Get Affordable Boat Loans With Jacaranda Finance NZ Today!
Have you ever heard the story of the classic solo sailing race around the world where the winner decided to keep sailing instead of crossing the finish line to collect his prize? With many of his fellow competitors lost at sea, he decided that life on the sea was more important than winning the race that he had endured for over a hundred days, solo and unassisted.
Throughout the rise of humanity, boats have played a major role in history. To this day, they still have great appeal to many of us, with thousands of people currently raising their sails and traversing around the world with many different purposes. Some use boats to desperately seek refuge from their dangerous homes, some to earn a living and others simply to enjoy the solitude and freedom that our incredible oceans give us in such vast quantities.
Now you may not be seeking an adventure quite like the explorers you’ve just read about, however, owning a boat can be great for many of us Kiwis, with over 90% of us living within 50km of our coastline.
There’s one small problem though. Boats are expensive! Expensive to buy, expensive to maintain and expensive to store!
So how can a boat loan help you afford the costs? Find out how Jacaranda Finance New Zealand can help now!
What are boat loans?
Whether you’re looking for a small dinghy to float through one of the sounds or an old yacht to sail around the Pacific Islands, our easy boat loans might be just what you’re looking for. Our boat loans are 100% online with small, medium and large values starting from $300 ranging up to $10,000. You can choose from a minimum of 12 months and a maximum of 24 months to repay your loan depending on what suits your financial situation.
Over the years, we have continued to make our application form more and more simple. We like to make your borrowing experience as easy as possible. With no paperwork, you can complete the application wherever you have internet on whichever device you prefer.
All you need to do is select the amount you wish to borrow on our loan calculator that is situated at the top of each Jacaranda Finance New Zealand webpage, then select the most suitable repayment plan and finally, hit the APPLY NOW button!
If you apply during NZST business hours, we will do our best to get back to you with a response in no more than 60 minutes!
Who are we?
We are a lender-finder service who pride ourselves in providing our clients with trusted financial representation. What does that mean? Well, we believe that traditional lenders aren’t that good when it comes to finding the right loan for Kiwis. With many people being left stranded unable to pay back their loans, at Jacaranda Finance NZ, we’re different, we work carefully to find a lender that is responsible.
Helping New Zealanders set sail
We are the number one service when it comes to finding the best sailboat loans. We’ve already helped lots of Kiwis go from reading boat magazines to owning their dream boats. How cool is that? Our lenders offer used boat loans and new boat loans and with our expertise, we’ll connect you to a lender ready to make your dreams come true.
What are small loans?
When it comes to boat financing, we have the best boat loan rates out there, so look no further for a small loan today! An unsecured loan can be obtained without having to attach it to a piece of equity, like your boat. This way, you can get the money you need without having to put any of your treasured possessions at risk.
What are medium secured loans yacht loans?
Medium secured loans are valued from $2,000 up to $4,600 and would suit a situation where for example, you might need yacht financing to cover a big maintenance job. Medium secured loans will need to be attached to an asset of yours like your yacht. If the value of your boat is smaller than the amount of money you need, you may struggle to find a medium-sized loan and have to apply for a lower value.
We also find large secured marine loans to cover costs from $5,000 up to $10,000. These loans also need to be attached to equity and can be repaid over a period of 13 to 24 months. For more information on different types of loans, visit MoneySmart.
The size of your loan is all dependent on the situation you are in with regards to your boat. Whether you’re buying your first vessel, upgrading to something a bit bigger or just looking to do some repairs on your old boat, a loan with us can help you out with the click of a few buttons.
What about bad credit boat loans?
At Jacaranda Finance NZ, we partner with lenders that are more lenient than traditional lenders when it comes to boat financing bad credit loans. We assess our applicants individually reviewing their current relationship with their finances to decide whether or not they are fit for a loan. We don’t like to let people’s past get in the way of their future. However, we do like to see that they are working hard to better their credit score. So, ensure that you are doing the best you can to improve your credit score. This will vastly improve your chances of getting the boat loan you need!
In order to keep up with our responsible lending practices, our lenders do perform credit checks on our applicants. Our team are experts at finding boat loans for Kiwis whatever their situation. We want to get you the funds you need even if you have a low credit score, so we encourage you to go ahead and apply and leave the rest to us!
Do we offer boat loans for those on Centrelink?
Yes we do! We work with lenders who view Centrelink as a regular income and therefore you can still qualify! So, if you’re currently receiving Centrelink and wish to sail the seas, go ahead and apply!
How do I apply for boat loans?
Our hassle-free 100% online application can be completed with ease at a time that suits you. Before you apply, it’s mandatory for you to meet the following standard requirements:
- Be at least 18 years of age;
- Have active contact details incl. telephone number and email address;
- Proof that you have been earning an income for the past 90 days.
Your lender may be required to carry out an employment check to confirm your recent employment. Don’t worry, your information will remain confidential throughout these proceedings as our team specialise in these types of matters. On top of this, your information will be stored in our secure system in a read-only format, so there’s no need to worry about any of your information being at risk.
Why choose Jacaranda Finance New Zealand?
We are on a mission to provide Kiwis with a solution to a short-term cash flow shortfall. By choosing to apply with us, you will get access to some of the quickest and most efficient processing techniques out there. At the same time, you will be put in the hands of trusted responsible lenders.
We stick by our promises and have six commandments that we always stand by:
- To be transparent;
- Act ethically;
- Be fast and easy;
- Be super serious about security and privacy;
- Maintain availability;
- Looking after our loyal clients.
At Jacaranda Finance NZ, we are different. We are committed to our customers and we always intend to grow with you. We don’t hide anything from you, so you don’t have to worry about any hidden fees.
If you’re feeling like we might be what you’ve been looking for, why not scroll up now and use our loan calculator to choose a boat loan plan for you today!
Example of what a loan might look like:
Boat loans vary with each application and we love it! We work hard to find the best lenders for you. Our network of premium reputable lenders ensure that your service with us is a quality one.
For each loan, boat loan interest rates will differentiate depending on the lenders’ offer. This example is what you should expect to see when you apply:
|Type of Loan||Amount Requested||Payment Period||Interest Rate||Monthly Payments||Total Interest|
**DISCLAIMER: This example is merely for demonstrative purposes. The numerical data used is purely conceptual. Your lender will have their own personal interest rates and fees which may alter your repayments.
Handy things you’ll need:
Whilst we do love the fact that our application is super simple, there are a few things you’ll need to have at the ready before applying, namely:
- 100 points of identification;
- Internet banking credentials;
- Employment details;
- Reason for getting a boat loan;
- Relevant information regarding your boat (if you already own one) including photographs, registration number and certificate of ownership.
Remember our team are always happy to help you if you have any further questions. So please don’t hesitate to get in touch via our contact information that can be found here. Our staff are available to answer your calls during NZST business working hours. If you’re unsure of anything outside of these hours, send us a message and we’ll get back to you as soon as possible! You might also want to check out our FAQ page to see if any of your unanswered questions can be dealt with there.
What if I’m unhappy with my boat loan offer?
If you’re unsure that the loan you have been offered is what you were looking for, you are under no obligation to proceed any further. You’ll be pleased to know that there is no withdrawal fee at this point either. We like to know that our customers are 100% sure that they are prepared for their loan.
What else do we offer?
We are a friendly lender-finder service that can help you when you need a little cash injection to see you through till the next paycheck. Jacaranda understands that sometimes we get into situations when we need cash yesterday, that’s why we have created an application process that can get you the support you need in no time.
We are able to offer you lenders with loans starting from $300 up to $10,000 that can potentially cater for all of your needs. When you’re strapped for cash, a personal loan with us could be the right option for you. We’ve helped people with all sorts, from getting much needed dental work, to helping with rental bonds and even vet bills. So what are you waiting for? Apply now!
Examples of what loans might cost.
Interest Rate between 1.5% and 20% per month.
$2,500 repaid over 13 months would have 56 weekly repayments of $75.05. Total interest $1702.80. Total amount repayable $4,202.80. This example is based on a monthly interest rate of 9% and an AIR of 108%. WARNING: This is a repayment estimate only. Your lender will determine the exact fees, terms and loan amounts available for you, which may alter your repayments. Annualised Interest Rates (AIR) could be as high as 620.5% depending on your personal situation.
Note, your lender may offer you different terms, fees or loan amounts based on your individual circumstances, needs and their own lending criteria. Please check your contract before signing.