Personal Boat Finance

Make a splash with your boat loan

Smooth Sailing Boat Financing 

We understand the intricacies of boat loans, especially around new and used marine vessels and matching the right loan type to the right person creating a personalised loan just right for you. Our customers at Loans 123 are our priority and keeping you informed is something we strive to do best to help you create the right loan for you.

The best types of boating loans start with your finance application experience so we want to be there with you every step of the way.

Your circumstances and needs can change what you want out of a loan which is why we do our best to match your loan to your personal situation with the help of our excellent finance brokers in Perth. 

We arrange personal boat loans in Perth, both unsecured and secured, to help you get you what you want. We respond quickly to create loans that meet your needs. No-one likes a long time-consuming loan process.

We promise you:


Repayment terms that can be flexible to your needs


Experienced Brokers that put you first


Quick and easy personal loan application process

Free Services

Ask your broker about all the free services we offer such as a free marine vehicle finder.

Loan Calculator

Our Loan Calculator can provide estimations on your repayments.

Specialist Team

We have a dedicated team of specialists for your assistance.

Dreaming of buying that Jetski? Now you can

Boat Loans Apply Now

See how we’ve made the process of applying for a loan online easier. Apply today!

With affordable payment terms and our streamlined application, getting a loan with Loans 123 is as easy as one two three. Now just because we mention boats doesn’t mean it stops there, we can also approve finance for yachts, sailboats, Jetskis and most marine vehicles.

All you need to do is let us know what type of marine vessel you want to get financed.

Call us on 1800 100 100 or apply online to start determining your financing options and discussing your loan.

Frequently Asked Questions About Personal Boat Loans Perth, Western Australia

How much money can I get a loan for?

We assess and find out what we think is the best-sized loan for you based on multiple factors. Our brokers do this based on income, expenses, repayment ability, and your reason for getting a loan. $30,000 is the maximum amount for an unsecured personal loan.  $4,000 is the minimum for a secured loan and there is no maximum amount.

How much my repayments will be?

Using Loans 123’s Loan Calculator you can determine how much your repayment will be based on the options you choose and the loan’s approval. Please note that the Loan Calculator is a guide only.

Can my personal loan be repaid ahead of time?

Of course. Most of the time, making additional payments or lump sum deposits into your loan results in no extra charges. Although, we recommend you to first always read your credit contract, as lenders conditions apply to early repayment terms.


Is it essential that I provide a guarantor or security?

No, it depends on your personal circumstances. If you default on a loan and you provided a guarantor, they will be asked to pay it back for you. We advise for guarantor loans that the guarantor obtains legal advice independently to ensure they know their obligations and rights.



Loans 123 charge a fee?

If a loan is approved then yes. We include this in your loan amount as well as it is disclosed in our Quote and Credit Guide which is provided to you.

Call us today on 1800 100 100

or apply online and discuss your finance options and loan.

Getting a loan is as easy as one, two, three with Loans 123!

Example of a typical consumer’s unsecured fixed rate loan:

This is for demonstration purposes only not actual amounts, actuals will require your details and the type of loan and term of the loan.


$20,000 (includes a $250.00 establishment fee and a $990.00 origination fee) loan at an interest rate of 10.99% p.a. (12.21% p.a. comparison rate*) over 5 years.

Repayments are $438.00 per month over 60 months ($101.07 per week), this includes $13.00 per month loan administration fee.

Total repayment over 5 years: 60 x $438 = $26,280.

This interest rate is for indicative purposes only and may vary depending on the assessment of the lender.

The comparison rate of 12.21% p.a. is based on an unsecured consumer fixed rate loan of $30,000 over a term of 5 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

The National Consumer Credit Protection Act 2009 (NCCPA) requires that all lenders that publish interest rates for a product also publish the comparison rate. The comparison rate aims to inform the consumer of the true cost of a loan and is designed to make it easier to compare the different credit products available in the market. A comparison rate does not include all fees and costs, eg Government fees and charges and will not include other factors that may make the loan more attractive, eg flexible loan arrangements.

Can you finance a Jetski or other marine vessels?

We can help you get a loan for the following marine vessels

  • Jetskis
  • Yachts
  • Boats
  • Sailboats
  • Catamaran’s

If you dream of a water vehicle not listed here feel free to apply for finance and just mention it to your broker during the application process. We listed the most common requests that we see day to day.

Marine Chattel Mortgage with Loans 123

We have a large range of boat loans available in Perth, Western Australia so we have the luxury of making sure you get the loan that suits your situation, how much you want to borrow, or what type of boat you want. Start crafting your loan online today, no appointments needed.


We use competitive interest rates for your user or new boat loan to make your loans better.


All applications are subject to credit approval criteria. Fees, charges, terms and conditions apply.