Enjoy yourself on the water
Marine (Boat) finance
Right on the doorstep of the bayside suburbs and Brisbane City is the beautiful Moreton Bay, with the Gold Coast and Sunshine Coasts only a short distance away. With some of the most beautiful parts of Australia right on our doorstep, it’s only natural you might want to purchase a boat or other water-based recreational devices and explore the waterways.
Whether it’s a small tinny, a jet ski, a half cabin cruiser or something far more substantial for open ocean travel, it can be a significant investment. So, when it comes to sourcing appropriate finance, it’s important to ensure the loan is structured the right way, as well as offering competitive interest rates and fees.
In many cases, the purchase of marine vessels are for private recreational use, but there are certainly many circumstances where they are purchased for business or income-producing purposes.
If the purchase is for private use, the considerations are different from buying for business and income-producing purposes.
With many boat dealers offering internal financing options, you will need help to work out what is genuine and what ‘attractive offer’ may end up costing you a lot more.
Your Hewcorp Finance consultant will explore options from many specialised finance providers, with loans to suit most buyer’s requirements.
You WILL have plenty of questions about marine finance options!
See how you could get out on the water sooner by talking to our Marine Finance Specialists.
Marine Financing Options
In addition to interest rates, fees and loan features, the structure of the loan is very important, and may have taxation implications or other surprising outcomes at the end of the loan term if the purchase is for business purposes as opposed to private use.
That’s why getting the right information from your Hewcorp Finance consultant will ensure the loan is structured to meet your private or business needs, as well as having a competitive interest rate and fee structure. * We’ll also work in closely with your accountant and financial advisor if needed to achieve the right result.
If you are self-employed and own a business, there are several things to consider where the loan is for business use as there can be tax effective ways of financing an asset under some circumstances. To determine the best options, Hewcorp Finance will provide you with comprehensive financing information and strongly recommends also seeking appropriate advice through your accountant or financial advisor.*
Buying a new boat and trailer doesn’t need to be a daunting experience when sourcing competitive finance options.