FAQs

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.