Boat Finance For Every Type of Boat
Whether you want a boat for sailing, cruising or to get you to your favourite fishing spot, our team at MONEY4FINANCE will have a loan product to suit your needs.
What’s more our low rates and repayments will help to make owning your dream vessel easier than you thought.
We work with a range of finance providers to get the very best finance offer to suit both your financial position and your lifestyle needs.
We can offer a range of boat finance options including leasing, hire purchase, secured and unsecured loans.
MONEY4FINANCE always work hard to get you the most competitive rate and repayment in the market.
What We Do For You
- Flexible boat finance terms from 2-7 years
- Fixed or variable interest rates available
- Deposit optional (depending on the loan selected)
- Possibility to cover out-of-pocket expenses such as insurance and warranties
- Possible tax deductions for depreciation and running costs
- A balloon repayment can be used to lower repayments
- Private and Dealer sales ok
Boat Finance Terms Explained
Unsecured Boat Loan –in this case your boat is not secured to the loan in any way. Similar to a personal loan the provider gives you the loan without the security of any asset. Ownership of the boat is in your name completely.
Secured Boat Finance –this means your boat is collateral for the lender. You are provided the loan because you have a boat as security.
Term / Length of the loan – the term of most boat loans is between 1 and 5 years. We can usually offer you a term that will suit you.
Balloon or residual payment –this is the last payment after you have been paying off your regularly scheduled payments (if you choose this type of loan). Balloons are generally used to reduce monthly repayments.
