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With access to 40+ lenders, we’ll help you secure your funds fast. Get a quote with no upfront fees and no credit impact. Calculations assume you’re employed, over 18, have good credit, and are an Australian resident or citizen.

What would you like to finance?
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What condition is it in?
A few more details about the loan
Purpose of finance

Select business if the <car> will be used for work more than 50% of the time.

Tell us about yourself
Lastly, tell us about yourself

Collection of personal information including Credit Related Personal Information

 

The information you have or may provide during this process in connection with your application is being collected by Stratton Finance Pty Ltd (ACN 070 636 903/Australian Credit Licence no 364340) or one of its related bodies corporate or franchisees (Stratton, we, our, us). 

Your information is being collected in connection with your inquiry and with the finance and insurance products and services that may be provided by Stratton's financiers (Financiers). We may collect your first name, last name, mobile number, address, email address, date of birth, drivers licence and address as evidence of your identity, Australian residency status, relationship status, employment details, credit history and financial details like income, assets, household liabilities and assets. 

We otherwise collect, use, disclose, hold and handle your personal information and credit-related information (Credit Related Personal Information) in accordance with our Privacy & Credit Reporting Policy (available on our website at www.strattonfinance.com.au/privacy-policy) (Privacy & Credit Reporting Policy). Our Privacy Policy also contains information regarding how to opt-out of marketing communications from us, the contact details of our Compliance Officer, information about Stratton Financiers, and how you can seek access to and correct your personal information or raise a privacy concern with us. 

Why do we collect your personal information including Credit Related Personal Information? 

The Credit Related Personal Information and other personal information we collect about you is primarily used to assess your credit situation and application. We will use your information for that purpose, for the purposes to which you have consented on this form (see below), and we may also use it in the manner described in our Privacy & Credit Reporting Policy. 

Thank you

With the details you’ve supplied and assuming good credit, here is your quote estimate showing a range of interest rates and repayments.

Include a residual (balloon) of 30%? 

What happens next?

One of our expert brokers will review your information and contact you shortly.

The estimated repayments and interest rates are a guide only based on the basic information you provided (including loan amount and loan term) and assuming a good credit history. Your actual interest rate, repayments and interest payable will be confirmed when you complete a full application and we capture all details relevant to the lender's responsible lending assessment. It is not a quote or approval for credit and you should not enter into commitments based on it. It is not a suggestion or recommendation of any particular loan product or lender. The results do not take into account loan establishment or monthly administration fees which may be applicable. Applications for credit are subject to the lender’s credit assessment, loan eligibility and lending limits. Terms, conditions, fees and charges apply.


About Boat Finance

Why Choose Stratton For Boat Finance?

Award-Winning Brokers

Winners of various ProductReview and WeMoney awards through 2021-2026 across multiple categories, including cars, leisure and commercial finance.

We Have Unmatched Experience

With over ${stratton-yrs-in-business} years of experience helping more than ${total-customers-serviced} people access ${total-finance-serviced} in finance, we have the knowledge you need.

Real People Delivering Exceptional Service

With a ${product-review-rating} out of 5 customer rating, we are focused on providing outstanding service to keep you informed at every step, ensuring the best outcome for you.

Marine Finance Options

We can assist with finance for a variety of marine assets 

Don’t take our word for it!

Our reputation precedes us. See why our customers rate us so highly!


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Award-Winning Leaders in Asset Finance

Our success is driven by a strong commitment to exceptional service and customer satisfaction

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Our Lenders

We have done the hard work building relationships with lenders so you get the best rates! Some of the lenders on our curated panel include:

peppermoney
westpac
anz
boq
latitude-financial-services
metro
plenti
ammf
firstmac
now-finance
financeone
angle-finance
wisr-finance
resimac
moneyplace

Our Process: Simple and Transparent Boat Finance

From start to finish, we’re with you every step of the way, helping you get the keys, or funds,  in your hands!

How it all works

Understanding Your Needs

We don’t treat you like just another number. Our brokers take the time to understand your specific needs to find the best boat finance options from our panel of over ${total-lenders} lenders.

Apply for the Right Deal

Once you are happy with an option that fits for you, your broker will take you through the application. Approvals can occur within 24 to 48 hours.

Get the Keys or Funds in Your Hands

If approved, we guide you through the settlement process to finalise the paperwork and payment. Once everything is settled, you’re ready to pick up your new boat and sail away with confidence.

Providing Ongoing Support

Stratton Finance supports you throughout the life of your loan, ensuring you always have the assistance you need.

Questions? Book a call!

Choose a time convenient to you and we’ll call you! Just fill in your details below and we’ll do the rest!

*We endeavour to call you back within the hour during business hours, otherwise after hours  or weekends will be next business day

Frequently Asked Questions About Boat Finance

Secured boat finance is a loan that involves the lender take security of the asset against the funds you have borrowed, in this case the boat itself. This means that if you're unable to make your loan repayments, the lender is protected by having security over the asset.

 

Secured boat finance can offer advantages over an unsecured loan (Personal Loan) because, with your boat as security, the lender may be more likely to offer better terms, including longer repayment periods, higher borrowing limits and lower interest rates.

Unsecured boat finance, is better known as a personal loan, with the lender providing funds to purchase a boat of your choice without holding security over the asset.

 

One of the benefits of an unsecured boat finance is that terms are usually flexible, ranging from 1 to 7 years. It is also a great option when the boat you are looking to purchase doesn’t meet the criteria for a secured boat loan.

New boat finance typically comes with more attractive loan terms due to the lower risk for lenders, including lower interest rates and longer repayment periods. This can make new boats more affordable on a monthly basis, even if the total price is higher. 

 

On the other hand, used boat finance often has higher interest rates because of the perceived risk, but the overall loan amount tends to be smaller due to the lower price of the asset. Both options provide flexibility, allowing you to choose the financing plan that best suits your budget and needs.

A pre-approval is a preliminary assessment by a lender that determines if you qualify for a loan and how much you can borrow. It typically involves submitting an application, providing documentation such as income verification and credit history, and undergoing a credit check. 

 

A pre-approval gives you a clearer idea of your budget when shopping for a boat, as it indicates the maximum amount the lender is willing to offer you under certain conditions. It's important to note that a pre-approval is not a final boat loan commitment but rather indicates that a lender is willing to lend you a certain amount based on your financial situation, but it is not a guarantee of the final loan approval. The final commitment will depend on further verification and approval processes.

The amount of boat finance you can borrow depends on several factors, including your income, credit history, existing debts, and the value of the vehicle. Lenders assess your ability to repay by reviewing your financial situation and applying lending limits based on a percentage of the boat's value. To understand more, use our serviceability calculator to get a guide on how much you can borrow. To explore a range of rates and repayments, visit our online quote tool. Or, speak to an Australian-based broker today—request a call back or call 1300 787 288. 

With a multitude of lenders to choose from, it can be tricky to navigate and find the best option that works for you. That’s why we aim to match you with an expert finance broker who will take the time to understand what you’d like to buy, as well as your personal details, work history, income, and expenses, to create a tailored preliminary assessment for your boat finance. They will then deliver options that align with your budget and financial goals.

Residual values and balloon payments refer to a lump sum due at the end of a boat finance term. A residual value is commonly used in leases and reflects the estimated value of the boat at the end of the agreement. A balloon payment is a similar concept but applies to boat loans, allowing you to reduce monthly repayments by deferring a portion of the loan to the end of the term. Both options lower your regular payments but require a larger sum at the end, which you can either pay off, refinance, or trade in the vehicle.

We're well aware of the tried and tested tactics to get the best price on your new boat. Below is a short summary that will help you breeze through the purchasing process and beyond:

  • Choose the right type of boat for your needs 

  • Do plenty of research

  • Understand when is the best time to buy 

  • Be prepped and ready for the negotiation process (we have essential negotiating tips)

  • Ensure you have your finance pre-approved