We offer a full range of low-cost marine finance options for the purchase of boats, vessels and watercraft to be used for business purposes.
Loans from $20,000 up to $5,000,000. No financials required for ABN holders up to $500,000.
Welcome to Overdrive Commercial Funding, Australia's premier provider of low-cost boat and marine equipment finance solutions tailored to business owners and ABN holders.
As experienced boat finance brokers, we utilize our wide network of over 60 Australian major banks and non-bank lenders to provide highly competitive solutions that surpass all other alternatives available. By choosing Overdrive Commercial Funding, you can expect a seamless equipment acquisition process and a dedication to offering competitive rates and tailored service that will move your business forward.
No matter what type of marine equipment you're looking to finance — whether it's brand new or used, from dealerships, private sellers, or auctions — we have the perfect solution for you. We offer a wide range of affordable financing options for various types of marine finance, such as charter boats, watercrafts, jet skis and many more.
Commercial Boat Loan Options:
Chattel Mortgage
A Chattel Mortgage (also known as a Bill of Sale or Equipment Loan) boat loan is a loan agreement where the funds are borrowed to purchase equipment for commercial purposes, and a charge is taken over the goods that are financed.
Hire Purchase
A Hire Purchase (also known as Offer to Hire) is an agreement which sets out that during the hire period (term) the Financier owns the boat and the hirer pays regular instalments, with ownership of the asset automatically passing to the hirer once the final payment is made.
Boat Finance Lease
A marine finance lease is an arrangement for financing the vessel where the financier retains the title and the asset is leased to the borrower, for an agreed term and rental amount. Residual value is set to reflect the boat's value at the end of the term.
Rental
A Rental (also known as an Operating Lease) is an arrangement for financing equipment (such as a boat) where the Financier retains the title and the asset is rented to the borrower, for an agreed term and rental amount.
Complete our simple form or contact us at your convenience to discuss your business requirements free of charge, and our team of professionals will take care of the rest for you. We strive to deliver outstanding service, customizing solutions to fit your unique needs and offering assistance and reassurance every step of the way until you pick up your boat.
Our primary focus is on serving our clients' needs, ensuring that you maximise the benefits of your upcoming boat loan. You can be confident that our priorities are focused on your business and delivering exceptional customer service, rather than prioritizing the interests of the banks.
Why work with us?
New South Wales (NSW) Queensland (QLD), Western Australia (WA), South Australia (SA), Tasmania (TAS) and Northern Territory (NT) major cities and surrounding areas: Sydney, Brisbane, Gold Coast, Melbourne, Adelaide, Perth, Darwin, Canberra, Geelong, Townsville, Hobart, Cairns, Alice Springs and anywhere in-between!
Dedicated to assisting Australian business owners for the long haul, guaranteeing they receive competitive advantages for business boat and water equipment loans.
Fast approvals & turnarounds.
Loans from $20K up to $5M.
Credit score protection.
No paperwork or wait times.
Tax effective solutions.
Low monthly repayments.
Personalised service.
Guidance and support.
Come for rates -
Stay for service.
Sale & leaseback solution.
Business boat refinancing.
Insurance solutions.
Our 100% repeat business success is a testament to our competitive rates, extensive industry knowledge, and exceptional customer service.