Dreaming of a new boat, jet ski or maybe a caravan camper? Ausloans can help you secure the finance you need for your first jet ski or your upgrade to the latest luxury boat,. Every year we help 100's of Australians just like you finance their leisure dreams.
With access to over 40 lenders competing for your business and hundreds of leisure loan products we work for you, not the banks Let our professional team of finance experts compare the market and secure you the best deal to match your budget.
With our extensive panel of leisure asset lenders we have solutions for all types of customers, no matter what your credit profile. Ausloans has lenders waiting to offer you finance. Whether you are a personal consumer looking to buy a new or used boat, jet ski, motorbike, caravan, etc. or a business exploring the best chattel mortgage or low doc loan options we can help you secure the best rates and flexible lending options.
Got bad credit? We work for you, not the banks and we are here to help you overcome your lending challenges. At Ausloans we have solutions no matter what your circumstances.
Any time is a good time to get out on the water in Australia! Whether you are a fisherman who is looking for a small fishing boat, or you are looking to enjoy a cruise with friends on a motorboat, we have options to suit your needs.
Our simple, paperless application makes it easy for you to apply online. It only takes a few minutes.
Don't wait days to get an answer. With Ausloans personalised customer service, we can tell you if you qualify within minutes of accepting our call.
Our industry-leading car loan technology matches your unique profile to the best pre-qualified lender rates from 40+ lenders in minutes.
Receive best rate leisure loan offers from multiple lenders and choose the deal which best suits you.
Your online application gets checked against 1,000+ lender policies before it's shared with a lender, to protect your credit score
Our fintech software solution ZINK, help brokers to work more efficiently, speeding the application, submission and approval process for consumers.
With our advanced technology and diverse lender panel, getting you the best leisure loan deal fast has never been easier
With our automated finance software ZINK, we match you with a lender and get you the best rate for your circumstances
Get approved and start enjoying your new leisure lifestyle.
Lenders see newer leisure assets as lower risk and in turn reward you with better rates. If you're shopping around for a jet ski, or motorbike newer is better. The exception to the age rule is Caravans. Age is not as important but still matters.
Improve your chances of getting approved by protecting your credit score. Make sure you pay all of your bills and any other loan repayments you may have on time. Also try to avoid payday loans or making regular withdrawals at places where gambling is permitted. Lenders will ask to see your bank statements for the last 3 months before approving your car finance. Bill defaults and /or regular, empty bank accounts will damage your chances of success.
One of the main things lenders look at when deciding whether to approve a car loan is capacity. Capacity basically means your ability to meet the weekly repayments to service the loan. Choose a loan which is going to be affordable and within your budget. Applying for a loan amount which you cant afford usually results in a decline and only damages your credit score which in turn makes it more difficult to get approved.
A good way to check affordability is to use our car loan calculator. this can give you a good idea of what your weekly repayments would be on different loan amounts and interest rates.
While most lenders will allow you to borrow 100% of the amount required to purchase the leisure asset, having a deposit can really help you get approved. A deposit reduces the risk to the lender and also shows them that you are financially responsible, which in turn gives them confidence to give you the finance you want.
Leisure loan lenders will require you to submit documents to prove your income and ability to service the loan.
To maximise your chances of approval and speed up the loan process prepare your documents in advance. You will need a minimum of 2 payslips and bank statements from the past 3 months.
A leisure loan is when you borrow an amount of money from a financial institution to buy a leisure item and repay the debt over an agreed timeframe (term of the loan) with equal instalments. In return for the loan, you will be charged interest on the money you borrowed.
At Ausloans we have relationships with 40+ lenders with interest rates starting from as low as 4.99%. However, rates do vary based on your financial profile and credit history.
The best way to get a leisure loan is to use an asset finance aggregator like Ausloans. Using a brokered leisure finance service is much better than going direct to your bank or a specific lender. When you apply for a loan through Ausloans we search over 40 lenders to find you the best low rate finance deal for your needs and circumstances.
We are a multi-award-winning independent finance group that believes in helping people achieve their dream or goal with a holistic finance solution. Whereas a bank offers you a fixed solution with a single lender, we compare within a panel of 40+ lenders to find the best car finance rates for your specific circumstances. Once you're matched with a lender, you're assigned to a professional leisure finance broker from a team of more than 150 asset finance brokers around the country. Additionally, we can find Australiawide the right leisure item for you.
Our leisure finance interest rates can vary depending on the age of the asset you are buying, your credit file, credit score, assets and liabilities. Our rates start as low as 4.99%* for new leisure items for business and consumers.
* based on a commercial contract for a new item with specific criteria.
The entire process, from completing our application form to approval, and your chosen seller receiving funds in their bank account, can be done as quickly as only a few hours. However, consider actual turnaround times will vary significantly depending on many factors; lender turnaround times, contactability of the applicant, the strength of the applicant's profile, gathering the required documents, additional information required by the lender, etc.
Our online application takes 2 minutes to fill out, once completed our call centre calls you within the next 24 hours to pre-approve you and transfer you to an assigned broker. Once the documents are gathered and the broker submits the application to the lender, approval can take from 2 hours.
To qualify for finance you need to:
*We may be able to help if you have a visa with more than 2 years remaining.
**Min 1-month permanent employment (full or part-time) with continuation in the same industry (probation periods may be considered) - Or 6 months casual employment.
*** We may be able to help if you are employed full time and more than half of your bankruptcy period has passed.
Making an application is quick and easy. You just need to have the following documents ready to give to your broker:
Yes, you can get approved for a bad credit leisure loan. At Ausloans we believe in assessing your circumstances and finding a solution that best suits you, so if you have bad credit or you are currently on Centrelink we might be able to help you. To help bad credit leisure finance applicants or Centrelink leisure loan applicants, we created 1800Approved; an established car finance brand specialising in credit rehabilitation for mid and subprime lending for both consumer and commercial applicants. We do this with the help of our 40+ lender portfolio, so give us a call or click here for an assessment that will not damage your credit score.
Not if you are currently in bankruptcy or a Part 9 or 10 debt agreement. However, if you are discharged or more than half of your bankruptcy period has passed we can be able to assist you. Click here for an assessment that will not damage your credit score or call on 1800 2777 6899 and talk to one of our experienced brokers to find a solution.
No, you don't necessarily need a deposit to get a car loan. Each lender has specific criteria as to who will require a deposit and who will not. This is based on a number of criteria and differing policies for each lender. The advantage of getting your loan through Ausloans is that it has a panel of over 40 lenders, which opens up our customers' availability of no deposit loans. The availability of such a diverse lending panel allows more options for the customer and access to the flexibility of each lender.
A leisure loan pre-approval means you got approval from the lender for a specific amount of money. As a leisure loan can only be used for leisure financing, you must purchase a leisure to get the funds transferred to your seller.
Personal Leisure Loans - A personal leisure loan is where you borrow an amount of money from a financial institution and repay the debt over an agreed timeframe with equal instalments. In general, a personal leisure loan is a cheaper option when it comes to interest payments.
Business Leisure Loans - Buying leisure items as a sole operator or as a company to add to your fleet is where a business car loan can help. You will have fixed monthly payments over an agreed period, and take ownership of it once all payments are made at the end of the loan term. As an ABN holder, you have to be able to justify the item you are acquiring is for business purposes.
Secured Leisure Loan - A secured leisure loan use the item you are financing to secure the loan. If at any time you are unable to repay the secure loan, the lender may be able to use your security asset to recuperate the difference.
Unsecured Leisure Loan - The lender requires no security for the debt so the loan is subject to your ability to repay it. If you are thinking of buying more than one item and you would like to do it from different sellers, an unsecured loan is a good option, as the amount would be transferred to you to use at your discretion.