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Boat Finance.

Melbourne’s Leading Marine Finance Specialists.

Boat Finance Melbourne. Get Your Dream Boat with LoanBrix.

Financing everything from tinnies for Port Phillip Bay to luxury cruisers for the Mornington Peninsula.

At LoanBrix, we make owning a boat in Australia simple and affordable. Whether you’re a Melburnian or living anywhere across Australia, we offer tailored finance solutions for new and used boats, jet skis, and more. Ditch the complex paperwork and secure a competitive rate with our expertise.

Whether you’re a first-time buyer in Frankston or upgrading your vessel in Williamstown, we have finance solutions for you.

  • New Boat Finance: Get behind the wheel of a brand-new boat from your local dealer.

  • Used Boat Finance: We finance pre-loved boats, perfect for finding a great deal.

  • Jet Ski & Personal Watercraft Finance: Get ready for adventure on the water this summer.

  • Marine Pre-Approval: Know your budget before you shop with our fast pre-approval process. Shop Melbourne’s boatyards with confidence.

  • Refinance Existing Boat Loans: Found a better rate? We can help you refinance and save.

Contact Us now or Book a Time with one of our friendly brokers to begin your loan journey with us.

We Offer:

✓ New & Used Boat Loans
✓ Jet Ski Finance
✓ Pre-Approval for Melbourne Buyers
✓ Refinancing Existing Loans

Why Choose LoanBrix for Boat Finance?

We're not just another finance broker; we're your local partner in Melbourne.

  • Competitive Rates: We work with a wide panel of lenders to secure you a rate that fits your budget.

  • Fast Approval & Payout: We understand you’re eager to get on the water. We streamline the process for quick approval and fast payout to sellers.

  • Finance for Most Boats: From fishing tinnies to luxury cruisers, we help finance a wide range of vessels.

  • Local Expertise: We know the Melbourne boating scene and the specific considerations for local buyers.

Why Choose LoanBrix for Boat Finance?

  • Competitive Rates: We work with a wide panel of lenders to secure you a rate that fits your budget.

  • Fast Approval & Payout: We understand you’re eager to get on the water. We streamline the process for quick approval and fast payout to sellers.

  • Finance for Most Boats: From fishing tinnies to luxury cruisers, we help finance a wide range of vessels.

  • Local Expertise: We know the Melbourne boating scene and the specific considerations for local buyers.

Financing Your Boat: New vs. Used – What’s the Difference?

Understanding how finance works for different types of purchases is key to a smooth buying experience. Whether you’re buying a shiny new boat from a Melbourne dealer or a well-maintained vessel from a private seller on a site like BoatSales, the financing process has important distinctions. Here’s what you need to know.

🚤 Financing a New Boat (From a Dealer)

Buying a new boat from a licensed dealer is often the most straightforward financing path. This is because the transaction involves professional parties on all sides.

  • Streamlined Process: Dealers are accustomed to working with finance brokers and lenders. They handle the registration and title transfer, making the paperwork simpler for you.

  • Lower Risk for Lenders: A new boat comes with a manufacturer’s warranty and has a known, depreciating value. Because it represents a lower risk, lenders are often willing to offer more competitive interest rates and may require a smaller deposit.

  • “Package” Financing: Sometimes, you can negotiate a package that includes extras like a trailer, safety gear, or an extended warranty, potentially rolling them into the one loan.

🛥️ Financing a Used Boat (e.g., Private Sale via BoatSales)

Buying a used boat, especially from a private seller, can be a great way to get more boat for your budget. However, the financing process includes extra steps to protect both you and the lender.

  • Valuation is Key: A boat’s value depreciates, and its condition can vary wildly. A lender will almost always need to establish the market value of the specific boat you want to buy. This is often done by a professional marine survey or a comprehensive valuation.

  • Condition is Critical: The boat itself is the security for the loan. Lenders will want to know it’s structurally sound, seaworthy, and represents a good asset. This is why a survey is commonly required for older vessels, to identify any potential issues before finance is approved.

  • Private Sale Logistics: The process is less automated than a dealer sale. You, the seller, the broker, and the lender will need to coordinate on the paperwork, deposit, and final payment to ensure the transfer of ownership and funds happens securely.

Making an Informed Choice

Ultimately, the “better” option depends on your personal priorities, budget, and appetite for a little extra due diligence.

Feature New Boat (Dealer) Used Boat (Private Sale)
Financing Process Generally simpler and faster. Can be more complex, often requires a survey.
Interest Rates Potentially more competitive. May vary based on the boat’s age and condition.
Key Requirement Standard loan application, dealer invoice. Often requires a marine survey and independent valuation.
Main Advantage Warranty, known history, minimal risk. Potentially lower purchase price, less depreciation.

Whichever path you choose, understanding these differences can help you prepare. Knowing that a used boat might require a survey means you can budget for it and factor that time into your purchase plan. Our brokers will guide you through the specific steps for the boat you’re interested in buying, ensuring there are no surprises.

Ready to Climb Aboard?

Don’t let financing hold you back from the lifestyle you desire. Get a personalised quote or pre-approval today.

📍 Serving Melbourne & Surrounds: Whether you’re in the CBD, Southbank, Patterson Lakes, Brighton, St Kilda, or anywhere in Australia, LoanBrix is here to help.

Frequently Asked Questions (FAQs)

Do I need a marine survey for boat finance in Victoria?

It depends on the boat’s age and value. For a new boat, a survey is usually not required. However, for most used boats (typically older than 5-7 years or higher in value), the lender will likely require a professional marine survey to verify the boat’s condition and value before approving the loan. LoanBrix can advise you on the specific requirements for the boat you want to buy.

Can you finance a used or pre-loved boat?

Absolutely. We understand that a great deal can often be found on the second-hand market. As a broker with a wide panel of lenders, we are able to offer specialised finance for used boats, making it easy to secure a competitive rate for a pre-loved vessel.

Can you finance a used or pre-loved boat?

Absolutely. We understand that a great deal can often be found on the second-hand market. As a broker with a wide panel of lenders, we are able to offer specialised finance for used boats, making it easy to secure a competitive rate for a pre-loved vessel.

Why should I choose LoanBrix over a bank or dealer finance?

As a specialist broker with 54 lending partners, we don’t just offer one product. We compare options from a wide panel of lenders to find a competitive rate that fits your budget. Plus, we offer local expertise; we understand the specific considerations for Melbourne boat buyers and work to secure fast approvals and payouts so you can get on the water sooner.

What if I already have a boat loan? Can you help?

Yes. If you’ve found a better rate elsewhere or your circumstances have changed, we can help you refinance your existing boat loan. The goal is to potentially lower your repayments or save you money over the life of the loan.

Are your brokers qualified and reputable?

Absolutely. LoanBrix has been an MFAA member since 2009. Our brokers hold the necessary qualifications and are credit representatives, ensuring you receive professional, ethical, and expert advice.

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54 Lending Partners

We have relationships with all the major financial institutions and are constantly reviewing new and innovative loans to help provide you with the best possible solution.

Five Star Rated

We have over one hundred 5 Star ratings from clients on our Google business profile. We pride ourselves on customer service, and aim always to provide the best possible experience.

MFAA Member Since 2009

To become a member, individuals must meet specific requirements, including professional qualifications, a good character, and holding an Australian Credit Licence (ACL) or being a Credit Representative.

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