Boat loans – say YES to the boat of your dreams!
Are you dreaming of days out enjoying the coastlines of New Zealand? If you are in the market for a trailer, boat or jet ski, or need to upgrade the motor on your boat… a Yes Finance boat loan can help you get out or back on the water.
With a boat loan you can buy privately, from an auction, from TradeMe, from a boat dealer or broker.
Pre-approved marine finance
Did you know you can apply for a boat loan before you have found the particular craft you want to buy? It’s called a pre-approved loan. With the finance arranged, you can go shopping knowing how much you can afford to spend. You also have all the benefits of being a cash buyer – meaning you’ll be able to negotiate the best deal.
Interest Rates
Yes Finance interest rates vary from 9.9% p.a. to 22.9% p.a., and the actual rate charged will depend on many factors including the amount of lending, the term of the loan, size of deposit, customer credit history and risk profile.
For more detail on fees visit our Standard Administration Fees and Charges
Online loan application
We have designed our online application to collect the smallest amount of initial information to enable us to do a quick assessment to see if we can help you.
If we can assist you we will ask you to complete a more detailed application. Nobody likes filling in forms but the more effort and detail you put into completing the application the quicker we can get back to you with an answer.
If you would rather us call you to complete the balance of the loan application we are happy to do that.
Boat loan calculators
Estimated repayment
Minimum weekly repayment, based on interest rate of 19.9%, and includes establishment fee and monthly service fee
$0
Includes:
$0 Payment protection
$0 Principal + interest
These amounts are indicative only and calculated over a calendar year. The purpose of the calculator is to give an indication of amount you can borrow only. The amount on a loan may differ depending on your application assessment and insurances taken.
Estimated loan value
$0
These amounts are indicative only and calculated over a calendar year. The purpose of the calculator is to give an indication of amount you can borrow only. The amount on a loan may differ depending on your application assessment and insurances taken. No Insurances are included in this calculation.
Apply NowInterest Rates
Yes Finance interest rates vary from 14.95% p.a. to 29.9% p.a., and the actual rate charged will depend on many factors including the amount of lending, the term of the loan, size of deposit, customer credit history and risk profile.
Term of the loan
Yes Finance loans are generally on terms from one to three years. We will work with you to set a term that suits you and your budget.
Fees
An establishment fee of $240 for secure personal loan, $200 for unsecured personal loan, plus $50 for each additional borrower is charged for processing the application.
For more detail on fees visit our Standard Administration Fees and Charges
