Boat Loan Interest Rates
Interest rates on boat loans will vary among banks and lenders and may be dependent on the strength of your application and the age and condition of the boat.
Finance brokers are expert in structuring loan application to suit specific applicants and the lender they are applying to, in order to acquire the cheapest interest rate possible.
If you are comparing boat loans from a number of sources, it is unwise to compare boat loan interest rate in isolation. There may be fees and charges on some loans which add to their cost and you should also take into consideration any specific conditions applied by the lender.
Sourcing a boat loan from an accredited finance broker enables you access to a wide range of products and to receive a complete package quote with all costs and charges included.
Many brokers will be able to include additional options such as insurance, warranties, improvements on the boat, transportation from sale port to home port and other extras into your loan package.
So by all means, listen to the chat, but make a considered and informed decision on any finance.