When you apply for a marine loan yourself you are limited to only the banks and finance companies that accessible to the public. Most brokers have access to many lenders. These industry-only sources tend to be more negotiable on interest rates in some cases. Brokers are expert negotiators in bargaining down the interest rate which is the basis for a cheaper loan. As brokers, they are accredited with many lenders and this means we have more choices which can result in a cheaper loan than you can achieve yourself.