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

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.

 
Tammy Davies
Tammy Davies
27 April 2024
Excellent service provided from start to finish, Jaime kept us informed through each step. Would highly recommend. Very easy to deal with, having financed with car dealers many times, this was a seamless process and AAA ensured they secured the best deal for us.
David Marjoribanks
David Marjoribanks
17 April 2024
Jason Barry and the team at AAA Finance were great throughout what became a complex process in arranging settlement on finance for a vehicle. Jason’s continued efforts to resolve some unexpected issues and constant follow up ensured the finance settled. Without his great work it could easily have fallen over. Even the fleet company who sold the vehicle to me were singing his praises ! Thanks Jason. Will be using Jason and AAA Finance on my next purchase for sure !
Deborah Gibson-Campbell
Deborah Gibson-Campbell
2 April 2024
Exceptional service by Jason yet again. I have been engaging Jason for many years now, whenever I have used financial services for purchases and he has always obtained a great loan package for myself.
Samantha Holder
Samantha Holder
2 April 2024
Big thanks to Jason Barry at AAA Finance! From beginning to end, Jase ensured that purchasing our 2021 Jayco Work N Play was smooth and hassle-free. Even though we initially received approval with a higher interest rate, he persevered and secured a much better rate for us. He maintained excellent communication throughout the entire process. I highly recommend Jason to anyone. Thank you Jase for your outstanding service!!
Jemma Pudwell
Jemma Pudwell
15 February 2024
We have used Jase from AAA Finance twice in the last 12 months, and he has been great to deal with. Communication was great, he was very proactive especially if anything may come up and were very quick in getting it all sorted in the best possible way to suite our situation. Highly recommend and will use Jase again in the future.
Ryan Smith
Ryan Smith
14 February 2024
Just finished my process with Ray from AAA finance. The man is unbelievably genuine and taught me so much throughout the process. This wasn't just about securing my finance and Ray showed that through immaculate service. Ray has educated me and shed light onto future projects only confirming where I'll be taking my business in the future. Absolutely phenomenal and wouldn't even consider using anyone else. Thanks again Ray!
Wayne Roby
Wayne Roby
29 January 2024
AAA were awesome at helping me out of a tight situation (and with bad credit file) ! they were friendly and quick to respond. i would highly recommend them
Ree PAPMS
Ree PAPMS
23 January 2024
Jason was professional, organised and very helpful in regards to the loan for camper van. I am very grateful to have spoken to someone who managed the process so easily, flexibly and was able to provide solutions. Thank you
Emily Dimitriou
Emily Dimitriou
10 December 2023
Jason has been absolutely wonderful to deal with and we couldnt be happier with his service. Top notch 😊
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