Personal Solution

Boat Loans & Marine Finance

Set sail with competitive marine finance. Flexible boat loans for all types of watercraft and marine equipment.

Boat Loans

Boat Loans & Marine Finance

Whether you're dreaming of weekend fishing trips, family water sports, or luxury cruising, our marine finance specialists will help you navigate the waters of boat ownership with competitive rates and flexible terms.

Types of Watercraft We Finance

Recreational Boats

  • Fishing boats and runabouts
  • Bowriders and ski boats
  • Pontoon and party boats
  • Cabin cruisers
  • Jet boats and speed boats

Sailing Vessels

  • Sailing yachts and catamarans
  • Racing sailboats
  • Cruising yachts
  • Luxury sailing vessels
  • Classic and vintage boats

Motor Yachts

  • Express cruisers
  • Flybridge motor yachts
  • Trawler yachts
  • Luxury motor yachts
  • Commercial vessels

Personal Watercraft

  • Jet skis and wave runners
  • Stand-up jet skis
  • Multi-person PWC
  • High-performance watercraft
  • Touring and recreational models

Marine Finance Options

Secured Boat Loan

  • Boat acts as security
  • Competitive interest rates
  • Terms up to 20 years
  • Higher loan amounts
  • Lower monthly payments

Chattel Mortgage

  • Ideal for business use
  • Tax depreciation benefits
  • GST input credit claims
  • Balloon payment options
  • Charter and commercial use

Personal Loan

  • Unsecured finance option
  • Flexible use of funds
  • Quick approval process
  • No marine survey required
  • Suitable for smaller amounts

Line of Credit

  • Flexible access to funds
  • Pay interest only on amount used
  • Perfect for seasonal use
  • Additional marine purchases
  • Maintenance and upgrades

New vs Used Marine Finance

New Boat Finance

  • Latest technology and features
  • Full manufacturer warranty
  • Higher loan-to-value ratios
  • Longer loan terms available
  • Known maintenance history

Used Boat Finance

  • Better value for money
  • Avoid initial depreciation
  • More vessel choices available
  • Established market values
  • Potential for upgrades

Loan Features

Competitive Rates

  • Marine-specific interest rates
  • Fixed and variable options
  • Seasonal payment structures
  • Rate review opportunities

Flexible Terms

  • Terms from 2-20 years
  • Monthly, seasonal payments
  • Early repayment options
  • Payment holiday provisions

High Loan Amounts

  • Finance up to 100% of purchase price
  • Include equipment and accessories
  • Cover survey and delivery costs
  • GST finance available

Additional Costs We Can Finance

Equipment & Accessories

  • Navigation and electronics
  • Safety equipment
  • Fishing and water sports gear
  • Comfort and convenience items

Services & Delivery

  • Marine surveys and inspections
  • Transportation and delivery
  • Registration and documentation
  • Insurance arrangements

Maintenance & Upgrades

  • Engine servicing and repairs
  • Hull maintenance and painting
  • Electronics upgrades
  • Interior refurbishment

Application Process

1. Pre-Approval

  • Establish your budget
  • Determine loan capacity
  • Shop with confidence
  • Strengthen negotiation position

2. Boat Selection

  • Choose your ideal vessel
  • New or used options
  • Private or dealer sale
  • Professional inspection

3. Marine Survey

  • Professional vessel inspection
  • Safety and condition assessment
  • Market value confirmation
  • Insurance requirements

4. Final Approval

  • Submit vessel details
  • Complete documentation
  • Arrange comprehensive insurance
  • Schedule settlement

Marine Finance Benefits

Spread the Cost

  • Preserve cash for other needs
  • Predictable monthly payments
  • Enjoy boating immediately
  • Maintain financial flexibility

Tax Benefits (Business Use)

  • Depreciation deductions
  • Interest tax deductibility
  • GST input credit claims
  • Charter income opportunities

Asset Appreciation

  • Quality boats can hold value
  • Classic boats may appreciate
  • Enjoy while building equity
  • Flexible ownership options

Application Requirements

Personal Information

  • Proof of identity and residency
  • Employment and income verification
  • Boating experience details
  • Insurance arrangements

Financial Documentation

  • Bank statements (3-6 months)
  • Tax returns and payslips
  • Credit history assessment
  • Asset and liability statements

Vessel Information

  • Make, model, year, and HIN
  • Survey and valuation reports
  • Purchase agreement details
  • Registration requirements

Marine Insurance

Comprehensive Cover

  • Hull and machinery damage
  • Third party liability
  • Personal effects coverage
  • Emergency assistance

Agreed Value

  • Pre-agreed replacement value
  • No depreciation disputes
  • Easier claims process
  • Peace of mind protection

Boating Responsibilities

Safety Requirements

  • Understand marine safety rules
  • Maintain safety equipment
  • Regular safety inspections
  • Responsible operation

Environmental Care

  • Protect marine environments
  • Proper waste disposal
  • Fuel and oil management
  • Respect protected areas

Why Choose Our Marine Finance?

Marine Expertise Specialized knowledge of boats, yachts, and marine finance.

Lender Relationships Access to marine finance specialists and competitive rates.

Comprehensive Service From pre-approval to ongoing support throughout ownership.

Flexible Structures Tailored solutions for recreational and commercial use.

Industry Network Connections with marine surveyors, insurance, and services.

Set Sail Today

Ready to make your boating dreams a reality? Our marine finance specialists are here to help you navigate the perfect solution.

Get Marine Finance Quote

Marine finance is subject to credit assessment and approval. Vessel must meet lender criteria and insurance requirements.

Ready to Get Started?

Our finance specialists are here to help you find the perfect solution for your needs.

Book a Free Consultation