Engine Financing
Repower Made Simple
Get StartedMercury And Sheffield Financial
Mercury is paired with Sheffield Financial, a lender built around this exact kind of purchase rather than a general bank loan.
Engines Without A Title
An engine on its own carries no title, which in most cases makes it difficult to finance as a single item. This program is written for that.
Terms Up To 84 Months
Financing is available up to $75,000 and up to 84 months, which is 7 years, so repowering your boat lands on a reasonable payment.
Why Choose Jim’s Anchorage
Financing Built For Non Titled Engines
Mercury And Sheffield Financial
Mercury is paired with Sheffield Financial, so the program comes from the engine manufacturer itself rather than from a general purpose lender.
Financing For Non Titled Engines
A boat carries a title and an engine on its own does not, which in most cases makes a single engine difficult to finance anywhere else.
Terms Up To 84 Months
Terms are available up to 84 months, which is 7 years, and a longer term is what turns a repower into a payment you can plan around.
Amounts Up To 75 Thousand Dollars
Financing is available up to $75,000, which leaves room for most repowers on Raystown Lake, including twin engine setups.
Local Personal Service
Every application is reviewed by our own sales and finance team, not a call center, so you always know who is helping you.
Eighty Years Of Trust
Eight decades serving Raystown Lake families means we are still here long after the new engine is hung on the transom.
How It Works
A Simple Path To A New Engine
Step One. Tell us what you run now and how you use your boat, and we will size the right Mercury package for your hull.
Step Two. Follow the prompts on our website to apply, or call us and we will walk you through the Sheffield Financial application.
Step Three. Choose your term. Financing is available up to $75,000 and up to 84 months, which is 7 years.
Step Four. Our technicians handle the repower, and you are back on Raystown Lake with a payment that fits your budget.
Have questions about engine financingFrequently Asked Questions
Answers To Common Repower Questions
How To Apply For Engine Financing
Follow the prompts on our website to start your application, or call us and we will walk you through the Sheffield Financial program from the first question to the last. You are welcome to apply before you settle on a specific engine, so you know your budget before you choose.
Why A Single Engine Is Hard To Finance
An outboard on its own is a non titled item, unlike a boat or a vehicle, so in most cases it is difficult to finance as a single purchase. That is the exact gap this program was built to close.
Who Sheffield Financial Is
Sheffield Financial is the lender Mercury is paired with for engine purchases. Because the program comes through the manufacturer, it is written around the engine itself rather than around the paperwork a general lender expects to see.
How Much You Can Finance
Terms are available up to $75,000, which covers most repowers we see on Raystown Lake, including twin engine setups on larger pontoons.
How Long Your Engine Loan Can Run
Terms run up to 84 months, which is 7 years. Spreading a repower across a longer term is what keeps the monthly payment reasonable instead of asking you to cover an engine in one lump sum.
Repowering Instead Of Buying A New Boat
If the hull you own still suits you, a new engine is often the shorter path to a boat that runs like new. Financing is what turns that repower into a monthly payment, and we are happy to price both options so you can compare them side by side.
Financing A Boat Rather Than An Engine
New and used boats run on separate primary marine programs, with terms up to 180 months, which is 15 years. Ask us about both and we will tell you which one fits what you are trying to do.
Ready When You Are
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