Hi and Welcome on Board!

So you’re dreaming of your own boat so how will you finance it? And what about insurance?
MFIA Group can help you take care of the boat loan process. Our boat loans unlike normal personal loans from the bank are secured against the boat itself. As such we can offer some of the most competitive rates in the market, and most important of all, we will beat the banks.

So what are you waiting for get out there now and stop dreaming. From power boat Loans to superyacht boat loans, plus everything in between, MFIA Group can help secure you the best possible boat loan deal in the market.

We Offer

• Boat Finance with fixed repayments
• Easy set up, we even come to you in most instances to do the sign up, just to make your life that little bit easier
• Pre approvals, so as you can go shopping with the confidence you already have money in your pocket to secure your dream boat
• No Deposit boat loans are available
• We can structure repayments to suit your needs, by using balloon or lump sum payments

So no matter what you may be considering buying whether it be a runabout, cruiser, yacht, commercial craft or even a superyacht? We’ve got your boat loan covered…
Every possible option is considered and we adopt a one to one approach to your needs, so as we can thoroughly understand the best course of action for yourself moving forward.

So what are you waiting for call or enquire online now to let the experts in Boat Loans organise your new boat loan right now. As we say “Get Out There”.

Some things to Consider

When buying a new boat there is a great deal of information  you must work through before making your purchase. Is the boat big enough to get out on the outer reef, can i head up the river or streams to fish, do i want to use it as a ski or fishing boat. With all of this to consider it is often easy to forget about finding the right boat finance package to suit your needs. Just like buying a car, buying a boat is a big decision and one that you will have at least for the next few years. So sometimes you can take the easyway out in looking at you boat finance options and simply take an offer from a dealer in regards to your boat loan purchase. But is this the best idea? Well its up to you, but most dealers that have in house finance and do not use a Boat Finance Broker such as ourselves will only have one boat finance lender to offer you. As such you are only offered what that lender will do for you, which may not be the best deal you can get, and in the long run can cost you extra money.

let me put it to you this way, when you buy a house do you go to the real estate agent and trust them that there home loan they may offer you is the best deal you can get for yourself on the market?

If yes thats ok, but if no, why would you take the only finance offer a boat dealership may offer you in regards to your new boat finance. Doesnt it make sense to shop around and have a look at what else is available to you. Thats where a boat finance broker can help, we can have a look at your overall financial position, and due to the fact we have a multitude of lenders we can use, we can evaluate your circumstances and put you to a lender that is going to give you the best deal. Which is the most important thing, saving you money.

How our Boat Finance Process Works

Lets now have a look at how the finance process works, to show you how using a broker can not only help you get the best deal you can but also save you time and effort in finding this deal.

Firstly it is up to you to give us a call, or make an enquiry through our webpage.

Once we are in contact with yourself, we can simply run through an application with yourself over the phone, and then fax or email to you a Privacy and Client Acknowledgement Form for you to sign and fax or email back to us, we dot need the orignal. (saving you time)

From here on in its left up to us and you can put your feet up. We will access your application in house to make sure it will fit one of our lenders. If you do pass this in house assessment we will submit your application to the lender that will firstly approve the deal and secondly who will give you the best boat loan deal we can get.

Once this is done and we have an approval back from the lender usually within 24 hours, however it can be a matter of only waiting a couple of hours, we will contact yourself and run through the approval with you to make sure you are happy.

If you give us the all clear, we will contact the boat yard in question and organise an invoice.

Once we have the invoice in hand we will print up paperwork for you to sign. Depending on where you are located, we will endevour to come and see you in person to sign the paperwork, whether it be at your home, work or on the side of the road, we will work around you.

Now that we have the paperwork signed and completed we will settle the boat loan and the next call from ourselves will be the good news that you can go and pick up your new boat.

Need further information?

If you have more questions please feel free to give one of our experienced staff a call today on
1300 00 MFIA or Apply Now