Perth-based · 40+ lenders · Australia-wide
Greenside Finance team · Updated October 2026
Finance for a new or used boat or jet ski, from a dealer or a private seller. A Perth broker compares 40+ lenders for you, Australia-wide.
A boat loan finances a new or used boat, jet ski or personal watercraft, usually as a secured loan with the vessel as security. Greenside Finance are Perth-based finance brokers comparing 40+ lenders for boat loans, and we lend across Western Australia and Australia-wide.
Buying a boat that earns income, like a charter or commercial fishing boat? That's assessed as business finance rather than a personal boat loan. Talk to us and we'll check which lenders fund it: see business funding or equipment finance.
| Factor | What it means for you |
|---|---|
| Type and age of boat | Lenders prefer newer boats with a clear market value. Older boats, sailing boats and unusual vessels have fewer lenders, and some won't fund them. |
| Deposit | Many lenders want a deposit on boats, especially older ones or for buyers without property. Owning a home can open more options. |
| Credit history | A good credit history opens the whole panel. Defaults and many recent enquiries narrow it. |
| Income | Lenders check that the repayments fit alongside your living costs. |
| Seller and condition | Dealer sales are accepted widely. Private sales may need a PPSR check and a survey or valuation for larger vessels. |
Illustrative scenario based on common enquiries, not a specific client. Amounts are examples only. A Perth family wanted a four-year-old half-cabin boat and trailer priced around $55,000 from a dealer. With a good credit history and a modest deposit, they had a good choice of lenders. Putting the trailer on the same invoice kept it on one loan, and we compared a few term lengths so they could see the trade-off between repayment and total interest.
Sometimes. Some lenders finance the full price for borrowers with a good credit history. Many want a deposit for older boats or without property. We check what applies to you.
Yes, with many lenders. Older boats have fewer options, and a private sale needs a PPSR check. See how private sale finance works.
Often yes. Jet skis and personal watercraft are funded by a smaller group of lenders. Tell us the make, model and year.
Usually, if the trailer, electronics or safety gear are bought with the boat and itemised on the invoice, within the lender's limits.
Sometimes. Past defaults narrow the lenders and usually raise the rate, and a deposit may be needed. We'll tell you plainly what's realistic.
Some lenders won't fund sailing boats, but others will, case by case. Send us the details and we'll check which lenders would consider it.
Some lenders decide within a day, and others take longer. We can't promise an outcome, but we'll tell you what's needed to avoid delays.
Lenders usually require the boat to be insured, with the lender noted as an interested party. Arrange it before settlement.
Choosing a broker? Read how to choose a boat and caravan loan broker in Perth.
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Greenside Finance Pty Ltd (ABN 76 678 053 122) is an Authorised Credit Representative (#561052) of Fintelligence Pty Ltd, Australian Credit Licence #511803. Unit 5/531 Hay St, Subiaco WA 6008 · 1800 147 336. All finance is subject to lender approval, terms, conditions and fees. Information on this page is general and doesn't consider your objectives, financial situation or needs.
