MFAA Member · ACL 389328 · Marine Finance

Boat Loan — Boat loans, Australia-wide.

Tinnies, half-cabins, cruisers, jet-skis. Personal or business. Marine finance specialists on panel. We know which lenders want which size + type of boat.

Boat types

5-10yr

Term typical

Marine specialists

$10k-$500k

Typical loan size

Broker fee

Boat types we finance

From tinnies to cruisers.

Tinnies + dinghies

Under $50k typical

Aluminium fishing boats, dinghies, small runabouts. Faster approval, simpler structure, shorter terms.

Lower loan size
Approval often within 24 hours
5yr terms typical

Suited to: Weekend fishing + recreational use

Half-cabin + bowriders

$50k-$150k typical

Family runabouts, ski boats, half-cabin fishing. Higher value, longer terms, marine specialist appetite.

Marine specialist lenders
5-10yr terms
Trailer included typically

Suited to: Family ski + fishing + day cruising

Cruisers

$150k+

Larger powered cruisers, flybridge boats. Higher loan size, specialist marine-finance appetite, often longer-term lending.

Specialist marine panel
Up to 10yr terms
Survey may be required

Suited to: Liveaboard + serious cruisers

Jet-skis + PWC

Personal watercraft

Jet-skis, wave runners, personal watercraft. Lower loan size, faster approval, often standard recreation-loan structures.

Lower loan size
Approval often within 24 hours
Standard car-loan-style terms

Suited to: Recreation + family-fun watercraft

Marine specialist panel.

Boats depreciate differently to cars. Marine specialist lenders understand the asset class, the survey requirements, and the LVR appetite — not every car-loan lender wants marine files.

Survey-aware structuring.

Larger boats often require an independent marine survey for the lender's risk team. We coordinate the survey + factor cost into the deal upfront.

Personal or business.

Personal recreation boat (standard loan). Business-use boat — charter, hire, tourism — chattel mortgage with tax benefits.

From first call to settlement

Easier than you'd think.

Send boat details

Make, model, year, price, dealer or private, personal or ABN. Survey done? Trailer included?

We compare marine specialists

Rate, term, LVR, survey requirements.

Submit + approve

Most approvals 24-72h. Cruisers may take longer if survey required.

Settle + sail

Funds to dealer or private seller via PPSR-cleared settlement.

Frequently asked questions.

Do I need a survey for a boat loan?

Depends on size + value. Tinnies + smaller runabouts typically don't need a survey. Larger powered boats ($100k+) often require an independent marine survey for the lender's risk team. We factor the survey cost (~$400-1500) into the deal upfront.

Can I finance a private-sale boat?

Yes — most marine lenders accept private sales. PPSR check required + the lender may require an independent survey for higher-value purchases.

What's the maximum loan term on a boat?

Most marine lenders offer 5-10 year terms. Some extend to 15 years on new high-value cruisers. Used boats are typically capped at 5-7 years.

Will my boat loan rate be higher than a car loan?

Typically yes — 1-2% premium above equivalent car-loan rates because marine assets depreciate faster and the market is less liquid (harder to resell quickly).

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08 8121 3076

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