How much can I borrow for a business loan?

Business loan amounts typically range from $20,000 to $5 million or more, depending on the lender, loan type and your business financials. Unsecured loans up to $500k are available for eligible businesses.

What is an unsecured business loan?

An unsecured business loan doesn't require property or assets as security. Approval is based on business revenue, cash flow and credit profile. These are faster to approve but may carry slightly higher rates than secured options.

How fast can I get a business loan?

Same-day and next-day business loan funding is available for eligible businesses. We work with lenders who can approve and settle within hours for urgent cash flow requirements.

Can I get a business loan with bad credit?

Yes. We work with specialist lenders who consider businesses with adverse credit history. Options include secured and unsecured loans with flexible criteria. Contact us to discuss your situation confidentially.

What can I use a business loan for?

Business loans can be used for working capital, stock purchases, equipment, staff wages, marketing, tax obligations, expansion costs, bridging cash flow gaps and more. Most lenders do not restrict the use of funds.

What is the difference between a secured and unsecured business loan?

A secured business loan requires assets such as property, equipment or receivables as collateral — this typically results in lower interest rates and higher borrowing limits. An unsecured business loan is approved based on cash flow, revenue and credit profile, with no collateral required, but rates are usually slightly higher.

Can I get a business loan for a startup or new business?

Yes, subject to lender criteria. Some lenders offer startup and early-stage business loans based on the director's personal credit profile, industry experience, or the strength of contracts and purchase orders in hand. Contact us to discuss what's available for your specific situation.

What is a business line of credit?

A business line of credit gives you access to a pre-approved amount of funds that you can draw on as needed and repay over time. Interest is charged only on the amount drawn, not the full limit — making it a flexible tool for managing cash flow, unexpected costs or short-term working capital needs.

Lowest Rates in Australia

Trusted by 10,000+ Businesses

Australia's Trusted Commercial Marine Finance Experts

Commercial Boat Finance

Name: Overdrive Funding
Address: 54 Miller St, North Sydney, NSW, 2060, AU
Telephone: +61417000316
Price range: Free
Rating: 5

Whether it's a single vessel or a growing marine fleet, our tailored solutions cover commercial boats, jetskis, yachts and vessels — with fast approvals, tailored repayments and better terms than banks and dealerships.

0417 000 316

Read our Google Reviews

Get an Instant Quote Today

Compare 80+ lenders in seconds. Free service. No credit impact.

Low doc (no financials) up to $500k Funding From $20k-$10m+ 80+ Lenders Compared No Long Forms Or Paperwork

95%

Approval Success Rate

$380M+

Total Volume Funded

Hour Decisions

Cost To Use Our Service

Commercial Boat Finance Has Never Been Faster Or Easier

Looking for the best rate on commercial boat finance? You've come to the right place. Our finance brokers secure competitive deals on boats and jetskis for businesses across commercial fishing, charter operations, tourism, aquaculture, ferry services, passenger transport, workboat operations, tug services, diving, whale watching and more.

Marine assets require specialist finance structuring given their value, use case and the limited number of lenders with genuine appetite for the sector. Overdrive Funding connects commercial operators with lenders experienced in commercial vessel, workboat and recreational marine finance.

We compare over 80 lenders to access competitive rates, flexible terms, and stronger approval opportunities — whether you're financing a new vessel, buying used, or refinancing an existing loan.

Our marine finance specialists understand the industry and structure deals to suit your cash flow, with options including chattel mortgage, commercial hire purchase, finance lease and low doc solutions up to $500k.

Get in touch with Simon and our experienced team today for a free, no-obligation quote and discover how much you could save on your commercial boat finance.

Vessels We Finance

We arrange finance for all new and used marine vessels:

Commercial fishing boat finance
Charter vessel finance
Workboat finance
Jetski finance
Yacht finance
Ferry finance
Tugboat finance
Aquaculture vessel finance
Diving and whale watching vessel finance

Range Of Solutions

We provide custom solutions to support your business at every stage of growth:

No doc boat finance
Low doc boat finance
Used boat finance
Chattel mortgage
Marine asset lease
Commercial hire purchase
Boat refinance
Fleet marine finance

Unbeatable Rates — Always Compare Before Signing

We're known for securing the cheapest boat finance rates, consistently beating quotes from banks, dealerships, and other brokers. Through our free boat loan comparison service, we'll compare any quote against our panel to secure you a lower rate with reduced repayments. Never rely on a verbal interest rate. Many lenders advertise attractive headline rates without disclosing all fees and charges, making finance appear cheaper than it really is. That's why it's essential to compare actual repayments, as they reveal the true cost of the loan. If you've received a quote, send it through for a free review. We'll break down the interest rate, repayments, fees, loan structure, and total cost, identify any hidden charges, and let you know if a better deal is available. A few minutes spent comparing finance options could save your business thousands over the life of the loan.

Why Use A Marine Finance Broker?

At Overdrive Funding, we do more than arrange marine loans — we help businesses secure the right finance solution to support growth and improve cash flow. Rather than being limited to one bank, we compare over 80 lenders to access competitive rates, flexible terms, and stronger approval opportunities. Whether you're financing a single vessel, a commercial boat, or an entire fleet, we tailor marine finance solutions to suit your business needs. Our goal is simple: make marine finance faster, easier, and more affordable while helping you secure the best possible outcome.

Call Simon Now

Can't Be Beaten On Price Or Service

Want the best deal on boat finance? We're known for delivering low rates in all major cities and surrounding regional areas across NSW, VIC, QLD, WA, SA, TAS, ACT and NT.

Sydney

Melbourne

Perth

Brisbane

Gold Coast

Adelaide

Canberra

Darwin

Tasmania

Overdrive vs Bank

Bank Rates Without the Wait

Why businesses and owner-operators bypass the bank for boat finance:

Not every business fits a bank template. A bank gives you one rate card, one credit policy and one solution.

Overdrive Funding provides access to all the major banks, commercial lenders and a complete suite of asset finance solutions. Lenders compete for your application, you choose the offer that suits.

One application. Multiple lenders. Endless possibilities.

GOING THROUGH OVERDRIVE FUNDING

MULTIPLE LENDERS, ONE APPLICATION

GOING TO BANK

ONE RATE, ONE CREDIT POLICY

Access to 80+ lenders through a single application

Single bank's rate card, no comparison

Vessels of various ages and types financed

Limited appetite for marine assets

Streamlined process with lender-specific requirements

Often requires full financials and documentation

Various credit profile appetites across multiple lenders

Owners with impacted credit often not accepted

Pre-approval target within 24 hours

Slower assessment, often 5-10 business days

Flexible structures including balloon payments and repayments

Limited loan structure flexibility

Soft credit check during quoting, no score impact

Hard credit enquiry on every application

Access to specialist marine and commercial asset lenders

General credit policies not tailored to marine industry

Overdrive vs Broker

Not All Finance Brokers Are Equal

What makes Overdrive Funding different from a typical finance broker:

Any broker can submit an application. The difference is expertise, access, and service.

Overdrive Funding is a specialist in marine and commercial assets — with relationships across 80+ lenders including specialist marine financiers most brokers don't have access to.

Our director works directly with every client. We're available 7 days a week, and we stay involved from enquiry through to settlement and beyond.

OVERDRIVE FUNDING

SPECIALIST BROKER, PERSONALISED SERVICE

TYPICAL FINANCE BROKER

LIMITED PANEL, GENERALIST APPROACH

2-4 options to choose from

Gives you one option at high rates, tells you this is the best deal

Access to every commercial lender including specialist marine financiers

Limited lender panel of 10-30 lenders

Deep expertise in marine and commercial vessels

Generalist approach, no marine specialisation

Simon, Director, works personally with every client

High staff turnovers in large brokerage firms

We work for our clients and on their time, no pushy sales or rush

Sales and volume-focused, not looking out for your best interest

Direct # available 7 days a week including after hours

No direct numbers with offshore or remote support teams

Full support through settlement and post admin, including payouts etc

Limited involvement after loan is settled

Our Simple Process

01
Consult, Offer & Decide Together
Speak to one of our experts about your business needs, and we'll offer tailored finance options, ensuring we secure the best rates for your specific asset and situation. We'll go over terms and decide which is the best solution for you.
02
Conditional Approval
We conduct a soft-touch evaluation of your profile to match you with the right lender for pre-approval. Once you're pre-approved, you can shop confidently for 90 days. If you've found your vessel, we'll initiate the process and take care of all the admin.
03
Sign Documents and Get Funded
When the lender is prepared to settle, you'll receive the contract for your review and signature. After settlement, it's time to take delivery of your vessel.
04
On-Going Support
Once your loan is completed, we'll support you with any related admin, such as payouts, statements, etc.

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FAQ

Commercial Boat Finance — Frequently Asked Questions

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