Let's hit the waves: Boat finance and jetski finance
Nothing beats our magnificent coastline. Imagine the sun beating down as you ride the waves, explore new beaches and appreciate nature’s beauty. Or maybe you’ve finally found the perfect fishing spot. Either way, we may be able to help you focus on the tide rather than getting tied up in finance jargon.
Why finance your watercraft with Pepper Money?
A fixed interest rate that won't change for the term of your loan
Tailor your repayments with balloon and deposit options
Quick turnaround - Watercraft loan application response within 1-2 business days*
See what your repayments might look like if you apply direct with Pepper Money
Any calculations or estimations are based on the information you have entered, including the interest rate, and do not constitute an offer of credit or a formal credit quote. It does not take into account suitable product features or loan product types. Rates + repayments shown are based on user inputted data. All applications for credit must be verified prior to the formal assessment process. All applications are subject to credit assessment and loan eligibility criteria. Terms, conditions, fees and charges apply. Credit is provided by Pepper Asset Finance Pty Ltd ACN 165 183 317 Australian Credit Licence 458899.
What is the eligibility criteria?
- You're at least 18 years of age and are an Australian citizen, permanent resident, or hold a relevant work visa.
- You’re currently employed and not on probation (full time, part time, casual considered. Casual tenure must be > than 6 months).
- You have no current unpaid credit defaults or prior bankruptcies.
- You hold a current Passport or current Australian Driver Licence.
Our watercraft loan application process
1. Apply online
About 10 minutes
Eligible customers can apply online to finance a new, demo or used watercraft.
2. Application review
Within 1 business day
One of our lending specialists will touch base to discuss your application, assess your eligibility, and ensure you’ve provided all required documents.
3. Get an answer
Within 1 business day
Once your application is finalised and submitted for assessment, you’ll receive an application decision within 1 business day*.
Ready to take the next step?
Get to know our marine financing
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How can I apply?
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You can start your application online. Otherwise, call us on 137 377 to find out more.
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Who can apply?
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We finance watercraft for individuals, sole traders, and company (private limited, sole trader, partnership) applicants. Balloon payment options are available.
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How long can my loan be?
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1 - 7 years
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How much can I finance?
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You may be able to finance the full purchase of your watercraft (from $5,000 up to $100,000) starting with $0 deposit.
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What watercraft do you finance?
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You can finance any brand of trailered boat or jet ski with us – purchased privately or through a dealership; it can be new, used, or a dealer demo. Eligibility criteria apply, including vehicle age and condition requirements.
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Repayment frequency
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Monthly, via direct debit from the borrower's Australian bank account.
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Can I add a balloon payment to my loan?
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Yes, balloon payments are available for new, demo or less than 1-year old watercraft.
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What fees do you charge?
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- Loan establishment fee | $499
- Account keeping fee | $8.90/month
- Security registration and PPSR search fee | $8
- Early termination charge | Up to $750
- Account closing fee | $20
Interest rates, fees, charges, terms and conditions apply only to loan applications submitted via peppermoney.com.au. Different interest rates, fees, charges, terms and conditions apply to loan applications submitted via other channels.
Other fees apply including early repayment, default, and discharge fees. We may also pass onto you any third-party enforcement or recovery costs incurred by us, as permitted by law.
Money management tips and tricks
From budgeting advice to tips to help your savings go that bit further, our resources have it all.
What our customers think about us
Great to deal with
I would just like to thank the Pepper Money team for a very prompt and professional service. Helping me get my boat back on the water with a small loan.
Magnificent
Definitely worth the effort, friendly customer service and strived to approve. They helped a lot and were very reasonable with loan amount, didn’t push to give more than I needed, in fact they assessed my situation and were compassionate and fast.
Best of the Best
Such a fantastic, fast, and friendly team to work with. I’ve now used them twice and, to be honest, they’re more efficient and open with you than major banks and fast too. Highly, highly recommend them.
Very happy and very impressed
Excellent communication and simple, clear instructions regarding exactly what was required of us. They were an outstanding support throughout the loan application process
Easy to apply!
I can’t thank the happy staff at Pepper Money enough for making my car loan process so easy and fast! They were super friendly, and the dreaded paperwork wasn’t so bad either.
Exemplary service!
Fast, easy, and great service. I was looking for a small loan for a new family car and compared rates and costs. Pepper Money offered more flexibility and better terms than my bank. The whole process, from application to disbursement of funds, took just two days.
The important legal bits
Information is correct as at 23 September 2026 and subject to change at any time.
Information provided is factual information only, and is not intended to imply any recommendation about any financial product(s) or constitute tax advice. If you require financial or tax advice you should consult a licenced financial or tax adviser.
All applications are subject to credit assessment, eligibility criteria and lending limits. Terms, conditions, fees, and charges apply.
Interest rates, fees, charges, terms and conditions apply only to loan applications submitted via peppermoney.com.au. Different interest rates, fees, charges, terms and conditions apply to loan applications submitted via other channels.
* Assessment timeframes vary depending on individual circumstances.
