Boat & Marine finance

Simplify streamlines both the online loan comparison and application journey, providing a straightforward, hassle-free and transparent process.  We offer both the ability to transact online and with a trusted loan expert. We compare and provide you tailored solutions based on your profile.

You can view our full fees and charges guide. Typical fees may include:

• Establishment fee

• Early repayment fee (sometimes waived)

• Administration fee

We’ll always be transparent so there are no hidden costs. You can view the fee schedules, rates and terms for Simplify loans on our website here Fees and Charges.

Not always. Some lenders prefer a deposit, as it reduces risk and lowers your repayments. However, many customers are approved without one. If you can pay a deposit, it usually means:

• Lower interest costs overall

• Smaller monthly repayments

We like to find solutions for everyone.  You will need to be able to provide evidence of your income as part of your application, this may be through bank statements, IRD Statement, your financial accounts or accountant. 

Many of our customers are approved within minutes. At most, it usually takes up to the next business day, depending on how quickly you provide documents.

Depending on your individual circumstances this can vary. The lender will determine the rate when completing your loan assessment.  It is our job to negotiate the best terms available to you, so you don’t have to.  An indicative guide of what your rate could be will be provided before submitting your application to a lender to ensure you are comfortable with the repayments and terms proposed. To get an estimate of what your loan term, rates and repayments could be, visit our loan calculator.

Your privacy is important to Simplify and we invest heavily in our technology and data protection. You can view our Privacy Policy which provides you with information on how we collect, use and store your personal information. Please take a moment to read this policy and understand it.

Yes — Simplify can help you compare finance options for a standalone boat motor or engine, not just a complete boat package. Rates and approval depend on the engine's age, value and your personal circumstances, so compare tailored quotes from our panel of NZ lenders to see what you could borrow.

Yes — our boat loan panel includes lenders who finance older and used boats, not just new ones. Approval and rates depend on the boat's age, condition and value, so compare tailored quotes to see what's available for your specific boat.

Yes — a Simplify boat loan can also be used to finance a jet ski or other personal watercraft (PWC), as well as boats, sailboats and other marine craft. Compare tailored loan matches from our lender panel to find the right option for your purchase.