Florida Boat, Motorcycle and RV Loans

We promise to guide you every step of the way to help you get the loan you need while working to save you more money.
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Or you can call us at (888) 261-8328.

Don't Lose Money at the Dealership

Follow these four simple steps and find peace of mind when shopping for a new or used boat, motorcycle or RV.


Find the best boat, motorcycle or RV loan rate for you.


Quickly run the numbers and calculate your monthly  payment.


Save thousands of dollars and get pre-approved for your loan.


Shop with confidence for your new or used boat, motorcycle or RV. 

“The interesting thing is that I never knew that anyone could be a member of a credit union – I used to think that I had to belong to a union. Fortunately I was introduced to Tropical Financial Credit Union and found out I could belong – I was delighted!  They make the loan process so easy and made me feel so special.”

Member since 2009

Step 1: Compare boat, motorcycle or RV

Rates effective November 14, 2022  

New Boats

Rates as low as


Minimum loan amount required. Other conditions may apply.

New Motorcycles

Rates as low as


Purchase transactions only. Other conditions may apply. 

New RVs

Rates as low as


Minimum loan amount required. Other conditions may apply.

Used Boats

Rates as low as


Minimum loan amount required. Other conditions may apply.

Used Motorcycles

Rates as low as


Purchase transactions only. Other conditions may apply. 

Used RVs

Rates as low as


Minimum loan amount required. Other conditions may apply.


Step 2: Calculate your monthly payment

Pick the starting rate above depending on if you are buying new or used and then calculate your monthly payment. Remember, the rate you qualify for may differ depending on a variety of factors including the term you select and your credit score.

Step 3: Get pre-approved and save thousands of dollars

Protect yourself from sneaky dealership financing tricks that can cost you thousands of dollars. Because when you take just ten minutes to get pre-approved, you will shop with confidence knowing you are getting the best deal for your boat, motorcycle or RV loan.


Get answers to common car, boat, motorcycle or RV questions

How long does approval take on a boat, motorcycle or RV loan application?

It takes less than ten minutes to apply for a boat, motorcycle or RV loan. In most cases, you will receive an answer within 24 hours regarding the status of your loan. It can sometimes take a bit longer depending on your credit profile.

Click here to check the status of your loan application.

Can I apply for a boat, motorcycle, or RV loan if I haven't found the one I want yet?

Yes. In fact, we recommend you get pre-approved for your boat, motorcycle or RV loan. Getting pre-approved helps you shop with confidence knowing you are getting the best deal for your loan and protects you from sneaky dealership financing tricks that can cost you thousands of dollars. 

Click here to get pre-approved for your boat, motorcycle or RV loan in less than 10-minutes.

Do you offer Guaranteed Asset Protection (GAP)?

Yes. Guaranteed Asset Protection (GAP) pays the difference between what you owe on your vehicle and what your insurance company establishes as cash or market value up to the maximum LTV%.

 Currently, Guaranteed Asset protection is offered to TFCU members for as low as $610. Dealers may charge up to $800.  

Auto Deductible Reimbursement (ADR) is also included with the purchase of GAP insurance!

If you suffer a loss during the benefit period which is covered by your Auto Insurance Policy, you may be entitled to reimbursement of the Auto Insurance Policy deductible amount up to $500 per Loss.

The ADR coverage applies not only to the vehicle that the GAP policy was purchased on, but also any other automobile that is titled and insured by the member who purchased the GAP policy

  • Pays up to $500 per loss (UNLIMITED losses per year) when a Loss is filed and paid by the auto insurance company for a Covered Auto the Member owns or leases evidenced by the title, registration or loan document, AND insured under an Auto Insurance Policy designating the Member as the Named Insured.
  • Loss means an event for which the auto insurance company has approved and paid a collision or comprehensive claim which exceeds the Auto Insurance Policy deductible for the Covered Auto
  • Coverage is effective upon date of enrollment and will continue for 3 year(s) depending on the benefit period provided.

This summary is a brief overview of the program and is not to be considered a full disclosure of policy terms. Please refer to the Terms and Conditions for complete forms, conditions, limitations, definitions, and exclusions.

Easy to Purchase
GAP can be included in the amount financed with the loan. Coverage takes effect immediately upon loan dispersal.

60-day Free Look
You may examine your GAP policy for 60 days. If you are not satisfied you may cancel GAP by returning the waiver within the first 60 days of coverage for a full refund of any premiums or amount you have paid.

Do you offer Mechanical Breakdown Protection?

Mechanical Breakdown Protection offered for Auto and Motorcycle.

Your vehicle is a major investment. That is why purchasing mechanical breakdown protection (MBP) is a wise choice. MBP can help ensure that the investment in your vehicle is protected, and reduces the possibility of out-of-pocket expenses when your vehicle suffers an unexpected mechanical failure. Most important of all, Mechanical Breakdown Protection provides Peace of Mind so you can experience Worry-Free Driving!

Money Back Guarantee!
You may cancel anytime during the first 60 days, contingent on a claim not being filed, and get a 100% refund.

Features and Benefits

  • Nationwide Protection
  • 24-Hour Roadside Assistance for the term of your coverage
  • Rental Vehicle Assistance
  • Transferable Coverage if you sell your vehicle before your agreement expires
  • Learn More about MBP Features & Benefits

The Cost of Repairs

Did you know that one in three vehicles experience a mechanical failure in a given year?
The typical extended warranty owner will make several claims during the life of their contract. Should your
vehicle experience a failure after the manufacturer's warranty expires, without an extended warranty you will have no protection from the unexpected repair costs that can be in the thousands of dollars!

Vehicles today are growing extremely complex and contain high-tech sensors, electronics and computers that suffer unexpected failure and need to be replaced. While engines and transmissions are more reliable than ever, it's these other sophisticated parts that frequently fail. As vehicles become increasingly more complex, associated repair costs rise dramatically!


Do you offer payment protection plans for boat, motorcycle or RV loans?

Yes. Payment Protection is available for auto loans. There are two types of Payment Protection:

  1. Credit Life Insurance pays off or reduces a borrower's loan balance if the borrower dies. Joint Credit Life Insurance protects both a borrower and co-borrower if both are named on the loan application and are jointly and individually liable under the loan.

  2. Credit Disability Insurance is designed to make loan payments (up to the contract limit) if the insured becomes disabled and unable to work. Joint credit disability coverage is only available in certain states.

Payment Protection Features Include:

  • Maximum loan terms and loan balance (for credit life) and contract limit (for credit disability) vary by financial institution and may vary by state. Check your Payment Protection plan parameters for specific details on your plan.
  • A medical exam is usually not required although general health questions may be asked.
  • Single and joint coverage is available in all states for credit life insurance. Single coverage is also available in all states for credit disability insurance. Check your Payment Protection plan parameters for the availability of joint credit disability coverage in your state.
  • Premiums are regulated by each state and generally result in reasonable monthly premiums.
  • Application is usually done at time of loan application and the monthly premium is typically included in the monthly loan payment for added convenience.
  • Refer to your financial institution's Payment Protection application/certificate or Product Reference Card for details regarding eligibility requirements.

Payment Protection Benefits Include:

  • Protects financial security and credit rating: Credit disability insurance protects a borrower's credit rating by ensuring the loan will not end up in default in the event of disability.
  • Reduced financial burden: Protects borrowers and their families from financial hardships as a result of loss of income caused by death, illness or injury.
  • Protects borrower assets: Allows borrowers and families to retain their assets, including the collateral and savings, when an income is interrupted during unfortunate circumstances.
  • Convenient: A short application makes it is easy to apply at time of loan application or loan closing. The monthly premium is included in the loan payment.
  • No Obligation for 30 Days: If the borrower decides the plan is not what they need, they can cancel it within 30 days without obligation. Rarely does this occur, but borrowers appreciate knowing that they have this option.
Have a question but don't want to wait on hold?


*APR = Annual Percentage Rate.

Eligibility for the lowest advertised rate is based on creditworthiness, year of vehicle, ability to repay, credit score, down payment, terms and loan to value. Other rates and terms may apply and your rate may differ based on the loan program, term of repayment and other factors. TFCU membership required with $5.00 minimum in savings. Member must reside in a state within TFCU lending area. Other conditions may apply. Rates and Offers are subject to change without notice. Current TFCU accounts must be in good-standing, not have any type of restrictions, and TFCU loans paid-to-date.

  • ** up to 84 month rate and term available for new motorcycle.  Minimum loan amounts and model year restrictions apply.
  • ** up to 72 month rate and term available for used motorcycle.  Minimum loan amounts and model year restrictions apply.
  • ** up to 180 month rate and term available for new and used RVs.  Minimum loan amounts and model year restrictions apply.
  • **up to 240 month rate and term available for new boats.  Minimum loan amounts and model year restrictions apply.
  • **up to 180 month rate and term available for used boats.  Minimum loan amounts and model year restrictions apply.

New Boats equals Current Year and Previous Two Years. Used Boats equals 10 years old or newer.  New Motorcycle equals Current Year and Previous Year. Used Motorcycle equals 8 years old or newer. New RVs equal Current Year and Previous Two Years. Used RVs equal 8 years old or newer.  RVs older than 9 years old considered on a case by case basis.

 No financing for Boats and RVs classified or used as a dwelling. . No financing for off-road dirt bikes.. Other collateral restrictions may apply.

Loan Example: $15,000 loan at 5.59% APR with 72 monthly payments of approximately $245.74

*90-day payment deferral subject to credit qualification. Interest will continue to accrue during the 90-day deferral period on the full amount borrowed beginning on the loan issue date. The accumulation of interest, with no payments being made to reduce the principal, will be added to the total repayment amount. If you have purchased disability, and/or life insurance any charges will continue to accrue for any deferred month, and the final loan payment will include such charges.  If you have purchased GAP insurance, please note that deferred payments may be excluded in the GAP coverage. Any deferred payments could be deducted from a GAP claim settlement, and you will be responsible for the remaining deficiency balance that may result. Other restrictions may apply. This offer may be removed at any time without notice.  Offer cannot be combined with any other offer.

How to get a Recreational Loan in Florida

What does a credit union recreational loan cover?

If you’re interested in a day of boating in Miami, looking to learn how to ride a Harley-Davidson or camping in Florida’s Everglades  applying for a recreational loan is for you. Our recreational auto loan can be used for boats, motorcycles and RV’s all with low rates and competitive terms.

How do I get a boat loan in Florida?

Applying for Florida boat loans can be out of the ordinary for some people, so where do you start? We recommend comparing between our boat loan interest rates, as they vary between new and used. Along with comparing rates, also check out our online calculators to gauge what your monthly payment would be.

When you’re ready to apply, either fill out an online application or call us. Buying a boat is an expensive investment, which is why it’s important to know as much information as possible before you start shopping.  

What should I know before I get a motorcycle loan?

There’s no better place to enjoy a motorcycle ride than in sunny Florida. Before you apply for your motorcycle loan know the necessary information applying requires (credit score, down payment, etc.). Motorcycles are not cheap, which is why you want to make sure you are in the right financial position, so you can get approved. Rates that low can end up saving you thousands in the long run compared to other lenders.  

What is the place to get an RV loan?  

We get this question a lot. RV’s can be very expensive, so of course you’re going to want to get the best deal as possible. Credit unions offer more competitive RV loan rates and terms compared to our competitors. Whether you’re looking to buy new or used, you could potentially save a lot of money just by going with a credit union versus another lender. This means more camping trips!

Special Licensing

All recreational vehicles require a special license. It’s recommended to visit Florida’s DMV, to obtain the requirements of getting your recreational vehicle license before applying for your loan. This will allow you to purchase as soon as you’re approved and you’ll be able to enjoy your purchase sooner.