Boat Finance

A boat loan is a simple way to get out on the water sooner without paying for it all upfront. You borrow what you need, then repay it over time with regular repayments. At Ezilend, we work with a panel of Australia’s top marine lenders to match you with the best rate and loan terms to suit your budget and lifestyle — whether you’re after a tinnie for weekend fishing or a cruiser for the open water.

Fishing boats, ski boats, jet skis, yachts, houseboats — if it floats, we can probably finance it! Marine finance is one of our specialties, and we love helping Australians get into the vessel of their dreams. Just check with us on the age and condition requirements for your specific watercraft and we’ll take it from there.

A secured boat loan uses the vessel as collateral and generally gets you a better rate — perfect if you’re buying the boat itself. An unsecured loan gives you a bit more flexibility, so you can put funds toward safety gear, accessories, or extras on top of the purchase price. Not sure which suits you? That’s what we’re here for — we’ll help you figure it out, no obligation!

Generally, yes — new and near-new boats come with warranties which makes lenders happy, and that usually means more competitive rates and easier approval. Used boats can still be financed, though older vessels may come with a few extra checks. Either way, Ezilend will shop across our lender panel to find you the best deal available for your situation.

A fixed rate gives you certainty — same repayments every month, easy to budget around. A variable rate can move with the market, which may work in your favour when rates drop. There’s no one-size-fits-all answer, and that’s exactly why having a dedicated broker in your corner makes all the difference. We’ll help you pick the option that fits your life.

Absolutely — and we highly recommend it! Pre-approval gives you a clear budget before you start shopping, so you can negotiate with confidence knowing exactly what you can spend. At Ezilend, we offer fast pre-approvals with no impact on your credit score. Get pre-approved and then go find your dream boat!

You’re in good company either way, but most Australians actually buy through private sale — around 71% — with only about 23% buying brand new. Whether you’re buying from a dealer or a private seller, Ezilend specialises in private sale finance and knows how to make the process smooth for everyone involved.

Great question! Boat ownership comes with a few extras to factor in. Think registration, comprehensive insurance (most lenders require it), ongoing maintenance, mooring or storage fees, and potentially safety equipment. Some loans may also have application or early repayment fees. We’ll make sure you go in with eyes wide open so there are no surprises.

Before you sign anything, it’s worth checking the fine print… things like whether you can make extra repayments, what balloon or residual payment options look like, and whether there are any fees for paying it off early. At Ezilend, we walk you through all of this so you understand exactly what you’re signing up for. Stress-free finance from start to settlement — that’s our promise.