Everyone wants a toy! We can get you into your dream motorcycle, caravan and camper, jetski or boat quicker and easier than you think. Ask us how.
Low rate marine finance for for your dream boat, yacht or jetski.
Looking for a a new or used scooter, motorcycle, quad or dirt bike?
Your next adventure awaits. Loans for caravans, RVs and campers.
Flexible loans to finance your next holiday, renovation or hobbie.
Westcorp will set you on your next adventure with over 20+ lenders and finance products, we will find the perfect match in minutes.
What are the requirements for qualifying for a leisure loan?
This is similar to car loans but the lenders generally look deeper into your financial position. Saying that, if you can afford it, they will do it for you as long as you meet their normal lending requirements and the type of loans available for leisure is the same as cars so lets go and have some fun, this is why they dont view leisure loans as essential. Nevertheless, we do a lot of them each month and the lifestyle you hat life's all about.
What is the process for applying for a leisure loan?
The process of applying for a leisure loan is not much different from applying for a car loan. We fill the application with you over ten minutes or so, collect the supporting documents and then provide you with a proposal to approve so we can get the lender’s approval and arrange the paperwork for you. You can sign it all electronically without disturbing your normal daily routine. Leisure loans are generally for personal use but can also be done for business use.
What are the typical interest rates for a leisure loan?
The interest rates for leisure loans are hardly ever different from a car loan, we have many lenders who provide leisure loans. The rate is more in line with your credit score and your credit history. Another thing to keep in mind is that some lenders increase the rate for older goods but we will guide you through that maze to find the best we can for you.
Are there any restrictions on how the funds from a leisure loan can be used?
We can arrange different types of loans for you, if your purchase is the security for the loan, all the funds will go to the seller and you simply pay that back to the lender. If you need more funds for different accessories etc. we can arrange a personal loan for you for a greater amount being unsecured or partly secured so you get the extra flexibility and we split the fund between the seller and yourself.
I meet all three requirements above.