Boat Loan Brokers Victoria

Looking for flexible boat finance in Victoria? You’ve come to the right place. Credit One are Victoria’s leading boat loan brokers, matching marine leisure enthusiasts with the best deals on finance for boat buyers.

We’ve been brokering deals on boat finance for decades. Partnering with over 40 different lenders across Australia (some of which are not directly accessible to the public), the team of Credit One boat brokers have garnered a reputation for providing the most flexible, solutions-oriented finance services in Victoria and Australia. If you’re looking to find the right finance on a boat with minimal fuss, look no further than Credit One.

Finance Your Next Vessel with Credit One

There are a wide range of reasons for needing a loan; the main reason for boat finance being a boat loan makes getting your hands on your dream vessel easier, and more affordable.

What’s more, working with a loan broker like Credit One means that you have the opportunity to find the best rates, repayment terms, and finance products that suit your financial circumstances, loan history, and ideal boat purchase. Whether you’re looking to hit up the Murray, or you’re keen on spending the weekend out in the open sea, Credit One are the finance brokers that can make your dream vessel a reality.

Want to learn more? We get it – you’ve probably got a few questions when it comes to securing a boat loan in Victoria. Here are our most frequently asked questions, answered:

How long does it take to get a boat loan?

How long it takes to get approval and get the finance required to purchase your new boat will really come down to your financial profile and your application.

As Victoria’s leading boat finance specialists, we are committed to delivering the most efficient service, while maintaining a high quality service. For some applications, we may be able to offer boat loan approvals within the same day.

For others, it may take a little bit longer for our brokers to compare and find the most suitable finance deal. It really comes down to your financial objectives, your financial history, and what the lenders can offer you – for a more accurate timeframe on how long it will take to get a boat loan in Victoria, get in touch with our team today.

I’m looking to purchase a second hand boat – can I still get a loan?

Absolutely. We’re problem solvers here at Credit One – whether you’re looking to buy a brand new or second hand boat in Victoria, we’re here to make sure that you get the required finance to back your purchase.

Where the big banks will often turn down finance for a sale from a private vendor, we have access to a more diverse range of lenders that are open to negotiation. As such, we broker loans of all shapes and sizes and many of our boat finance Victorian customers have been able to secure a great deal through the second hand market.

What factors are considered when comparing loans?

As we research, compare, and match customised loan solutions, our boat finance brokers Victoria team will take into a wide variety of factors, including:

Comparison rate: The comparison rates will include all fees, interest rates, and repayment rates into one comparable percentage. We’ll do all of the leg work in ensuring you’re getting the best rates for your unique set of requirements.

Interest rate: Interest rate is one of the most important criteria when considering the loans offered. Interest rates can vary depending on the current market, lenders, type of loan, and financial history.

Fixed vs. variable interest rate: Some loans allow you to vary the interest rate under certain circumstances; others won’t. With a focus on your financial background and the nature of the boat loan itself, our team will calculate the best option for you.

Loan fees: To ensure you’re not getting stuck with any extra fees and payments, our boat loan brokers in Victoria will make sure to keep you across all fees and costs involved.

Can I finance a boat for my business?

Yes – we provide boat finance in Victoria for both personal and commercial loans. Whether you’re operating water-based tours, commercial fishing trawlers, transportation, or local ferry services, Credit One can find you the perfect business loan for your marine vehicle.

As long as you can provide documentation that proves the boat is required for business, we can assist you with your commercial financing needs.

Have more questions? Ready to get started? Get in touch with the Credit One boat loans finance team today by enquiring online or calling our brokers directly on 1300 273 348.