Hire Boat Operators

Do you run you're own Hire Boat Company? If you operate a Hire Boat company or are thinking about setting up a new hire boat business, and are looking for a financial relationship that supports and understands your business, call the experienced team at Platinum Boat Loans.

We will assist you by assessing your needs and then aligning you with a commercial boat loan provider that understands your industry. One that can take into account seasonal fluctuations in cashflow and your need for competitive and flexible solutions.

Hire Boat Loan Structures

Most hire boat loans would fall into one of three categories, Commercial Hire Purchase, Chattel Mortgage or Boat Lease. Typically they are established for term of around five years, however short term options as low as one year are available. Residuals are available and can be as large as 80-90% for short term borrowing but generally are around 30-40% for a five year term. Residuals can generally be refinanced at the end of your chosen term allowing you to effectively spread out your loan for up to 10-15 years. Most of the hire boat loan structures will provide you with the flexibility you need, to tailor the solution to your requirements, both short and long term.

Many banks or brokers don't deal in boat finance yet alone finance for charter or hire boats if you have had difficulty (particularly for a new business) or have been refused elsewhere it doesn't mean you are not eligible or that you can't secure finance to expand or establish a hire boat business.

Why use Platinum Boat Loans?

Platinum Boat Loans are part of the Platinum Direct Finance group of companies who will finance over 800 million dollars worth of equipment and car finance this year! Due to this volume and buying power, we can give our clients access to the best boat finance rates and Boat financing products across Australia.

Need More Information

Either complete the boat finance enquiry form and one of our boat finance specialists will contact you today, or to talk to directly to an experienced boat finance broker call us now on 1300 262 834

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