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Boat Motor Finance
Need a new outboard or replacing an old engine? Credit One can help you finance a boat motor with flexible repayments and fast approval, so you can get back on the water sooner.
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Easy on Your Budget, Big on Performance
Easy on Your Budget, Big on Performance
Upgrading your engine doesn’t have to mean draining your savings. Whether you’re upgrading your current boat or buying a motor for a new hull, we can help you finance the engine you want with a loan that fits your budget. We work with a wide panel of lenders to find the best rate and structure for your needs, so you can spread out the cost over time and enjoy smooth, reliable performance without delay.
Expert Guidance for Boat Motor Finance
We’ve helped thousands of Australians finance everything from full boats to standalone outboards, and we understand what matters when it comes to marine engines. Whether you're buying new or used, from a dealer or a private seller, we’ll guide you through the process and handle the paperwork on your behalf. Our team knows the marine space inside and out, and we’ll make sure your loan is the right fit for the way you boat.
Our Quick and Simple Application Process
01
You’ve Found Your Dream boat
02
One minute
We’ll recommend a loan based on your finances and the boat you want.
03
5 minutes
We’ll submit your application and negotiate all the terms for you.
04
1-2 hours
Once the loan is approved, all you have to do is sign and begin making your payments.
Your adventures begin!
Once the lender has paid the seller, you’ll sail away in your boat.
Loans for Outboards, Inboards, and Full Repowers
Loans for Outboards, Inboards, and Full Repowers
From small runabout outboards to high-horsepower commercial setups, we can help you finance motors of all sizes. Our loans can cover the engine alone or be bundled with accessories, installation, controls, or even a new trailer. We offer both secured and unsecured loan options, and we’ll explain everything clearly so you can choose with confidence. Whether you're buying Yamaha, Mercury, Suzuki, Honda, or another brand, we’ll help you power up without the pressure.
Why Choose Credit One for Boat Motor Finance
Easy Applications with Fast Approvals
Need boat finance fast? Credit One makes it simple with a quick 60-second quote and same-day approvals. Our online application is obligation-free and hassle-free, getting you on the water sooner.
Flexible Boat Finance Options
Finding the right boat loan is easy with Credit One. Our finance specialists assess your needs and compare options from a wide range of lenders to secure a solution tailored to your business or personal circumstances.
Competitive Rates with Low Fees
We offer finance packages with low establishment fees, no ongoing charges, and competitive interest rates. Whether you're financing a single boat or an entire fleet, we can structure a loan that suits your cash flow and budget.
Recognised for Outstanding Service
As an award-winning finance broker, we provide independent advice to help you secure the best loan for your needs. That’s why Credit One has been recognised as ‘Broker of the Year’ for three consecutive years.
Specialists in Boat Finance
Our dedicated boat finance consultants are available seven days a week to assist with your application. Call us today on 1300 087 087 or request a callback to explore your finance options.
Access to Leading Lenders
With connections to over 40 trusted Australian lenders, including major banks and specialist finance providers, we can connect you with lenders not available directly to the public.
FAQs on Boat Motor Finance
Can I finance an outboard motor on its own?
Yes, you can. We help customers every day who are upgrading or replacing just the outboard motor. Whether it’s a portable two-stroke for a tinny or a high-horsepower engine for offshore use, we can arrange finance to suit your needs. You don’t need to be buying a full boat to apply.
How does interest rate impact my monthly repayments?
Your interest rate plays a big role in how much you’ll repay over the life of your loan. A lower rate means lower monthly repayments and less interest paid overall. We compare competitive finance rates across more than 40 lenders to make sure you get a deal that matches your credit history and financial situation.
What if I already have an existing boat loan?
That’s no problem. If you’re financing a new boat engine and already have a loan for your boat, we’ll assess your overall borrowing capacity and help you structure your repayments in a way that works for you. We may even be able to consolidate the two if that makes sense for your goals.
Can I speak to someone who specialises in marine finance?
Absolutely. Our marine finance specialists understand the ins and outs of the industry, from outboard motor upgrades to full repowers. They’ll guide you through the process, help you understand lender requirements, and recommend the right finance option for your setup.
What kind of boat motors can I finance?
We can help you finance outboard motors, inboards, electric motors, and entire engine packages from all major engine brands. That includes Yamaha, Mercury, Suzuki, Honda, and more. Whether it's a brand-new model or a quality second-hand motor, we’ll find a loan that fits.
What are the eligibility criteria for a boat engine loan?
Lending criteria vary depending on the lender, the engine’s value, and whether the loan is secured or unsecured. Some lenders prefer new motors from recognised engine brands, while others are happy to finance second-hand options. We’ll match you with a lender whose policies align with your purchase.
Do lenders have strict lending criteria for boat motors?
Yes, many lenders do allow early repayments, although fees may apply depending on the loan structure. If early payout is a priority for your business, we’ll help you compare options from other lenders to find a solution that gives you the flexibility you need. Our team will walk you through the terms and any conditions upfront, so there are no surprises.
Can I get pre approval before I’ve chosen a motor?
Yes, and we highly recommend it. Pre approval gives you a clear idea of how much you can borrow and puts you in a strong position to negotiate with sellers or dealers. It also speeds up the final loan process once you’re ready to buy.
What information do I need to apply?
You’ll need to share some basic personal details, proof of income, and information about the boat engine you’re purchasing. If you haven’t settled on a specific model yet, we can still help with pre approval based on your budget.
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