Offshore Financial offers financing up to 85% of the total selling price of the boat with terms as long as 20 years. â€¢ All loans are simple interest with no points or prepayment penalties. â€¢ Written approvals can be obtained within 24 to 48 hours. See how we can get you pre-approved before you shop. â€¢ Minimum Loan $25,000 All loans are simple interest with no points or prepayment penalties * (* a 12 month pre-payment penalty applies to ADJUSTABLE RATE programs ONLY . Call for details) .