With the Easter break and school holidays in most states and territories imminent, we’ve probably left our run late to remind you to get ready by buying that boat you want for your Easter getaway. Easter is a great time for boating and the waterways around Australia are likely to be very busy. The extended summer weather well into March in some areas will no doubt be an added incentive for holiday makers to plan a waterside break. So if boating is in your Easter plans, is it too late to arrange a boat loan and buy a boat? In short, if you can get the boat then Jade Boat Loans will be straight onto getting you a cheap boat loan.
Our consultants can source quotes, handle loan approvals and application processing swiftly and efficiently and still deliver loans at cheap interest rates. So if you want a boat and a boat loan for Easter, here’s a plan to assist you achieve your goal.
Boat Loan Quick Prep
Boat first or boat loan first? They can both happen at the same time. There’s no need to wait until you have the boat purchase sorted before you apply for a loan. Our pre-approved secured boat loan service allows boat buyers to organise their loan through to ‘approved’ stage based on an estimate of what they intend or expect to pay for the boat. There’s no obligation attached to a pre-approved loan so if the buyer can’t find the right boat or just changes their mind, no problem.
So getting the loan process started asap is a good idea, especially if you’re working to a deadline. Call us and your Jade consultant will explain the process. Our consultants handle the entire loan process for our customers. The most difficult part for our customers is probably providing the required information and details for the loan application.
As a licensed credit provider we are required to adhere to the consumer credit laws. That entails sourcing from applicants, details and information around employment, income, assets and debts, expenses and residential status and history. For those that don’t have financial details at hand, downloading bank statements and other online resources should be helpful.
Converting Boat Prices to Loan Repayments
While browsing boats or while at the marine dealership, you can quickly and easily convert the prices advertised to boat loan repayment estimates with our boat finance calculator. This is an essential tool for boat shoppers so keep it bookmarked on your phone web browser.
Accessing Quick Boat Loan Quotes
If you choose to go down the DIY boat loan route, you can most likely expect to spend some time ‘on hold’ when you call a finance company or bank for a quote. You can cut to the head of our queue by just calling Jade.
As professional marine lenders, we have industry connections and special communication channels with our lender network so we have fast connections to source boat loan quotes. Our industry research keeps us across the marine finance market so we know which of our lenders is offering the cheapest loans at any time.
Our quick access means quicker loans and a quicker time to potentially achieving that boat ownership dream. It’s worth noting that in a world of ‘express services, surcharges and choice of premium or economy service’ Jade Boat Loans does not attach a premium to ‘express’ loan services. The same cheap interest rates apply to loans sourced in a hurry to those secured at a more leisurely pace.
Achieve Fast Boat Loan Approval
Who wants to wait and if you want that boat by a certain holiday time, who’s got the time to wait? Jade processes applications through for fast approvals to ensure a smooth, streamlined and efficient service.
Decided on which boat yet? We’re approach settlement so we’ll need your seller’s invoice.
Prompt Settlement to Finalise the Loan
The final stage of the boat loan process is settlement. That is when the boat dealer is paid for the boat and hands you the keys and paperwork. Your Jade consultant handles that with the lender. You or the dealer sends us the invoice and we’ll sort the payment.
You will need to take out insurance on the boat. By contacting a marine insurance provider such as Club Marine, you should be able to arrange a cover note over the phone. A cover note is an interim insurance policy, usually valid for 14-30 days which allows the boat buyer time to complete the full insurance coverage paperwork.
If the boat is brand new you will need boat registration which the dealer should be able to assist with. Checking out the requirements and process for boat registration on your state maritime authority website beforehand could be beneficial.
You will of course need a boat licence also.
Request a Boat Loan Quote
Time to get the process started and work towards a great Easter holiday season of boating. Contact us for a quick quote and start selecting which boat you want to buy. Once your loan and purchase are finalised, refer your maritime authority regarding safety messages, download the BOM weather app for weather updates and stay across the rules and regulations in the waterways where you will operate to ensure your boating time is safe and enjoyable.
To request a quote for a boat loan, speak with Jade Boat Loans on 1300 000 003
DISCLAIMER: THE INFORMATION IN THIS ARTICLE IS PREPARED SOLELY FOR INFORMATION PURPOSES AND IS NOT INTENDED AS FINANCIAL ADVICE OR AS THE SOLE BASIS FOR MAKING FINANCIAL DECISIONS. THOSE REQUIRING ADVICE SHOULD CONSULT A FINANCIAL ADVISOR. NO LIABILITY IS ACCEPTED FOR ANY MISREPRESENTATIONS OF PRODUCTS, POLICIES AND INFORMATION OR ERRORS IN THE CONTENT AS REFERRED FROM OTHER SOURCES.