Jet Ski Finance - Jetski Loans

Jade Boat Loans provides personal loans for private jet ski and watercraft buyers and business boat finance for businesses purchasing jet skis, water scooters and other PWCs. Your Jade consultant will work with you on structuring the best loan to suit your purposes.

Jet Ski Loans

Jet skis and other personal watercraft (PWCs) are the exciting machines of the water and can present a great boat-owning option for many buyers. Easier to tow, store, transport and launch than much other larger craft and relatively easy to operate. PWCs are an extremely popular entry-level purchase as well as an additional recreational craft or tender for owners of large cruisers. Several manufacturers are offering models which have been specifically designed and adapted for anglers and other purposes. Expanding their versatility and market attraction.

But in addition to their role as recreational craft, PWCs have a vital responsibility in rescue and recovery operations, for marine research purposes and as transport on difficult-to-access waterways. 

To cover all buyers across all markets, we provide a full range of PWC loans and finance. Loans for buyers of PWCs for private use and commercial marine finance options for businesses acquiring PWCs and water scooters for use in their operations.

• Loans for all leading makes and models from all manufacturers
• Personal and business finance
• Loans for new and used PWCs
• Cheap interest rate loans
• Terms of 1-7 years available
• No deposit finance

Source a Cheaper Jetski Loan - Specialist Marine Finance Experts

PWCs deliver precision, speed and power and we match those key features with our own specialised marine finance service. Quick quotes, fast approvals and the power of our cheap interest boat loans rate to get you closer, faster to achieving your financial goals.

Some banks and finance companies do not offer specific PWC loans and will offer loan applicants more generic boat loans with possibly a generic and higher priced interest rate. As specialists in marine finance, we know the different types of vessels and watercraft and do offer a loan product to specifically suit PWC buyers.

Accredited with a vast number of banks and non-bank lenders, we have access to a large finance market from which to source to the cheapest loan options. As specialist marine lenders, we have the bargaining power to negotiate on behalf of our customers to achieve the cheapest rates and most attractive loan terms and conditions.

Personal and Business Jet Ski Financing Options

We offer a complete and comprehensive selection of loans for both private buyers and business purchases. Loans for private buyers include both secured and unsecured options and for business operators, they can select the finance that will deliver the optimum benefits for their operations in regard to tax and cash flow.

Selecting which is the most appropriate loan for your purchase requires consideration of the features and benefits of each product in relation to your personal or business financial objectives and the type of PWC you are buying.

The interest rates are different for personal boat loans and business marine finance products with business rates lower. This variation is standard across the financial market and reflects the lesser risk associated with commercial finance.

Interest rates on all types of loans also vary from lender to lender. Lenders set their rates based on their costs to acquire funds and their exposure to or interest in lending to specific market sectors. In this case, the recreational boating and commercial marine sector. As a specialist in the sector, we can offer cheaper rates.

The types of loans offered for PWCs can also vary across the lending market. To see what a selection of banks and finance companies are currently offering in comparison with our loan options, check out the lender interest rate comparison calculator we have provided for your convenience.

• No deposit finance available across our loans
• Pre-approved loans available

Personal Secured Jet Ski Loans

The secured loan is the most popular and widely-used loan type for purchasing all types of PWCs. The ‘secured’ reference is to the craft being purchased being offered as security for the lender against the money being lent.

This type of loan has a relatively universal structure and standard format. But we make your loan anything but off-the-shelf with our consultants personally sourcing and negotiating every loan for every individual customer.

Loan features include:

• A fixed interest rate is achieved at our trademark cheap rates. The rate is fixed for the entire term of the loan so you don’t have to switch or fix your loan in the event that general interest rates change.
• Fixed loan term of up to 7 years. The term approved is dependent on individual lender guidelines and assessment of individual applications.
• The fixed rate and fixed term then logically result in fixed repayments. These are calculated at a monthly figure payable so you’ll have the same amount to pay each month and can plan your budget.
• Additional payments are permitted if the borrower chooses to pay extra against their loan to pay it out and own the PWC sooner. Minimal break fees will apply if the loan is finalised prior to the agreed fixed term.

To work out what your repayments may be on a personal secured PWC loan, head to our calculators.

Unsecured Personal Jet Ski Loan

An unsecured personal loan is a loan that is not secured against the goods being purchased. In this case, the PWC. In some cases, it is not appropriate for the borrower to offer the PWC as security against a loan. This may occur for a range of personal reasons. There may also be occasions where the lender does not accept individual goods as security.

Where no security is available, PWC buyers can apply for this unsecured loan option. While attracting a higher interest rate than a comparative secured loan, this can still be an extremely affordable and attractive loan when sourced at our cheap interest rates.

Loan features include:

• The interest rate is sourced and negotiated at our trademark cheap levels.
• The interest rate may be fixed or variable, depending on the lender. Whichever rate is applied, it will remain consistent over the loan tem.
• The loan term is fixed and the repayments are fixed at a monthly amount.
• Additional payments are permitted as an option.
• If the loan is finalised prior to the end of the agreed loan term, with variable interest rate loans there would be no break fees and for fixed interest rate loans only minimal break fees apply.

To find out if your PWC purchase is suitable for a secured or unsecured loan, speak with one of our consultants.

Commercial Marine Finance - Business Jet Ski Loan Options

Businesses acquiring PWCs for use in their business can select the finance product that best meets their requirements from our selection which includes:-

• Chattel Mortgage
• Commercial Hire Purchase
• Leasing

In selecting finance, business owners are advised to refer to their accountant or financial advisor. If seeking to take advantage of accelerated asset depreciation measures such as Instant Asset Write-off and temporary full expensing, Chattel Mortgage is seen as the most appropriate loan type.

All our commercial finance options include:

• Cheap fixed interest rates
• Fixed loan terms up to 7 years
• Fixed repayments
• Taxation benefits

For start-up businesses and those that have only been operating for a short time, we offer Low Docs and No Doc Loan options for operators that do not have all the financial records for standard business loan applications. Speak with one of our consultants about what is involved in securing this finance.

To be eligible for all types of business finance, the PWC must be being acquired for use in the business, the applicant must hold a current ABN and preferably have business financial records and documentation.

New and Used Jetski Financing

Our full range of personal and business loan products can be utilised for the purchase of both new and used PWCs.

• All makes and models financed
• Cheap loans for Kawasaki, Yamaha, Sea Doo and new brands which are launching into this space.
• One, two and three seater models financed
• Loans for PWCs designed and built for anglers
• Cost-effective finance for rescue and research vessels

While buying new is usually the ultimate goal for most buyers, the used market can offer some great deals on good quality machines with prices that fit many budgets. When buying a used PWC, loan applicants should be mindful that lenders will have minimum loan thresholds for the amount they will extend. To ensure your PWC is priced above that threshold, have a quick conversation with one of our consultants. We can quickly advise you of the options and even arrange pre-approved finance.

Loans are available for purchases from a range of sources:

• Authorised PWC dealerships
• Manufacturer direct buys
• Private sales
• PWCs purchased at auction

For greater confidence when negotiating with private sellers or bidding at auction, or just to know the price limit you should aim at, speak with us about a pre-approved loan. This service is available across all our loans and is a loan approved prior to purchase.

Complete Package Loans

We provide loans to cover the entire PWC package:

• Watercraft only loans
• PWC and trailer loans
• PWC, trailer and optional extras and upgrades included in the loan

Use Our Jet Ski Loan Repayment Calculator

For a quick ballpark estimate on what your loan might be in repayments, try our loan calculator. It’s free and easy to use and you can work out repayments on any number of makes and models.

Request a Jet Ski Loan Quote or Apply Now!

To be eligible for a personal loan, you need to be over 18, have employment or source of income and provide details on your finances and other information. Holding a boat or jet ski licence is not essential

Get your PWC loan moving right now – apply online or over the phone!

Speak with a marine finance expert to discuss a cheap loan deal for your jet ski, water scooter or PWC. Call 1300 000 003