Financing recreational items is a personal decision which needs careful consideration to ensure that your commitments are affordable. Many people receive the wrong loan due to poor advice or a lack of lending options available for the item being purchased.
Did you know that a secured loan can be applied over your new boat or bike? That means that the lender can place an interest in the vehicle which usually lowers the cost of the finance package to fund your purchase.That way you save more cash so you can enjoy the use of your new boat or bike.
* There are many options available to match up the right loan for you Consider these:
Secured Consumer Loans
- Usually much cheaper rates apply - suitable for most new cars and cars under 12 years old
Personal Loan
- Usually unsecured - suitable for vehicles that don't fit the lenders criteria
Loans With A Balloon
- Reduces the repayments and allows you to nominate a payout figure at the end.
Long Term Period
- Terms up to 7 years which lower the monthly repayments.
Eureka Lending Group is can help. Whether you're in Ballarat, Melbourne or any of the surrounding areas, we love helping people acquire their dream recreational vehicle.