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Asset Finance

Boat & Marine Finance on the Water Faster

From runabouts and ski boats to cruisers and jet skis, we help you arrange finance for a wide range of marine craft through a panel of lenders experienced in leisure asset finance.

What we can help with

  • Powerboats, ski boats and runabouts
  • Fishing boats and tinnies
  • Cruisers and cabin boats
  • Jet skis and personal watercraft
  • New and used vessels
  • Dealer and private sale purchases

What We Finance

Marine Craft We Can Help Finance

We work with lenders who understand leisure and marine assets. Different lenders have different preferences around vessel type, age and value, which is where our knowledge of the panel adds value.

Powerboats & Ski Boats

Bowriders, ski boats, wake boats and general-purpose powerboats for recreational use. New and used options available through the panel.

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Fishing Boats & Tinnies

Aluminium tinnies, fibreglass fishing boats and bay boats. One of the most common marine finance requests, with good lender support across the panel.

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Cruisers & Cabin Boats

Larger vessels for extended time on the water. Lender appetite for higher-value marine assets varies, and having a broker helps identify who will assess your application favourably.

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Jet Skis & Personal Watercraft

Stand-up and sit-down personal watercraft. Finance options are available for new and near-new jet skis from dealers and, in some cases, private sellers.

Who It Suits

Who We Help With Boat Finance

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Weekend and Recreational Boaters

Whether it is your first boat or an upgrade to something bigger, we help recreational buyers find finance that fits their budget without the runaround of going to a bank directly.

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Fishing Enthusiasts

Serious anglers looking to finance a dedicated fishing setup, including boat, motor and trailer. We can often arrange finance that covers the full package where lenders allow.

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Lifestyle and Cruising Buyers

Buyers looking for a cruiser or cabin boat for extended time on the water. We work with lenders suited to higher-value marine purchases where standard lenders may not assist.

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Business Buyers

Some businesses use marine craft for commercial purposes. Depending on how the vessel is used, different finance structures may be available. We can assess what applies to your situation.

Finance Structures

How Boat Finance Can Be Structured

Secured Personal Loan

The vessel acts as security for the loan. A common structure for private buyers purchasing recreational marine craft. Regular repayments are made over an agreed term, typically between one and seven years.

Consumer Asset Finance

A finance product designed for the purchase of a physical asset. Terms and ownership arrangements vary by product and lender. Suited to personal purchases of boats and marine equipment.

Chattel Mortgage (Business Use)

Where a vessel is purchased for genuine business use, a chattel mortgage may be available. Ownership transfers to the buyer at settlement. Subject to lender approval and confirmation of business-use purpose. We recommend discussing business-use eligibility with your accountant.

Illustrative Example

To give you a general sense of how boat finance can be structured, here is a simplified example. Actual repayments will vary based on the loan amount, term, lender, fees and your individual circumstances.

This example is illustrative only and does not represent a quote or guaranteed outcome. Fees, charges and credit criteria apply. Speak with us for guidance relevant to your situation.

$35,000Boat and trailer purchase price
5-year termLoan term (example)
Regular repaymentsWeekly, fortnightly or monthly

How It Works

Three Simple Steps

1

Tell Us About the Vessel

Share details about the boat or marine craft you are looking at, including whether it is from a dealer or private seller. We will also ask a few questions about your financial situation to get started.

2

We Find the Right Lender

We assess options across our panel and identify lenders with appetite for your vessel type and buyer profile. We present your options clearly before you commit to anything.

3

Settle and Set Sail

Once approved, we work to get funds settled quickly so you can finalise the purchase and get out on the water.

Common Questions

Boat Finance FAQs

Can I finance a used boat?
Yes. Many lenders on our panel finance both new and used boats and marine craft. The age, condition and type of vessel can influence which lenders are willing to assist and on what terms.
Can I finance a boat trailer as part of the purchase?
In many cases yes. Some lenders will include a trailer in the same finance arrangement as the boat, particularly where they are sold together. We can confirm what applies based on your specific purchase.
What finance structures are available for boat purchases?
Secured personal loans and consumer asset finance are the most common structures for private buyers. Business purchasers may access different structures depending on how the vessel is used. We can explain what suits your situation.
Do I need comprehensive insurance to get boat finance?
Most lenders require the financed vessel to be comprehensively insured as a condition of the loan. This is something to factor in when budgeting for your purchase.
Can I finance a private sale boat purchase?
Yes. Some lenders support private sale purchases for marine craft. We can identify which lenders on our panel accommodate this and guide you through what documentation is typically required.
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Boat Finance Near You

Ready to Finance Your Next Boat?

Get a quick quote online or call us to talk through your options. We make the process straightforward from application through to settlement.

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