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Marine & Leisure
Sail on with flexible low rate boat loans
We help you find competitive marine loans with flexible repayments using our years of experience and latest technology
Lower rates on boat loans
Looking to purchase that dream boat? After competitive marine finance rates that will beat your banks? If yes, you have come to the right place. Pure Capital has access to the most competitive boat financing options in the market.
Pure Capital Finance has a long history and is very experienced in financing all types of assets including recreational vehicles. We pride ourselves on not just knowing how to deliver a cheap boat loan rate and repayment but also being able to talk your language as we have good knowledge on the type of assets you will be purchasing.
Marine finance your way
With Pure Capital, your boat finance is always your way as you have flexibility of financing new, used or certified boat for personal or business use, through private sellers, dealers or auctioneers, anywhere in Australia.
So call us at Pure Capital Finance and get a no obligation quote on your next boat, jet-ski or marine leisure craft. We help you save money, answer all your questions and help you get on the water faster. At Pure Capital, we know boat loans so you get the best in boat finance.
Pure Capital Finance
Get funding fast
The equipment acts as security for the loan
Free up working capital
Get equipment without paying for it upfront
Manage your cash flow with fixed instalments
You can claim tax deductions
Options are available for bad credit
Start a new contract with the latest technology at the end of your current contract
Up to 100% of Equipment Value
1 to 7 years
Starting at 4.09%
Time to fund:
As little as one day
How does Marine Finance work?
Getting marine equipment on loan or lease can be a short, streamlined way to finance up to 100% of the value of any equipment you need.
It comes in many options including leases, hire purchase, loans and chattel mortgages, for example:
A standard equipment loan allows you to borrow up to 100% of the cost of equipment with fixed repayments. The equipment is generally the only security required for the loan.
A finance lease is a form of a rental agreement because the lessor owns the asset. At the end of the lease you have the option of purchasing the asset (for a residual amount agreed upfront), trading in the asset for new equipment or simply terminating the lease.
There is a risk that at the end of the lease the asset will be worth less than the residual value. One of the advantages of a finance lease is that the lender pays the GST component; this makes your payments lower.
This type of lease is ideal for equipment such as technology equipment that needs regular replacement. It is similar to a finance lease but the risk of the market value being lower than the residual value is with the lender, not with you.
At the end of the lease period, you simply return the goods to the financier. In this type of lease, the equipment is not listed as an asset on your balance sheet and therefore you cannot claim depreciation. You can, however, claim the lease payments as a tax deduction.
A “chattel” is a moveable asset (i.e. it’s anything other than real estate). With a chattel mortgage you own the equipment from the beginning of the term of the lease. With a chattel mortgage, only the interest component of the lease payments are tax deductible – but you can also claim a deduction for the depreciation of the asset. In addition, you can claim a credit for the GST component on your BAS statement.
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Pure Capital is committed to helping meet your asset finance needs. We want to be your trusted business advisor and hope to build a partnership for life. We work hard to ensure that you receive great service and a bespoke package to suit your unique needs and financial requirements.
We offer different loans to suit different situations. Whatever yours is, we’ve got you covered:
No age limit on assets
Credit impaired Approvals
Low doc finance up to 500k
Same day funding
Dealer or Private sale
Access to over 20 lenders