1800 346 101 info@finance101.com.au

Keep it simple when financing your next caravan, camper trailer, boat, motorbike, horse float, scooter, jetski, motorhome….oh, that didn’t keep it very simple did it?

It will be simple and easy to get approval for your next leisure asset purchase, thanks to Finance101. We work with over 30 different lenders with access to specialised products, allowing our team to tailor the perfect loan for you. Working with Finance101 will ensure that you have access to market leading interest rates and are kept up to date every step of the way. It’s that simple! 

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Personal leisure loans

A personal loan for a leisure asset is the most common of the loans available. This is where the vehicle will be used mainly for personal use. You can choose either a secured loan or an unsecured loan, depending on what is benefits are most important to you. The secured loan will normally mean lower interest rates as the lender holds security over the loan, whereas with an unsecured loan the lender doesn’t hold the title on the asset and you’ll generally be able to pay out early with no penalty at all.

Some of the key features of secured or unsecured leisure loans are:

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Finance any age asset anywhere in Australia

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Available for dealer, auction and private sales

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Flexible loan terms available (from 1-7 years)

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Beat the banks with a secured leisure loan

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Rates and payments are fixed over the term of the loan

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Pay it off faster to save interest

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Make extra repayments if you like

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Finance the full purchase price or chip in some deposit

Business leisure loans

A business loan for a leisure asset is the type of loan for customers who are self-employed or plan to use the vehicle predominantly for business use. Business loans come in a few different shapes and sizes, being Chattel Mortgages, Hire Purchases or Finance Leases. Some lenders will require financials but Finance101 have access to a variety of different low doc or no doc loans as well for your convenience. We recommend speaking to your tax agent before moving ahead with a leisure loan under your business name as not all companies will be able to justify business usage.

Some of the key benefits of business leisure loans are:

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Low or no deposit options available

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Low fixed rates

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Balloon (residual) options available

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GST can be claimed back at your first BAS (Chattel Mortgage only)

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No-doc or low-doc loans

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Loan terms from 1-7 years

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Available for dealer, auction and private sales

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Tax deductible interest and ability to claim depreciation