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Buying a boat in Perth starts with finding the right finance solution, and that’s where we come in.
There are over 103,000 registered recreational vessels across Western Australia, so you’re far from alone in wanting to get on the water. Our crew give Perth boaters access to 40+ lenders, competitive rates and fast approval, regardless of whether you’re buying a new boat from a dealer, picking up a used vessel from a private seller or bundling in a trailer and electronics.
Apply for finance online and we’ll do the hard work finding you the best rate, leaving you to focus on finding your dream vessel.
Get pre-approved in as little as 1 hour.
See our Perth Boat Financing team in action, with a short walkthrough with our Director, Caillan Timbrell.
Perth’s boating market has unique seasonal patterns and a huge variety of vessels; from fishing boats built for adventures to Rottnest, to yachts for some weekend fun on the Swan River. We’ve seen it all and are familiar with the upfront and ongoing costs of different boats, and can help organise your online application to suit what lenders are looking for.
We understand what it takes to own a boat in Australia, including total ownership costs like registration, insurance, maintenance and safety equipment.
Instead of accepting whatever your bank offers, we compare boat finance options across our full panel to find the best loan for your circumstances. Your final rate will be based on your credit history, your loan amount and your desired loan term.
It’s easy to secure your boat loan online with our digital application system. It’s fast and securely backed by all major banks and lenders. We also have an office in Perth, so you’re welcome to apply in person if you prefer.
Receive funds within one business day after approval, so you’re not waiting weeks while someone else snaps up the boat you want.
Repayments can be made weekly, fortnightly or monthly via direct debit and many lenders allow extra repayments without penalties, helping you pay off your loan sooner and achieve real savings.
For self-employed borrowers, because not everyone fits the standard mould.
We’re situated right in the heart of East Vic Park, close to Perth’s major marine and automotive retail hubs such as Wangara, Bibra Lake, Victoria Park, Osborne Park and more. We’re dealer agnostic, meaning we can arrange finance for any boat you buy from any dealer or private seller, and we have partnerships with a select few that can help you find a better deal on the boat itself.
Meet the team behind Loans Unlimited. Our Perth-based finance specialists are here to make getting car finance straightforward, transparent and stress-free. Whether you’re buying your first car, upgrading your current vehicle or looking for finance that suits your circumstances, our team can help you understand your options and find a loan that works for you.
General Manager
Caillan Timbrell is one of the driving forces behind Loans Unlimited, with extensive experience in the finance industry and a strong focus on making the borrowing process easier for customers. As one of the founders of Loans Unlimited, Caillan has helped build a customer-focused brokerage where people can access practical guidance without the confusion often associated with finance.
Director
Neil Bennett is a Director and co-founder of Loans Unlimited, bringing extensive experience in finance and a strong commitment to customer service. Neil has spent many years helping customers navigate their financial options and understands that every borrower’s circumstances are different.
Online Team Manager
Ebony is a valued member of the Loans Unlimited team, known for providing customers with efficient service, clear communication and ongoing support throughout the finance process.
Our crew offer a range of boat loan options to suit every type of purchase. Whether you’re buying from a dealer or a private seller, financing a new or used boat or bundling trailer and electronics into one loan amount, we have you covered.
Buying a new boat from a Perth dealer? Secured boat loans use the boat as collateral, meaning you’ll typically access more competitive interest rates than with an unsecured personal loan.
Perth has a thriving market for quality used boats and our lenders are ready to finance them.
Buying from a private seller can mean a better price, but lenders may ask for additional verification.
Low-doc loans require minimal documentation for approval, ideal for self-employed borrowers or those with irregular income.
From loan application to funds in your account, our process is fast, paperless and secure. Here’s how it works.
Complete our brief form with your details and some information about the boat – there’s no obligation at this stage. We’ll assess your financial situation and give you a clear picture of what you can borrow. Pre approval provides a defined budget for negotiating boat purchases, so you can shop with confidence.
You can also use our boat finance calculator to estimate your monthly repayments before applying.
This is where having 40+ lenders makes the difference. We compare offers across our panel to find the best boat loan for you, weighing up interest rates, comparison rates*, fees and charges and repayment options.
Upload your ID and financial documents via a secure digital portal managed by illion, a trusted credit bureau. Lenders will look at your credit history, income and existing debts, so you may need to provide income verification documents such as payslips, tax returns or bank statements.
After that, you can get pre-approved in as little as 1 hour.
*A comparison rate includes the interest rate plus applicable fees, so you’re comparing true costs, not just headline numbers.
Once approved, documents are generated and sent for electronic signing via PleaseSign, a legally binding e-signature platform you can sign from your phone or computer. We then arrange settlement whereby funds are released within one business day after approval, sent directly to the dealer or private seller.
Comprehensive insurance is required by marine lenders in Australia, so make sure your cover is in place before handover. Then it’s time to set sail on your next adventure.
We understand that uploading ID, sharing bank details, and signing loan documents online raises questions. Here’s how our digital process is designed to be safer than traditional paper methods.
illion is one of Australia’s most established credit bureaus. When you verify through illion, your data is encrypted in transit, access to your bank information is read-only and temporary, and tamper-proof statements are sent directly to your broker. illion does not give brokers ongoing access to your accounts.
PleaseSign is an electronic signing platform where documents are encrypted, delivered via secure email links, and stored in ISO 27001-certified Australian data centres. Every signature includes an audit trail with IP logging and timestamping – making it more traceable and secure than a pen-and-paper signature.
Your data is protected by encryption in transit (TLS), identity verification checks, and strict access controls. If you’re ever unsure about a digital request, your broker can walk you through every step by phone.
We’re proud of the feedback we receive from Perth and WA customers.Here are what real customers have said about working with Loans Unlimited:
“Thank you to Derek Maclean with Loans Unlimited. He was amazing helping me to get finance for my first car. He helped me through every part of the process and explained everything clearly. It was a fast, easy and friendly service!”
Car Loan
“A big thank you to Brooke! She was prompt and professional, very informative and knowledgeable with any questions or queries. I would definitely recommend Brooke and Loans Unlimited. Great service!”
Car Finance
“The process has been smooth and stress free with Ebony keeping me up to date constantly. Thank you so much for helping me get my new car.”
Car Loan
Loans Unlimited serves customers across:
Whether you’re in the CBD or regional WA, the same fast, secure process applies.
We’ve helped thousands of Aussies with our car loans and we’d love to help you too!
Whether you're after a new, used or electric vehicle, move the sliders to see an estimated repayment, then proceed to apply.
This is an estimate only and not a loan offer. Actual rates and repayments depend on lender assessment, credit history, and loan conditions.
Ready to buy a boat in Perth? Whether you’re chasing a fishing boat for the weekend, a cruiser for Rottnest, or jet skis for the family, our crew will get you access to competitive rates, fast approval and flexible terms.
Click ‘Apply Now’ to fill out our 4 minute form and find the right finance solution for your next vessel.
Interest rates for boat loans start at Loading… p.a. for well qualified borrowers. Rates can be fixed or variable, affecting monthly payment predictability. Secured loans typically offer lower interest rates than unsecured loans, and your final rate will vary depending on your credit score, loan term and whether you’re buying a new or used boat.
For standard applications, you’ll need proof of identity (passport, driver’s licence, visa/citizenship info), proof of income (recent payslips or tax returns) and bank statements. Boat specific documents may include the purchase contract, vessel details and, for private sales, a PPSR check result. If you can’t supply full documentation, low-doc alternatives are available through several of our lenders.
Most boat loans have terms ranging from 1 to 7 years. Shorter loan terms mean higher monthly repayments but less total interest paid, while longer terms reduce your repayments but increase the overall cost. Fixed loans offer stable repayments throughout the loan term, while a variable rate may fluctuate.
Many lenders allow extra repayments without penalties, which means you can reduce your total interest and finish your loan sooner. Some products include redraw fees or restrict additional payments, so confirm the terms before committing and ask whether your loan includes a redraw facility so you can access those funds if needed.
Absolutely. Electronic signatures are legally valid in WA under the Electronic Transactions Act 2011 and nationally under the Electronic Transactions Act 1999 (Cth). Our partners illion and PleaseSign use encryption, identity verification and full audit trails, so every document and verification step is timestamped, logged and stored securely.
Comprehensive insurance is required by marine lenders in Australia before settlement. This protects both you and the lender if the vessel is damaged, stolen or lost. Total ownership costs also include registration, maintenance, mooring or storage and safety equipment. It’s worth budgeting for these alongside your loan repayments to make an informed choice.
