Boat Loans

Starting from 5.99% pa, 7.12% comparison rate*.


  • Boat loan terms up to 7 years
  • New and used boats
  • Dealer and private sales
  • Consumer and commercial
  • We can finance the insurance cost
  • We can payout previous boat loans

Boat loans throughout AustraliaAvailable throughout Australia

After-hours appointments welcomeAfter-hours Appointments Available

Online enquiries welcomeEnquire via phone or online chat

Boat loans low interest ratesMarket Leading Interest Rates

What is a boat loan?

A boat loan is similar to a personal loan, but it is secured by the boat in the same way a car secures a car loan.  Failure to make your repayments can result in the bank repossessing the boat.

Can you finance all types of boats?

Unfortunately not.  We cannot finance: commercial leisure vessels, sub-leased boats, yachts, commercial style assets, inflatable boats, houseboats and pontoons.

Why get a boat loan?

There are many ways to finance a boat: a personal loan, a credit card, a boat loan or a home loan top-up.   Where possible, you should use equity in your home to purchase your boat, as this option will be the cheapest.  Without property to secure your loan against, the second cheapest option is to secure the loan against the boat itself, allowing the bank to give you an interest rate much cheaper than it otherwise would.

Can you finance private sales?

Yes.  Private sales with or without an ABN are possible, although some will be subject to inspection.  Please contact us for further information about abnormal transactions.

*The interest rate is available to approved applicants financing a motor vehicle on a secured consumer fixed rate loan over 60 months. The comparison rate is  based on a 5 year secured fixed rate loan of $30,000. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Applications for finance are subject to normal credit assessment. Brokerage not included.  Conditions, fees & charges apply.