Boat Finance

Boat finance that understands marine lending.

Marine is its own corner of the lending market: longer terms, different security rules, and a short list of lenders who genuinely want the business. We know which ones those are and what each of them will and won't take on.

Terms up to 10 years New and used vessels No broker fees
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What might it cost per month?
Move the slider for an instant estimate
Loan amount $35,000
$10,000 $400,000
Loan term
Estimated repayment
$620–$710
per month, over 5 years

An estimate only, not a quote or an offer of credit. Assumes a rate between 7.99% and 14.99% p.a. with no fees, deposit or balloon payment. Your actual rate depends on your circumstances, the asset and the lender.

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Boat Finance · $60,000
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30+ lenders compared · We’ll call you within 2 business hours · ACL 423002
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$10k–$500k
Typical loan size
1–10 yrs
Loan terms available
24–48 hrs
Most approvals
$0
Broker fees, always
What We Finance

From a first tinnie to a flybridge cruiser

Hull type, age and survey requirements all move the goalposts. We match the vessel to a lender's marine policy before the application goes anywhere.

Runabouts & bowriders
Family boats and first purchases
Fishing & centre console
Plate ally and offshore rigs
Cabin cruisers
Half cabin through to flybridge
Yachts & sailing
Trailer sailers to blue-water yachts
Jet skis & PWC
Often the quickest deal we write
Boat, motor & trailer
Financed as one package
Private sale
Buying from a private owner
Refinance
Or releasing equity in a vessel you own
How It Works

Three steps, and we do most of them

No forms to chase, no lender queues to sit in. You answer some questions once and we take it from there.

01
Tell us the basics

Four short steps online — what you’re buying, roughly what it costs and a little about you. About two minutes, and no credit check at this stage.

02
We match the lender

We put your profile against 30+ lenders and pick the ones whose credit policy actually fits it, so the application goes in where it has the best chance.

03
Approval and settlement

Most approvals land within 24–48 hours. We handle the paperwork with the lender, the dealer or private seller and, where one is needed, the surveyor — then you take delivery.

Why Through Us

What a broker changes

Anyone can fill in a lender’s online form. The value is in knowing which lender to approach before you do.

A short panel, worth knowing well

Far fewer lenders write marine than write cars, and their appetites differ sharply by hull type and age. Picking the wrong one first usually costs you a credit enquiry and a fortnight.

Longer terms change the maths

Marine loans commonly run to seven or ten years, which lowers the monthly figure and raises the total interest considerably. We show you both so the decision is made with the whole number in front of you.

Older hulls and survey reports

Past a certain age most lenders want a marine survey, and some simply stop. We'll tell you up front whether the vessel you're looking at will need one before you commit to a deposit.

Business and charter use

If the boat earns its keep — charter, tourism, commercial fishing — it's a different application with different security and tax treatment. Worth structuring properly at the start.

Before You Apply

What you’ll need on hand

Nothing is needed to start — this is what the lender will ask for once we’ve matched you to one.

If you're employed
  • Driver licence
  • Two recent payslips
  • Three months of bank statements
  • Vessel details, HIN and the seller's quote
If you have an ABN
  • ABN, active and registered
  • Driver licence
  • Business bank statements
  • BAS or financials for larger amounts
Missing something on this list isn’t a dead end. Low-doc options exist for most of these gaps — it changes which lender we approach, not whether the deal can be done. Send us the scenario and we’ll tell you straight.
Questions

Boat Finance, answered

How long can I finance a boat for?
Commonly up to seven years, and up to ten on larger vessels with some lenders. Longer isn't automatically better — it lowers the repayment and increases what you pay overall, so we'll model a couple of terms before you pick one.
Is the trailer included in the loan?
Usually yes. Boat, motor and trailer are typically financed together as one asset, which is simpler than splitting them and normally cheaper than putting the trailer on a separate loan.
Can I finance a boat that's 15 years old?
Sometimes. Age limits vary by lender and by hull — a well-kept plate aluminium boat is viewed differently from a 15-year-old fibreglass cruiser. Expect a marine survey to be part of the conversation on older vessels.
Do I need a marine survey?
Not for most newer trailer boats. It becomes likely on older or larger vessels, and on anything being bought privately at a price well under market. If one is needed, we'll say so before you're committed rather than after.
What about a jet ski?
Financed the same way as a small boat, usually over three to five years. They're quick, straightforward applications and the trailer normally goes on the same loan.
Do you charge a fee?
No broker fee to you. We're paid a commission by the lender that writes the loan, and that's disclosed to you in writing before you sign anything.
More Finance Options

We finance a lot more than boats

One panel of lenders covers everything from a first car to a fleet of prime movers.

Car Finance
Bike Finance
You are here Boat Finance
Caravan Finance
Equipment Finance
Truck Finance
Business Loans
Solar Finance

Find out what you can actually borrow

Four short steps, about two minutes, and no credit check at this stage. You'll hear back from a real broker — not an auto-responder.

Get My Options Call 1300 265 743

Asset Now Pty Ltd (ABN 79 701 680 499) is a credit representative of National Finance Choice Pty Ltd (ABN 95 156 544 464), Australian Credit Licence 423002. Information on this page is general only and does not take your objectives, financial situation or needs into account. It is not an offer of credit or a credit quote. All applications are subject to lender assessment, verification of supporting documents and the lender’s credit criteria.