Using a Chattel Mortgage to buy a Boat

Using a Chattel Mortgage to buy a boat

If you intend to use your boat for business more than 50% of the time, then the Chattel Mortgage for boats is a great option to get you in the water.

The great thing about this Boat Finance product is that just like you own a house from the moment of purchase, with a Chattel Mortgage the boat is all yours from the start. 

To get started, use our helpful Loan Calculator below or get an Online Quote in minutes.

How does a Chattel Mortgage work?

Buying a boat with a Chattel Mortgage is a relatively simple process. Your lender advances the necessary funds, you buy the boat, and they take out a mortgage over the boat as security for the loan.

Once you make your final payment, your lender then removes the mortgage and the title of the boat belongs to you.

Get Your Quote Now in a matter of minutes.

Features of a Chattel Mortgage for boats

  • Loans from $1,500 to $2,000,000
  • New or used boats up to 20 years
  • Flexible loan terms ranging from 2 to 7 years
  • Secure funds within 5 business days
  • You may receive a tax deduction if using the boat for business*

* Please refer to your accountant for eligibility.

Boat Loan Calculator

The benefits of a boat loan from Stratton Finance

Anytime, Anywhere, Anyhow

We're a "real" online business. Get an online quote, electronically sign documents and receive / send funds electronically; there's no need to leave that couch!

Financial Flexibility

Our lenders have a wide range of options that give you flexibility including early termination fees, variable loan terms and the ability to add a residual.

Lifetime Support

Don't get left alone to figure out how much you owe, changing your details, or assessing your changeover options; we're here for you over the life of your loan.

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Meet our partners

We partner with industry leaders to streamline the process, ensuring we get the keys in your hands more swiftly and efficiently.

Pepper Money

RateSetter

AMMF

Liberty

Westpac

ANZ

Latitude

Redbook

Thorn Group

Bank of Queensland

Carsales

Get Capital

Carconnect

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Capital Finance

Angle Finance

Moneyplace

Metro Finance

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