Boat Loans

Escape to the water with ease. Whether for adventure, relaxation, or family time, Inovayt’s flexible boat finance options can help you get on the water sooner, on terms that suit your lifestyle.

Talk to an expert

Looking for a Boat Loan?

If you’ve ever dreamt about chartering your own vessel, boat finance can make that a reality. Our team works with a wide variety of lenders to find a loan that perfectly matches your requirements.

Secured Boat Loans

A secured boat loan is another great option for financing your new boat. A secured boat loan means the financier will take an interest in the boat, as security for the loan, and once you have finalised the final payment, the interest in the boat will be removed by the financier. A secured boat loan is less risky to a lender, and generally comes with lower interest and better terms.

Talk to an expert

Unsecured Boat Loan

Looking to get a new or used boat without putting up security against the loan? Our unsecured/personal boat loans could be a great option for you. The lender will not have any security in the boat, and once you complete your monthly payments, you will own it outright.

Personal Loan Calculator

What our clients say

    
 
 
      Posted on Google  
   
   Ej 100 
 September 6, 2026
 
 
 Trustindex verifies that the original source of the review is Google. Buying a home can be overwhelming and takes so much preparation, but Peter went above and beyond for us every step of the way. From our very first consultation to securing the loan, his expertise and responsiveness gave us total peace of mind and made the whole process seamless. I’m deeply grateful to Peter, and thanks to Nicole for her kindness and steadfast support right through to the end.
  
 
     Posted on Google  
   
   Michael Druery 
 August 28, 2026
 
 
 Trustindex verifies that the original source of the review is Google. Excellent service from Kaleb, Erin and Isabella. Ensured that everything was ready and settlement went smoothly.
  
 
     Posted on Google  
   
   Kian Belk 
 August 28, 2026
 
 
 Trustindex verifies that the original source of the review is Google. Highly recommend Duane and the team at Inovayt. They made the whole process of buying our first home so much easier and were always available to answer questions, explain everything clearly, and keep us updated throughout the process. Their communication was excellent and made the whole process feel easy, even answering the phone outside of office hours and on weekends. They went above and beyond to make sure everything came together, especially when things seemed stressful for us. We always felt like they had our best interests in mind and were doing everything they could to get us the best outcome. Really appreciate all the help and support throughout the entire process. We couldn’t be happier and would definitely recommend them to anyone looking for a mortgage broker!
  
 
     Posted on Google  
   
   Jason Henwood 
 August 28, 2026
 
 
 Trustindex verifies that the original source of the review is Google. Jason and the team at innovate were extremely helpful and kept us up to date throughout the whole process while purchasing our new home. Extremely happy with the service and will be using innovative again in the future.
  
 
     Posted on Google  
   
   suresh inturi 
 August 27, 2026
 
 
 Trustindex verifies that the original source of the review is Google. Working with Kaleb, Erin and Isabella, and the entire team has been an absolutely wonderful experience from start to finish. Thank you all so much for your exceptional guidance, deep dedication, and for making us feel completely supported throughout this entire process. A special thank you goes to Kaleb for leading this effort so brilliantly and to Erin and Isabella for their incredible support and for always keeping everything so beautifully organised. Your prompt communication, warm professionalism, and deep market expertise truly made everything feel seamless and stress-free. We are incredibly grateful for the personalized attention and strategic advice you provided to secure the best possible outcome, and we absolutely look forward to working with your outstanding team again in few weeks 😀 Thank you so much 😀
  
 
     Posted on Google  
   
   Ann Humphrey 
 August 27, 2026
 
 
 Trustindex verifies that the original source of the review is Google. Exceptional mortgage brokerage! The communication throughout the entire process was excellent, and they were always proactive with problem-solving to achieve the results we wanted. This is the second time we’ve used this brokerage, and once again they delivered above and beyond our expectations. We wouldn’t hesitate to use them again and highly recommend their services. A very happy repeat customer!
  
 
     Posted on Google  
   
   Kazi Haque 
 August 24, 2026
 
 
 Trustindex verifies that the original source of the review is Google. Thank you Kaleb. Had a great experience with your advice and service.
  
 
     Posted on Google  
   
   Simon Zorgdrager 
 August 21, 2026
 
 
 Trustindex verifies that the original source of the review is Google. Very good communications. - keep you informed all the way.
  
 
 
  
 
 
   Google rating score: 5.0 of 5, based on 1485 reviews

Talk to an expert

Helpful resources

Personal Loan Calculator

Our personal loan calculator can help you with understanding your loan terms and repayment options.

View Calculator

Frequently Asked Questions

Why should I consider a boat loan?

There are plenty of benefits that come with boat finance (besides, of course, having a boat!). By loaning a boat instead of purchasing outright, you’ll have additional funds available for something else, such as travelling or spending money. For businesses, cash flow management is another great way boat finance can help, as well as the potential to claim a tax deduction on the asset (check eligibility first).

What might my boat loan look like?

Our Inovayt brokers will find the best boat finance solution for you. We can look to set your loan term to suit your lifestyle and provide a fixed repayment schedule while also offering options like balloon repayments and the opportunity to pay your loan off early.

How much can I borrow?

The amount lenders are willing to loan depends on a multitude of factors, but generally the sum is between $5000 all the way up to $200,000