The advantages of pre-approval for boat finance.
Our Boat Loans can be pre-approved so that you know exactly what you can afford before you start shopping. Marine finance can be tricky, and some of the large banks may not offer the best terms if you contact them directly. This is where your local boat finance broker in Newcastle can help out. We know what is needed to secure a great loan with terms that suit your budget and lifestyle needs. With pre-approved boat finance, you can be assured of your loan amount. The advantage is that you can shop with confidence and drive a great deal with the boatyards. When buying a boat, knowledge is power. So make sure you are prepared with your finances pre-approved and boating questions ready when you head out shopping.
Secured and unsecured boat finance Newcastle.
Financing a boat with a personal loan can be achieved with either unsecured or secured financing. Boat loan interest rates and loan terms will vary from lender to lender. Banks and financial institutions set interest rates based on their specific lending criteria, including the loan size, your income, credit score and whether the loan is secured by the boat or unsecured. With Ezilend Newcastle, we will work with you and the lender to get the best possible rates and terms.
Boat loan repayments.
Boat loans are repaid in weekly, fortnightly, or monthly instalments to suit your budget, with loan terms commonly two to seven years. Securing the loan with the boat as the asset makes good sense and can result in better terms. Lenders typically offer better interest rates on secured boat loans over unsecured finance.
Newcastle is your best local Finance Broker
Newcastle Ezilend is the best local broker for fast application and approval. We manage car loans, caravan loans and bike loans. We will go the extra mile to help you secure a boat loan that suits your budget and your lifestyle. If you are ready to get started with a new boat, choose Ezilend Newcastle to find you the best possible loan.