Boat Finance

Australia provides a wide array of water bodies that you can explore. Whether looking to explore them personally or looking to maximise it as a business opportunity, you will need a boat. However, while this is a great choice, it might become quite challenging when you consider the cost—whether old or new, purchasing a boat comes with considerable cost reaching hundreds of thousands of dollars.

At i-Fund, we recognise the unique circumstances that you find yourself. As such, we provide viable options that allow you to make the necessary purchases without bearing the strain of a lump sum payment.

Our financial services allow us to connect you with various lenders capable of providing the necessary boat finance that you need. We have a team of experts in the finance industry. As such, we can deliver to meet your funding needs.

Our boat finance cut across the following boat type.

  • Fishing Boats
  • Deck Boats
  • Bowrider Boats
  • Houseboats
  • Trawler Boats
  • Dinghy Boats
  • Cabin Cruiser Boats

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i-Fund – delivering cost-effective financing options to your doorstep

Available Financing Options

If you are looking to complete the purchase of a boat, whether old or new, there are two financing modes that are available. These options include:

Secured Loan

We offer secured loans that allow you to purchase your preferred boats. We connect you with a lender that purchases the ships on your behalf or for you in return for interest and monthly repayment. However, in this loan option, the amount loaned is secured through the boat that you purchase.

Regardless, upon buying the boat, it remains your boat. All you merely do is grant the investor an interest in the boat to recover it if you fail to make the repayment.

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Unsecured Loan

We offer unsecured loans that allow you to purchase your preferred boats. We connect you with a lender that buys the boats on your behalf or for you in return for interest and monthly repayment. However, in this loan option, there is no security on the amount loaned beyond your promise to return. Also, interest rates are higher here.

Beyond these specific financing options include

⦁ Hire Purchase

⦁ Chattel Mortgage

Hire Purchase

Our hire purchase financing option allows you to acquire the boat that you need for hire. In turn, you commit to a monthly repayment over time. The idea is that we will enable you to break the lump sum payment into a smaller sum that you can pay over an extended period at your convenience. Then once you complete the payment, we transfer ownership of the boat to you.

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Chattel Mortgage

We offer the chattel mortgage option for your boat financing. We provide the full purchase price needed to purchase the preferred boat. In return, you buy the vehicle and grant the lender a right over the ship through a mortgage. This functions as security.

You then commit to regular repayment over a period. Then as soon as you complete the repayment, the mortgage right gets extinguished, and you own the boat outrightly.

Why Choose Us

We possess various competitive advantages that make us desirable for your boat financing needs. So, you are rest assured you are making the right choice; here is what set us apart.

Expert Team

We possess a team of experts with considerable experience when it comes to boat finance. Our team are well aware of happenings, rates, and best options within the lending industry. We bring our business acumen to the table as we provide our financing services to you.

Wide Lender List

We provide access to a wide range of lenders that can provide the necessary finance. Thanks to our team of experts, we are well aware of where to get the best deals and those who can give them.

We know your best bet for boat finance. We know how to reach them, and we also know how to get the best deal for you.

Flexible Repayment Option

Our finance options ensure that you enjoy a flexible repayment option. Our goal is to ensure that you do not experience any financial strain as you look towards repayment. You can pay back in as much as sixty months all based on your convenience.

Fast Process

From when you indicate interest in our financing option to the approval of your request to the grant of the finance, we are timely. We understand that time is money. So we ensure you get the most of your time with our easy and fast process.

In case you’re looking to get in contact with boat financing for your business or personal use, at i-Fund, we can help you. You can reach through any of our contact information below for more details.