Credit One logo

Home Boat Finance Marine Commercial Hire Purchase

Choose Australia's Best Rated Finance Broker

Over 500 Five Star reviews on Google

Marine Commercial Hire Purchase hero banner

Marine Commercial Hire Purchase

Commercial Hire Purchase (CHP) is also known as a Corporate Hire Purchase, Hire Purchase or Offer To Hire, and is often abbreviated as CHP or HP.

How does a Marine Commercial Hire Purchase work?

  • Under a Commercial Hire Purchase (CHP) arrangement the financier agrees to purchase the boat on your behalf, and then hire it back to you over a set term.
  • You have use of the boat for the term of the contract but you are not the owner.
  • You take full ownership of the boat at the end of the term when the total price of the boat (minus any residual) and the interest charges have been paid in full.

Calculators

What are my repayments?

How much can I borrow?

At today's lowest boat finance rate of 5.89%,

you will pay approximately ...

$139.94
Apply Online Now

At today's lowest boat finance rate of 5.89%,

you can borrow approximately ...

$28,584.12
Apply Online Now

The information which you calculate from this Calculator is intended for use by you as a guide only. See more in our Disclaimer.

It is not an offer and has no legal effect on any contracts entered into by you ‘ the client’. This simulation and the resulting calculations do not constitute a loan application or offer. The figures and formulae used within this calculator may change at any time without notice.Should you apply for any Credit One product, we will make our own calculations and we will not necessarily take your calculations into account. All Interest rates are displayed ‘are guides ONLY’, repayments as a result of this simulation have no legal offering.Credit One accepts no responsibility for any losses arising from any use of or reliance upon any calculations or conclusions reached using the calculator.Information provided on this calculator does not constitute an offer of finance. Any loan request is subject to assessment against normal lending criteria. Fees and charges may apply. This calculation does not take into account any fees, charges or government taxes which may apply to either the calculation of the loan amount or the monthly repayments, such as GST or Luxury Car Tax (where applicable).

Protect against the unexpected

FOR A PEACE OF MIND

Insurance for Business

Speak to our specialists
OneSure Insurance Services logo in white

Meet Our Partners

We are accredited with the most reputable lenders and insurers in Australia giving you a fair choice to compare.

Our Lenders

Yellow stars from Feefo

Great Choice!

Amazing work. They worked amazingly to get me the best choice to suit me.

Margaret

Feefo logo

2019 Feefo Gold Trusted Award.

Need a fast tailored approval?

Let us compare them for you

Our finance specialists will save you time and money by comparing 40+ lending lenders to get you bank-beating finance