Get out on the water in your new boat faster by requesting a boat finance quote from Jade Finance. Our quick quote service allows buyers to quickly assess their options, plan purchases, and make those important boat buying decisions. The quote is the first, and an important stage, in securing boat finance. But deciding where to source boat loan quotes can be confusing and challenging.
The lending market for recreational boat loans and commercial finance is vast. Requesting quotes from multiple lenders to compare can take time and can impact your credit score. Using our services delivers a boat loan quote with the most competitive rates, sourced from across our extensive selection of 80+ lenders and without impacting credit scores.
We provide boat finance quotes for personal boat loans and commercial vessel finance, across all boat types, sizes, makes and models. With our complete portfolio of credit facilities, we have loan options to suit all buyers and all boats.
For a boat financing quote from the right lender, at the most competitive rates, delivered direct to you quickly and efficiently, request a quote from Jade Finance.
To find out if you and your boat are eligible for marine finance, we provide a quick checklist for both personal and business loans. To clarify any issues, simply call Jade for quick answers.
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To be eligible for personal loans to buy a boat, applicants must be over 18 years of age and provide details that can be verified of their employment, income sources, residential situation, debts and assets and regular expenses. Some of the documents requested include tax returns, bank statements, ID, and similar.
To be eligible for commercial marine finance, the operator must hold an ABN and provide financial credentials on the business. Documents required include tax returns, annual accounts, BAS returns, profit and loss statements, bank statements, and similar. The vessel being acquired must be an asset for use in the business which is applying for the credit. Tax deduction eligibility is subject to meeting ATO rulings and guidelines.
Credit scores and profiles are checked by lenders for all finance applications – personal and business. Good scores and credit history attract better rates. Some lenders will have minimum credit score criteria for approval.
Approval of the loan amount requested is subject to lender approval. Lenders assess the value of the boat relative to the loan requested and the creditworthiness of the applicant. Lenders do have their own guidelines around maximum and minimum loan amounts within their portfolio.
A wide selection of recreational boats and commercial vessels can be eligible for financing. The boat type, age, model and value are considered by lenders at the quote stage and in assessing applications. A key consideration is the suitability of the boat as collateral for secured loan products.
We know the matrix used by our lenders for eligibility and approval. Your boat loan quote will be sourced from the right lender, based on your profile and your selected boat. For a no obligation discussion before requesting a quote, simply give us a call.
Our friendly brokers are keen to assist boating enthusiasts quickly and easily acquire the right finance for the boat of their choice.
Don’t know exactly what boat you will buy? No problem. We can provide conditional quotes based on your credentials and credit profile and an indication of the type of boat and estimate of the loan amount required.
Use our Boat Loan Calculator to work up estimates, compare makes and models, and start planning your boat purchase.
Our guides offer quick comparisons and simple explainers to help you rise above the financing process with confidence.
Getting quotes for finance prior to submitting an application can be an astute move. But it may also lead to confusion for some buyers. The lender market is extremely extensive with variations in the features of individual loan products, lender approval criteria, interest rates and terms.
Our services provide buyers with easy, fast access to the best quotes from across 80+ lenders. Quotes that are individually sourced from the lender suited to the buyer’s profile, on a loan product that is suited to their individual requirements and boat being purchased.
We operate with a very personal and individual approach. Assigning a broker to handle each customer’s financing requirements. Understanding their needs, their preferences, the boat they are buying, and their unique credit profile and credentials. Allowing our brokers to source and negotiate loans to work with budgets and cash flow and make boat ownership affordable for more to enjoy.
Quick quotes can be requested before submitting a complete application. This may provide guidance for buyers in selecting the make and model to buy, in budgeting for the new boat, and in preparing a timeline for the purchase.
Our boat loan quote service is quick and convenient, available Australia-wide with online and phone services. Request a quote online or by phone today.
Knowing the type of marine finance product you require can speed up the quoting process. Buyers purchasing boats for recreational and leisure boating should consider a Secured Boat Loan or Unsecured Personal Loan where the boat is not accepted collateral.
Business operators can select the commercial credit facility that suits their accounting method, tax and balance sheet strategy, and financial objectives. Our comprehensive portfolio includes Boat Lease, Rent-to-Own and Chattel Mortgage Boat Finance. We recommend that business owners refer to their accountant for advice on the most appropriate credit facility for their specific business set-up and objectives.
Insurance is required to be taken out on all boats under finance. We can assist with experts in marine insurance.
As specialists in marine financing, we have No Doc and Low Doc options for new and start-up operators.
If unsure of the right loan product for you, speak with one of our brokers for clarification.
Requesting quotes for boat loans is easy – simply click a button online, answer a few basic questions and with many lenders, that is all that is needed. A quote is delivered to your inbox. The next, more difficult step is analysing the quote to ensure it is the right option.
Many boat buyers requiring finance will focus purely on the interest rates from different lenders. The rate is important. We ensure we secure the best rates available with our vast lender market. But in addition to reviewing rates, buyers should pay attention to the loan amount, the loan term, and any special conditions in the loan product.
The loan term can be crucial to the repayments, to the cost of the loan and the overall purchase cost of the boat. A longer term can deliver lower repayments but can result in more interest payable over the entire term. A shorter loan term will mean a higher monthly commitment, but less total interest over the entire term and a lower total outlay for the boat.
We source quotes that suit the individual, with terms negotiated to deliver workable repayment schedules. Our brokers explain every detail of the quote and/or offer, to ensure our customers fully understand the specifics of the loan. Ensuring they can make an informed decision.
Buyers should also consider what is and is not included or allowed in the loan. Many boat buyers will want to purchase extras and accessories. Trailer boat buyers require a boat and a trailer. Some may need boat, trailer and motor. Using our expert services allows buyers the opportunity to have multiple items included in their loan, when purchased concurrently.
For specialist services for your boat loan, request a quote from Jade.
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THE COMPARISON RATE IS CALCULATED ON A SECURED LOAN OF $30,000 FIXED FOR A TERM OF 5 YEARS, NEW GOODS, EFFECTIVE 19/09/2024 AND SUBJECT TO CHANGE. WARNING: THE COMPARISON RATE IS TRUE ONLY FOR THE EXAMPLES GIVEN AND MAY NOT INCLUDE ALL FEES AND CHARGES. DIFFERENT TERMS, FEES OR OTHER LOAN AMOUNTS MAY RESULT IN A DIFFERENT COMPARISON RATE.
A request for a quote should not have any obligation attached.
A quote can be a conditional approval and estimate or it may be a specific quote based on a full assessment of an application. Clarify what the quote indicates with individual lenders.
Quotes for boat finance can be obtained on all boats that are eligible for financing.
Some lenders will provide quotes based on the customer’s profile and an indication of the boat and loan amount.
Quotes can be obtained by providing basic details on financials and the boat to be purchased. A complete application form with full financials and documentation is required to obtain a confirmed offer.
No. A boating licence is not an eligibility requirement for marine finance.
Finance quotes and offers are limited to a set timeframe. The timeframe will be advised by the individual lender. If not accepted and proceeded with, a quote will expire at the end of validity timeframe.
Buyers can use a boat loan calculator for loan estimates prior to requesting a quote.
Requesting quotes from multiple lenders can have a negative impact on an individual’s credit report. Using a broker to source from across many lenders does not have this effect.
