Boat & Jet Ski Finance for Bad Credit in Australia

Finance One Boat & Jet Ski Loan

Get out on the water!
Apply for a Jet Ski Loan or a Boat Loan from Finance One.

Enjoy the freedom of the open water with Finance One’s Jet Ski and Boat Loans. Dive into adventure and make waves with our tailored financing solutions. Whether you’re drawn to the adrenaline rush of jet skiing or lured by the excitement of reeling in the big catch on the water, we’re here to make your maritime dreams a reality.

 Our personalised approach to lending means we consider every applicant, regardless of their credit history. So, whether you’re a seasoned sailor or a first-time buyer, let us navigate the waters of financing for you. Embrace the stress-free journey to owning your own vessel and apply for a boat loan with Finance One today.

 Normal lending criteria, terms & conditions and fees & charges apply.

Personal Loan Range

Jet Ski and Boat Finance from $8,000 to $100,000**

Personal Loan Term

Jet Ski and Boat Finance terms from 3 - 7 years

Personal Loan Time

Approvals in as little as 24 hours *

What can I use Jet Ski or Boat Finance for?

Get out on the water fast by getting a Finance One loan for a jet ski or boat. We have loans for many types of recreational vessels.

  • Motorboats
  • Jet Skis
  • Tinnies
  • Fishing boats
  • Water ski boats
  • Sailboats
  • Motorboats
  • Jet Skis
  • Tinnies
  • Fishing boats
  • Water ski boats
  • Sailboats

Can I apply for a loan from Finance One for a Jet Ski or Boat?


Are you receiving regular income?

Step 2


Do you want to borrow between $8,000 to $100,000 for your next vehicle?#


Are you at least 18 years of age?

Step 2

Credit History.

We accept all applications regardless of previous history.

Why Finance One? Because we believe in second chances.

Since 2010, Finance One has taken a compassionate and flexible approach to lending to everyday Australians.

We strive to find finance solutions for everyone – even those who have been rejected by the banks. We go above and beyond to help provide smart solutions to your finance problems.

Flexible Loan Repayments


Finance One customers can make extra repayments or increase their repayment amount at any time.^

100% Aussie

100% Aussie

With offices in Townsville and Brisbane our team is ready to assist you in finding financial success.

Personal Loan Time


Our dedicated support team will get to know you and provide personalised service.

Boat Finance for Bad Credit.

Here at Finance One, we believe in second chances. We also believe that even if you’ve had some credit incidents in the past, that doesn’t mean you should be shut out from enjoyable opportunities. That’s why we offer boat finance, helping to give you a second chance at getting an exciting new recreational asset for yourself, your family and your friends. 

We pride ourselves on helping as many everyday Australians as possible get access to boat finance with bad credit. If you are wanting to apply for a loan for a boat in Australia, we’ve put together some key points around how you can best prepare yourself when you’re applying for loans for a boat with bad credit history.

Budget carefully

Here at Finance One, we understand that a bad credit rating isn’t necessarily indicative of your actual financial situation. You can be gainfully employed, covering all your costs and living a comfortable lifestyle, but still be hindered by previous credit incidents when you’re applying for finance. That’s why we offer boat finance with bad credit; but it’s still critical to be able to establish a budget and be certain that you can make the necessary repayments in accordance with your loan agreement. Having a budget in place may help with your application.

Check your credit report

If you’re considering applying for boat finance with bad credit, how much you can borrow is understandably going to be limited by different factors, such as your current level of debt. Though we offer loans for boats with bad credit that are quick and easy, we’d still suggest that you check your credit report in advance. You’re entitled to a certain amount of “free” checks each year, and it can ensure that any debt you’ve already paid off has been properly removed and isn’t needlessly clogging up your credit score. To find out more information, contact your credit reporting body.

Avoid multiple applications

Though it’s normal to want to look at multiple loans before making a final decision, it’s important that you avoid doing this via multiple applications. If you’re trying to finance a boat with poor credit, multiple applications can actually damage your credit rating — making it more unlikely that you’ll be able to get the loan you’re after. Ensure that you do your research first before applying.

Make timely and regular repayments

One of the most important facets of maintaining your boat finance for bad credit is making timely and regular repayments in accordance with your loan agreement and ensuring that you don’t fall behind schedule. This can be easily done by setting up direct debits to automatically deduct payments from your bank account when they fall due.

Apply for boat finance in Australia from Finance One

If you’re looking to apply for a loan for a boat with bad credit, make sure you get in touch with the team at Finance One. From Darwin to Hobart, we work almost all around Australia to help people get the finance they need. Although we don’t offer boat finance for bad credit with guaranteed approval, we work closely with you to help find an appropriate solution for your situation. In addition to boat finance with bad credit, we also offer a number of other vehicle finance solutions with bad credit, including loans for cars, 4x4s, motorbikes, caravans and trailers.

Let us answer your questions about boat and jet ski financing.

Can I apply for a loan for a boat from Finance One if I have a bad credit history?

Yes! Finance One will consider applicants whose credit history includes defaults, previous bankruptcies or Part IX Debt Agreements.

Can I apply for jet ski or boat financing if I receive a pension or Centrelink benefits?

Yes! Finance One will consider applicants who receive any of the following:

  • Family Tax A & B
  • Parenting Payment
  • Carer Payment
  • Aged Pension
  • Disability Pension
  • Department of Veterans’ Affairs (DVA) Service Pension/Partner Service Pension
What could my interest rate be on boat finance with Finance One?

Our interest rates vary depending on your overall credit profile. This includes, but is not limited to, the stability of your employment and residence, your credit history, your income and your banking conduct.

Can I make extra repayments, increase my repayments or pay my loan out early?

Yes, you can make extra repayments or increase your repayments. However, some of our loans do have an early payout fee. We recommend you review your loan terms or contact us to confirm if an early payout fee applies to your loan.

What documents do I need to provide when I apply for Jet Ski finance with Finance One?

The minimum documents we require for an application include:

  • three months of bank statements (we will provide you with our secure link to bankstatements.com.au to provide your bank statements); and
  • proof of your income; and
  • completed application form and privacy statement; and
  • ID (ie. drivers licence)