision on your application within two business days. As long as all stipulations to obtain the loan are satisfied, funds are available the same day.
- Can I pay off my loan quicker than the payment schedule?
Yes. Ascend does not have an early repayment penalty for any loan we offer.
- Can being pre-approved help me when I’m vehicle shopping?
It is beneficial to get pre-approved before you go shopping. If an application requires certain stipulations such as a limited loan-to-value or a maximum loan amount, it is better to know that information prior to shopping.
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