Boat Loan Refinancing

Boat Loan refinancing may be available to those who fall into the following categories

• You feel you've paid too much for your finance? Boat Loan refinancing may be available for those who feel they are currently paying to much on their boat loan and wish to pay out the current financier and establish a new loan.
• Boat Loan refinancing may be available if you wish to repower or refit a boat. Typically the boat should be unencumbered

Many banks or financiers don't provide Boat Finance so just because you have been refused elsewhere doesn't mean you are not eligible to refinance your boat.

Boat Loan Refinancing For Your Business

At Platinum Direct Finance we can assist with refinancing your boat if you require funds or perhaps to pay out another debt or consolidate some existing loans. The boat doesn't have to be a business used vessel and it doesn't matter how long you have owned the vessel.

Unsecured Boat Loans are consumer based loans where the loan is for personal use. These are unsecured boat loans, so this boat loan option is generally recommended if the buyer doesn't wish to offer the boat as security, otherwise a Secured Boat Loan may be a better option. These facilities still fall under the consumer credit code legislation(UCCC) and all consumer credit conditions apply to this boat financing option.

Who Does A Unsecured Boat Loan Suit?

An unsecured Boat Loan is designed for those who wish to finance a boat for private use. The finance lender can fund the full or part purchase price of the boat. This finance option also allows the borrower to finance their boat dealer costs as well as any government charges.

Unsecured Boat Loan Features

• Low establishment fees
• Ability to sell the boat
• Flexible contract terms from 1 to 5 years
• Fixed monthly repayments for the term of the agreement
• Fixed interest rate for the life of the loan
• Deposit or a trade-in may be used
• You can obtain pre approval before you go shopping

Boat Loan Options

Deciding on the right Boat Loan option for your situation can sometimes be confusing, Commercial Hire Purchase, Chattel Mortgage, Boat Lease are just a few of the Boat Financing options. Platinum Direct Finance can assist you with your decision making and make the process simple and easy.

Why Use Platinum Direct Finance?

The Platinum Direct Finance group of companies will finance over 800 million dollars worth of equipment and car finance this year! Due to this volume and buying power, we can give our clients access to the best boat finance rates and boat financing products across Australia.

How Do I Get Started?

Either complete our friendly enquiry form or call a specialist finance consultant on 1300 554 553.