If you are in the market for a new or used boat, we are here to help you find the right financing option that fits your needs and budget.
Boating is a popular pastime in Australia, with its beautiful beaches, rivers and lakes providing countless opportunities to explore the waterways. But with boats being a significant investment, financing your purchase can help make your dream of owning a boat a reality.
We offer a range of boat finance options to help you get on the water. Our boat loans are tailored to suit your individual needs and we work with a range of lenders to find you the best deal. Here are some of the boat finance options we offer:
- Secured Boat Loans: A secured boat loan is a popular option for those looking to finance their boat purchase. The loan is secured against the boat, which means you can often get a lower interest rate than an unsecured loan. You can choose the loan term and repayment frequency that suits you, and once the loan is repaid in full, the boat is all yours.
- Unsecured Boat Loans: An unsecured boat loan is a loan that is not secured against the boat. This type of loan is suitable for those who do not want to use their boat as collateral, or for those who are buying a second-hand boat that is not eligible for secured finance. Interest rates for unsecured loans are usually higher than secured loans.
- Chattel Mortgage: ( Commercial Boat loan ) A chattel mortgage is a loan that is specifically designed for business purposes. The lender provides funds to purchase the boat, and the borrower takes ownership of the boat from the outset. The lender takes a mortgage over the boat as security for the loan, and the borrower makes regular payments to pay off the loan.
At our company, we make the boat finance process easy and hassle-free. We offer competitive rates and flexible terms to help you get the boat you want, without breaking the bank. Our experienced team is on hand to guide you through the process and answer any questions you may have.
So, if you’re ready to get on the water and make your boat dream a reality, contact us today to discuss your boat finance options.
