Boat Personal Loans

Sail the seas with no fees.

Get on the water sooner with a personalised, no-fees loan.

From 6.75 % pa Interest rate
From 6.75 % pa Comparison rate*

Outboard or inboard? Snapper or spinnaker?

The thing that floats your boat is different to everyone else. So your NOW Finance personal loan is tailored to suit you.

Borrow up to $50,000 (unsecured) or up to $100,000 (secured).

No fees

Forget about fees. Our personal loans are fee-free, forever. No ifs or buts about it.

Uniquely yours

Like a custom-tailored suit, your rate is made just for you. Get your personalised quote in less than 2 minutes.

VIP service

You’ll have a dedicated personal loan consultant to steer you through the entire process.


The Details

If you’re eligible and approved, you’ll have that money in your hands in as little as 24 hours.

You can choose a fixed term from 18 months to 7 years. But if you’d prefer something flexible, you can do that too.

ProductNOW Personal Loan
Interest RateFrom 6.75% p.a. (Unsecured)
From 6.75% p.a. (Secured)
Comparison RateFrom 6.75% p.a.* (Unsecured)
From 6.75% p.a.* (Secured)
Loan Amount$5,000 – $50,000 (Unsecured)
$15,000 – $100,000 (Secured)
Loan Term18 months – 7 years
Loan Fees$0 – No Fees
Upfront Fees$0
Early Exit Fees$0
Missed Payment Fees$0
Ongoing Fees$0

1. Get your rate

It takes 2 minutes to get your personalised quote without impacting your credit score.

2. Apply online

Complete your online application and get a response in 2 minutes.

3. Money in your account

Access your funds within 24-48 hours of being approved.


The people’s choice

With more than 1,700 5-star reviews, you won’t be the only one loving your loan.

Really quick turn around, better interest rate than my previous bank, a very uncomplicated process with a team that looked after me every step of the way.


Darren loves NOW Finance

Personalised rates and personal service. Darren shares his experience with NOW Finance.

Get your personalised quote today


Boat Personal Loans, explained

Boat loans can be surprisingly easy to get because you can use the boat as security for the loan. NOW Finance makes applying for a boat loan especially easy. We have personal loan advisors available to answer any questions.

Boats vary, and so do boat loans. At NOW Finance, the terms of our boat financing range from 18 to 84 months.

Boat loans are similar to car loans. You can get a secured loan where the boat itself is used as a guarantee. NOW Finance provides a lower interest rate on secured boat loans, and you can borrow more money. For unsecured boat loans, the interest rate will be higher but still competitive. Go to how it works to find out more.

It is often tricky to sell a boat with a loan, but not impossible.

Start by contacting your lender to find out how much you still owe, then decide how and when you will pay off the debt. Many buyers are wary of buying a boat that’s still under finance. You can ease their concerns by providing a statement from your lender showing how much you owe. When the debt has been cleared (most likely when you’ve used the buyer’s money to pay off the loan), you can ask your lender for an updated statement to prove that the boat loan has been fully paid off.

Your personal loan advisor at NOW Finance can provide further advice.

Getting a good boat loan interest rate depends on several factors, such as your credit score and the loan provider you choose. Use a comparison rate to make sure you’re getting a competitive rate.

NOW Finance can provide loans for used boats, secondhand boats and older boats. Depending on the condition and value of the boat, interest rates may be higher.

What should I know about a NOW Finance boat personal loan?

Boats are a gateway to a lifestyle of fun, pleasure and pure escapism. Unfortunately, a good boat is not cheap. But don’t let the high price tag sink your hopes of ever owning a vessel. Boat personal loans can make your boat dream a reality.

NOW Finance provides competitive boat financing solutions for a range of boats. Whether you have your heart set on a dinghy, jet boat, fishing boat, houseboat, motor yacht or another other type of watercraft, we can help with boat personal loans in Australia.

Not only are our boat personal loans affordable, but they’re also designed for smooth sailing. They’re easy to understand and manage. And, we can deliver the funds fast. You could be hitting the water sooner than you thought.

NOW Finance is not a bank. We put personal service into all our loans, including our boat personal loans. You’ll find our approach friendly, efficient, and convenient.

Our customers keep giving us excellent reviews. Isn’t it time you jumped on board with one of Australia’s leading providers of boat personal loans?

Boat personal loans for all seasons

NOW Finance can provide boat finance in Australia for a range of boats. The amount you can borrow ranges from as little as $5,000 to as much as $100,000. This upper limit is for secured loans only.

Whatever boat you decide, we can provide a boat personal loan up to $100,000 to match. Just add water! Discover more about how it works.

Competitive rates

NOW Finance provides highly competitive interest rates on boat personal loans. We are an excellent alternative to a bank and credit cards.

Because we don’t charge fees, our comparison rates are the same as our interest rates.
NOW Finance makes it a pleasure cruise to shop for a boat personal loan and compare costs with other lenders.

Discover more reasons as to why NOW Finance is a great choice for boat finance in Australia.

Boat financing that puts the wind in your sails

When you arrange boat financing from NOW Finance, you repay the loan over a set period of time, ranging from 18 months to 7 years.

Fixed repayments give you more control over your finances. You can enjoy your boat more, knowing your repayment will be the same every time.

NOW Finance also offers flexible repayment terms. You can choose a weekly or fortnightly repayment schedule that suits your lifestyle and budget.

Use our boat finance repayment calculator now to calculate your estimated repayments.

No fee boat personal loans

To make boat personal loans in Australia easier and breezier, we have a no fees approach. This means no establishment fees, no monthly fees, no fees for extra repayments and no early repayment fees.

Eligibility for boat finance in Australia

You can apply for a NOW Finance boat personal loan online. It takes about 10 minutes. See our eligibility criteria before you get started.

Are you ready to make a splash with your dream boat? Call NOW Finance on 1300 275 669 or click here to get started.

Ready to make your next move?

Get your personalised quote in 2 minutes