Consumer Boat Loans & Finance Rates

Using a consumer loan to buy a boat

Fancy a new boat but can’t afford the asking price? Then a consumer loan could be the perfect option. With this kind of loan, the lender will use your new boat as security for the loan which often means more affordable repayments. This is also why it’s sometimes called a secured loan.

How it works

When you agree to a consumer loan, your lender provides you with the funds to buy your new boat, and once you purchase it, you have ownership. However, the lender will take an interest in it as security for the money you borrowed. And as soon as you make your final payment, your lender will remove their interest giving you full ownership.

Opt for repayment terms from one to seven years (12 to 84 months)
You may be able to tailor your monthly payments to suit your means by arranging a balloon payment at the end of the loan term
Fixed interest rates
You may receive a tax deduction if using the boat for business*
Get lower interest rates with a secured loan

* Please refer to your accountant for eligibility.

Estimate your boat loan repayments

Some of the Benefits of a consumer boat loan via 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.