Compare Marine Loans

Whatever floats your boat.
Starting Your Marine Loan.
$
years

Get Your Feet Wet with Marine Loans

Reasons for a marine loan.

Going to the beach is fun, but heading out to sea is a whole new realm of excitement. Going out to sea for a fishing trip, experiencing the ever-changing waves, and staring at the clear blue horizon are memorable for sure.

The only problem is, you need a vessel. Can’t quite go fishing out in the ocean while swimming, can you? Unless you’re volunteering as the bait.

Boats cost an arm and a leg, they’re not cheap. Beyond the upfront cost, there’s maintenance, fuel, and other continuous upkeep you have to pay for too. As it all piles on, it might feel like your dreams of going out to sea are crashing straight into an iceberg.

Why choose LoanOptions.

But don’t let them sink just yet! If you can’t pay for a shiny new boat upfront, then perhaps you could try taking out a loan for one. By getting Marine Financing, you can start hitting the high seas sooner than later, paying off the cost over time. It’s a big commitment, which one do you choose?

LoanOptions’ AI-powered loan comparison tool is here to help get you sailing smoothly. Looking through 60+ lenders for you, including the big banks and private lenders, our tool will show you all your financing options before you know it. Save time and effort with LoanOptions so you can devote your energy and free time on your new hobby instead!

More Options. More Sea.

Get back to doing the things you love, like jet-skiing, windsurfing, or whatever floats your boat.

It’s not a boat.
It’s a ship!

There’s as many types of marine vessel loans as there are fish in the sea, so don’t hesitate to look through all of the options first.
LoanOptions can help find lenders to finance a large variety of aquatic vessels. Maybe you’re looking for a:

Yacht

Dinghy

Motorcruiser

Powerboat

Keelboats

Trailer Sailer

Jet Ski

Windsurfing

Commercial Seafaring.

The ocean is full of fun, but also opportunity. Beyond recreational purposes, you can get financed for a boat for commercial purposes as well.

Fishing businesses that are looking to expand are always in need of fresh vessels. Beyond simply wanting more boats, there might be demand for a different type of ship to handle other fishing methods.

With commercial boats, there might be more leeway to lower the interest rate. As lenders know that the boat itself will be used to make the money back, they may consider the investment less risky. Furthermore, depreciation and other factors can be claimed as tax deductions!

Chattel Mortgage

A chattel mortgage for a boat pretty much works the same as a mortgage for a house. Upon approval, the lender provides enough funds to make the purchase in full, and you become the owner of the vessel. The lender then takes out a mortgage over the purchased vessel, with repossessing the boat as security. The interest rates on this type of loan are usually pretty competitive too. A ferry good deal!

Ready to Set Sail?

If you’re ready to start your ocean adventure, LoanOptions can help you navigate the treacherous waters of the loan market. There be pirates among these seas…

With LoanOptions advanced loan comparison tool, you’ll never get caught off guard by loans with ambiguous wording or other deceitful practices again, as all information is laid out to you clearly without hassle. And if whatever loan you were going for doesn’t work out, simply turn back to us, and we’ve got the rest of a giant list waiting for you!

So hop on board! You’re under LoanOptions’ watch from now on.

No Bull#@*% here.

Captain Ailos got your back!

We’ll tell you what you need to know, enquire with LoanOptions and take one step closer to getting your marine loan.

Secret fees.

The devil is in the details, and it can be more than a pain if you do not read the fine print properly or if not all associated fees are brought to your attention as a borrower.

Ask yourself these questions:

Entry/Exit Fees.

Are there any entry or exit fees?

Late Payments.

What are the late repayment fees?

Early Payments.

Are there fees for paying your loan off early?

Added Costs.

Are there any other added costs that could come up?

Still have questions?

If you have any questions or enquiries,
visit our FAQ bunker or give us a call

The cool people.

5/5 Rating
383 reviews
Loan Option
5 star reviews

More than 383 smiles, laughs & warcries

See Testimonials
stay cool, stay coolLoan Option
>
Kaos Ludovic
7 months ago
From the introduction to my broker and the closing of the deal I felt like I was in such good hands. Jason, was extremely contactable, really heard every detail of what I required in a finance option, and made sure we went through all of the best options to suit my needs. The turn around time was the fastest I’ve ever experienced and there was ZERO hassle. I cannot express how pleased I am with this service. I appreciated the straight up honesty around what was realistic and workable within my budget and I didn’t feel for a second that I was just another number and just a quick buck like I have felt in my other lending experiences. I felt full trust in Jason’s ability. This was much more than just a finance broker. Jason’s connections and network even looked at sourcing the right car, provided backgrounds and details on many vehicles and even worked with other dealers to get me a price well above what any other dealerships were trying to extort me with. I didn’t feel rushed into anything, pressured, and I felt truly advocated for, with what my best interests were. As you get older, you learn the hard way with being constantly exploited and you end up finding the right people. This is a service I will now stay with for any future financing options. Thanks again, it’s hard to find good hearted people with good intentions.
Smile No. 451
>
Sam Kent
3 months ago
Pan has been absolutely amazing. Pan was very patient with me whilst waiting for my new licence to arrive (kids accidentally threw my purse in the bin). This held up my loan but Pan went to great lengths to make the process as easy and stress free as possible for me. Best broker I have ever dealt with and will be happy to recommend you to all my family and friends. Thank you so much for all your help, I’ll definitely be back
Smile No. 450
>
Sousake1
a month ago
Recently took out a loan and was partnered with Natasha. WOW! Natasha was an absolute legend and was on to it from the get. Extremely friendly, (great sense of humour too) understood my needs and was prompt and diligent in her approach and turn around time. Kept me informed and up to date throughout the process. Would highly recommend. The world world be a far better place with more Natasha’s!! Cheers and thank you!
Smile No. 449
>
Dylan Chandler
3 weeks ago
I had a great experience dealing with Loan options. In particular Natasha King-Gee did a fantastic job, made the process seem effortless and was extremely diligent, the communication was first class. One thing that really stood out was the care and attention to detail for getting the information over the line. I will definitely be using Loan options and in particular Natasha for my next financial adventure!
Smile No. 448
>
ash D
a month ago
Great experience and will recommend Loan Options to anyone who is looking for a responsive and professional service. Each member know what they are doing and will carefully listen to your needs. Each person know what they are doing and responds to your query as soon as they can, which is highly appreciative. Starting from the initial call from Lolita to understand the needs of the loan, Farah, lending specialist and Jason, who is the expert helps me to secure a loan with ease, especially during the holiday season. Special shout out to Farah and Jason for all the hard work. Great people and great service.
Smile No. 447
stay cool, stay coolLoan Option

More than 383 smiles, laughs & warcries

Loan Option
Kaos Ludovic
7 months ago
From the introduction to my broker and the closing of the deal I felt like I was in such good hands. Jason, was extremely contactable, really heard every detail of what I required in a finance option, and made sure we went through all of the best options to suit my needs. The turn around time was the fastest I’ve ever experienced and there was ZERO hassle. I cannot express how pleased I am with this service. I appreciated the straight up honesty around what was realistic and workable within my budget and I didn’t feel for a second that I was just another number and just a quick buck like I have felt in my other lending experiences. I felt full trust in Jason’s ability. This was much more than just a finance broker. Jason’s connections and network even looked at sourcing the right car, provided backgrounds and details on many vehicles and even worked with other dealers to get me a price well above what any other dealerships were trying to extort me with. I didn’t feel rushed into anything, pressured, and I felt truly advocated for, with what my best interests were. As you get older, you learn the hard way with being constantly exploited and you end up finding the right people. This is a service I will now stay with for any future financing options. Thanks again, it’s hard to find good hearted people with good intentions.
Smile No. 451
Sam Kent
3 months ago
Pan has been absolutely amazing. Pan was very patient with me whilst waiting for my new licence to arrive (kids accidentally threw my purse in the bin). This held up my loan but Pan went to great lengths to make the process as easy and stress free as possible for me. Best broker I have ever dealt with and will be happy to recommend you to all my family and friends. Thank you so much for all your help, I’ll definitely be back
Smile No. 450
Sousake1
a month ago
Recently took out a loan and was partnered with Natasha. WOW! Natasha was an absolute legend and was on to it from the get. Extremely friendly, (great sense of humour too) understood my needs and was prompt and diligent in her approach and turn around time. Kept me informed and up to date throughout the process. Would highly recommend. The world world be a far better place with more Natasha’s!! Cheers and thank you!
Smile No. 449
Dylan Chandler
3 weeks ago
I had a great experience dealing with Loan options. In particular Natasha King-Gee did a fantastic job, made the process seem effortless and was extremely diligent, the communication was first class. One thing that really stood out was the care and attention to detail for getting the information over the line. I will definitely be using Loan options and in particular Natasha for my next financial adventure!
Smile No. 448
ash D
a month ago
Great experience and will recommend Loan Options to anyone who is looking for a responsive and professional service. Each member know what they are doing and will carefully listen to your needs. Each person know what they are doing and responds to your query as soon as they can, which is highly appreciative. Starting from the initial call from Lolita to understand the needs of the loan, Farah, lending specialist and Jason, who is the expert helps me to secure a loan with ease, especially during the holiday season. Special shout out to Farah and Jason for all the hard work. Great people and great service.
Smile No. 447