With our loans, you're in the captain's seat
If you're receiving Centrelink payments*, we'll tailor your car loan to your budget with affordable monthly payments.
Boat Finance with Capital Finance
Whether it is a speed boat, jet ski, fishing boat or sailing yacht, Capital Finance could help with your boat finance up to a maximum of $75,000. All types of boats are considered whether new or second hand from a private seller or a dealership.
Bad credit is considered along with Centrelink payments* - Capital Finance believes everyone should be given a fair go - however as a responsible lender, how much you will be able to borrow will be determined by how much you can afford to repay over the loan term.
- Be Over 18 Years Old
- Have Take Home Income or Benefits over $480 a Week1
- Be an Australian Resident
- Get Your Income Paid into Your Bank Account
- Be Employed or Receiving Centrelink payments1
Get started by using our vehicle calculator to determine how much you could afford to borrow. Then apply by completing the short form above to register your application with us. After that, we will need your income and expense details as well as a copy of your most recent 90 days of bank statements, for us to review your application. After that, we may give you a callback where we can address any concerns you may have, and we'll let you know what happens next.
1. Subject to verification, suitability and affordability
* Capital Finance is
not affiliated with, or endorsed by, Services Australia, but does provide personal loan and vehicle
finance options which are available to recipients of benefit payments
Enjoy smooth sailing from the start with a boat loan from Capital Finance.
As trusted lenders, we'll be there to support you on the purchase of your watercraft.
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01.Submit your application
With your boat loan application, the entire process can be completed in under 10 minutes from the comfort of your home.
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02.We’ll take a look and reach out
Once we review your boat loan application, we'll reach out via phone or email with next steps.
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03.Start shopping for your boat
Either from a dealership or via a private sale — tell us what you'd like to buy, and we can provide you with a quick assessment.
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04.Set sail
Once you pick your marine craft, you can proceed to purchase. If all goes smoothly, you could be on the water in 48 hours.
1. Subject to verification, suitability and affordability
Find a boat loan to suit your needs
Empowering boat lovers with affordable financing.
We believe in total transparency. Know your repayments, interest rate, loan period, and loan amount before you set sail.
Get up to $75,000
We'll match you with the right car loan based on your affordability.
Set sail in 48 hrs
Once you're approved and signed your contracts, we can organise payment to the vendor and get you on the water sooner.
Why Choose Capital Finance?
We'll Give You a Fair Go!
At Capital Finance, we strive to give everyone a fair go at obtaining boat finance. Whether you’ve been turned away from a lender before, are on a pension or have had a low credit score in the past, we could consider your application1.
Loan Terms to Suit Your Needs
Our loan terms are flexible to suit your needs. We disclose variables such as repayment plans, interest rate, loan period, and loan amount before any contract is signed so that you can consider the loan terms yourself.
High Quality Customer Service
At Capital Finance, we focus on delivering high quality customer service. Our team is known to be friendly, attentive, knowledgeable, and helpful, and will assist you through any loan pre-approval or repayment procedures.
Quick and Easy Application Experience
The application process for a pre-approval on your loan is quick and easy. Taking an average of 5 to 10 minutes to complete online, your application will be sent to the Capital Finance team quickly for consideration.
Wide Selection of Products
At Capital Finance, we offer a wide selection of secured vehicle loans. From cars to caravans, to boats, we could help you purchase many types of vehicles1. We also have a finance calculator that you can access to get an idea of how much you can borrow.
A Proven Track Record
We have a proven track record of helping clients purchase their dream vehicles. We could provide you with finance with terms suitable to your personal circumstances1.
1. Subject to verification, suitability and affordability
Boat Finance Frequently Asked Questions
Yes, you could1. You can pay for your next boat by obtaining a secured loan from a responsible lender. Provided you meet our lending criteria1, you could get a boat loan of up to $75,000 with Capital Finance.
The overall cost of financing a boat depends on your loan amount, the type of loan (secured loans vs unsecured loans) and your lender’s interest rates. For help estimating your monthly repayments, you can use our Repayment Calculator.
Financing a boat may be a good idea if you don't have enough funds to pay a lump sum upfront or if the purchase price exceeds your current budget. Our marine finance caters to a variety of budgets and lifestyles.
A boat loan may give you the ability to purchase a boat that is more suited to your tastes, with additional safety, automotive and aesthetic features. It means you can purchase a boat right now, as opposed to further in the future, if you need to save up to do so.
You can finance a boat purchase by obtaining a loan from a responsible lender. Capital Finance gives everyone a fair go at obtaining boat and marine finance1.
Capital Finance operates under an Australian Credit Licence and provides a variety of automotive financial services.
At Capital Finance, we may consider you for a boat loan even if you have a low credit score or on a Centrelink 1. As reputable lenders, we will only provide a fair loan offer with a fixed interest rate our customer can afford.
1. Subject to verification, suitability and affordability