Ausloans Australias premier online car broker. We make auto financing easy
Ausloans Australia's premier online caravan and camper trailer finance broker. We make caravan finance easy
Ausloans Australia's premier online caravan and camper trailer finance broker. We make caravan finance easy
Ausloans Australia's premier online caravan and camper trailer finance broker. We make caravan finance easy
Harness the power of Australia's largest independent finance aggregator. Access multiple lenders and get all the tools and support you need to grow your business.
Ausloans Australias premier online car broker. We make auto financing easy
Ausloans Australia's premier online caravan and camper trailer finance broker. We make caravan finance easy
Ausloans Australia's premier online caravan and camper trailer finance broker. We make caravan finance easy
Ausloans Australia's premier online caravan and camper trailer finance broker. We make caravan finance easy
Harness the power of Australia's largest independent finance aggregator. Access multiple lenders and get all the tools and support you need to grow your business.
Secured Boat Finance Made Easy
New and Used Boat Finance
If you are looking to finance a boat then a secured boat loan is the best choice for both personal and business marine finance. With a secured loan or boat Chattel Mortgage, the lender will use your new boat as security over the loan. Because the loan is tied to the asset, the bot, secured boat loans come with a lower rate than unsecured boat loans allowing you to save on interest and pay an overall lower total loan cost. Additionally, rates are fixed not variable making it easier to budget for your repayments, If your boat is going to be used for business more than 50% of the time we recommend looking at a secured business loan commonly called a chattel mortgage.
Need to learn more | Jet Ski Buyers' Guide →Select the total amount you want to borrow and how many years you would like to pay the loan. Next, select the exact amount if you would like to contribute with a deposit for your loan. A deposit is not required but recommended.
Interest rate: We suggest selecting an interest rate higher than the minimum rate we offer. For example, at Ausloans, boat's interest rates start at 5.99% p.a*. However, consider this is available for excellent credit profiles.
Balloon Payment: A balloon payment allows you to reduce your repayments during the boat loan term by making a one-off lump sum payment at the end of your loan.
Disclaimer: Any calculation made using this calculator is intended as a guide only. It is for illustrative purposes only, and based on the information you provide. Quoted repayments do not include lender fees and charges.
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.
Receive best rate boat 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 massive lending panel allows us to find you the best boat finance rates in the country
Our team of more than 150 asset finance brokers work with you until your boat loan is settled.
A secured boat loan is a loan in which the amount you borrow is tied to the asset - in this case, the boat. In other words, the boat is used as security against the loan so if circumstances change and you can't meet your repayments, the lender is able to sell the boat in order to recover the amount outstanding on the loan.
A secured boat loan is the best option for financing your new vehicle. Because the loan is tied to the asset lenders will generally allow you to borrow more at a lower interest rate. Lower rates mean the total cost of the loan is cheaper than an unsecured boat loan. Secured loan interest rates are usually fixed. That means you know exactly how much your weekly, fortnightly, or monthly loan repayments will be making it easier to budget for your repayments.
Secured boat finance interest rates can vary depending on the age of the boat you are buying, your credit file, credit score, assets and liabilities. Boat rates start as low as 5.99%* for new boats for business and consumers.
* based on a commercial contract for a new boat with specific criteria.
With a secured boat loan for business use, you may be entitled to claim GST tax input credits and interest and depreciation costs depending on the percentage use of your boat for business purposes.
For full up-to-date details on business boat finance and tax benefits we recommend you seek professional advice from your accountant, or alternatively, you can visit the ATO
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 of 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:
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.
Yes, you can. If you are self-employed, you can borrow 100% of your boat's purchase value and include extras such as insurance and extended warranties.
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, 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.
Yes, you can get approved for a bad credit boat loan. At Ausloans we believe in assessing your circumstances and finding a solution that best suits you, so if you have bad credit we might be able to help you. To help bad credit boat finance applicants, we created 1800Approved; an established boat 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.
At Ausloans, unlike a bank, we do not leave an impression on your file as part of our assessment so it will not show on your credit file as a “declined” if your application is unsuccessful. But be aware that more than 6 enquiries in a 12-month period may affect your application for finance.
The short answer is yes, if your repayments are 14 days overdue or more then this will most likely be recorded on your credit score.
Yes! Many of our loans give you the option to pay your loan off before the term is up. Speak to one of our financial professionals to tailor a solution for you.
A balloon payment allows you to reduce your repayments during the boat loan term by making a one-off lump sum payment at the end of your loan. For example, if you were to take a $30,000 loan over five years with a 30% balloon, your regular repayments at a comparison rate of 8.10% would drop from $609.73 per month to $467.24 per month with the addition of a $9,000 lump sum payment due with your final payment. 30% balloon payments are available for boats with a maximum of a five years loan-term. We will contact you within the last six months of your loan term to discuss your payment options. Your payment options could include refinancing the balloon amount in a new boat loan. Alternatively, you could pay this balloon payment from your own funds.
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Ausloans Finance Group is a member of the Finance Brokers Association of Australia (FBAA), Credit Ombudsman Services Limited (COSL) and the Franchise Council of Australia (FCA). Ausloans Finance Group entered the market in 2009 and has grown to 3 brands within the group to offer consumers, brokers, dealerships and other businesses a holistic approach to financing.