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Charter Boat Finance & Leasing

Supplier: Finlease (Australia)

Boat finance and loans that mix business with pleasure.


When you’re purchasing a boat for charter use, arranging boat finance is similar to the procedure for any other pleasure boat finance. Finlease makes boat loans easy, by handling every aspect of the application through to approval process.

What’s more by leveraging our massive buying power with $350 million on loan annually, Finlease can source boat finance at competitive rates across over 20 lenders. In 99% of cases, your boat is the security for your boat loan, and do not require real estate security.

How affordable could your charter boat purchase be? Just click here to take a look at our boat finance calculator.

How charter boat finance is different
If you’re considering a boat loan for a charter yacht which you may also have access to for occasional private use, Finlease can advise on how the ATO may view your purchase.

Laws have changed recently so it’s worth knowing the current situation including negative gearing. Fortunately, Finlease has been tracking the changes to legislation over the years and can advise on the current status quo.

The head of Finlease Mark O’Donoghue was one of the driving forces behind the Charter Boat Industry Survival Campaign in 2002 and is an acknowledged expert.

Making pleasure a business
We can also give you a clear overview of what it takes to have an acceptable charter boat business. Finlease will prepare all the paperwork for your signature, including arranging invoices from suppliers, insurance etc and settlement.

Boat Buyer's Checklist
Here’s what lenders are looking for when approving a loan:

  1. Your capacity to meet the repaymetns based on your income.
  2. For 100% finance you need to prove that you have 'tangible' net worth, i.e. equity in property or investments. Our financiers do not want a mortgage, but will simply want to feel comfortable that you have the ability to make good any shortfall between the second hand value of the boat and the amount owed.
  3. A good credit history.
  4. Stable employment and income.

Please note that Finlease service Australian customers only.