Boat Financing Loan for business

A Boat Financing Loan is also know as a Chattel Mortgage.  It is used by businesses wanting to purchase a new or used boat for commercial use.  Businesses from sole traders, partnerships and trusts to large corporations can use a Chattel Mortgage to secure a loan against a boat.  The business owns the boat from the start of the agreement.

To qualify for a chattel mortgage you must:

  1. Be an ABN holder.
  2. The boat or motor vessel must be used for a minimum of 50% business use.

Advantages of a Boat Financing Loan

  • Up to 100% finance, no deposit loan for approved customers.
  • GST registered customers can claim the GST portion of the purchase price.
  • Access to possible tax benefits where the boat is used to generate income (check with your accountant).
  • No GST is charged on the monthly mortgage repayments.
  • Low establishment fees and monthly fees with no pay out penalties.
  • Terms from 1 to 7 years.
  • Fixed interest rate.
  • Fixed monthly repayment schedule.
  • Boat loans from $5000.
  • Balloon payments are available.

Apply for Boat Financing Loan

Call one of our AAA Marine Finance Specialists today to get your business on the water tomorrow!

Call (07) 5493 1222 or make a Quick Loan Enquiry Now.  One of our friendly team members will be in contact with you shortly.


Insurance is a must.  It protects both your boating asset and your boat financing loan.  Comprehensive Boat Insurance is a mandatory requirement by all of our lenders.  We offer very competitive comprehensive boat insurance.   Call today for a quote.  Gap Insurance and Loan Protection Insurance are both products that protect your loan and your credit rating.
Boat Financing Loans for business use

Useful link |  National Standards for Commercial Vessels

The Australia Maritime Safety Authority has become the single national regulator from 1st July 2013.  The AMSA will be reviewing the National Standards for Commercial Vessels.  This link can help you keep up to date.

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