# Harmoney Purchase Boat — New Zealand

Start your time on the water

Marine finance typically requires the vessel as security, a marine survey, and specialised lending products with limited options.

Your boat, paid for with a straightforward personal loan. No marine mortgage, no vessel survey, no registration as collateral.

A Harmoney personal loan lets you borrow $10,000 to $100,000 for a boat, jet ski, or watercraft. The loan is unsecured — the vessel is not used as collateral, so there is no marine survey requirement and no lien on the title. Fixed rate, $0 monthly fees, $0 early repayment fees.

Harmoney holds Financial Service Provider licence FSP 593769.

Typical amount for this purpose: $10,000 – $100,000 — guidance, not a product limit; the loan amount range below applies.

## How purchase boat finance works

- Check your rate: A soft inquiry in as little as 2 minutes — no impact on your credit score.
- Choose your loan: Pick an amount and term that fits your budget.
- Get funded: 93% of approved loans are paid out within 24 hours. Subject to responsible lending inquiries.
- One repayment: Fixed weekly, fortnightly, or monthly — you choose.

## Buying a boat — what to consider

**Budget for running costs.** Mooring, insurance, registration, fuel, and maintenance add up. A common rule of thumb is 10% of the purchase price per year in running costs.

**Get a marine survey for used vessels.** A qualified marine surveyor can identify structural, mechanical, and safety issues that are not visible to a buyer.

**Check registration and title.** Ensure the vessel is not subject to existing finance or liens. A PPSR search can confirm this.

## Personal Loan (unsecured)

- Interest rate: 7.99% p.a. – 24.99% p.a. (fixed)
- Loan amount: $2,000 – $100,000 (increments of $100)
- Terms: 3, 5 and 7 year
- Repayments: weekly, fortnightly and monthly
- Establishment fee: $150
- No monthly fees, no early-repayment fee.

### Important information

Harmoney Services Limited (FSP593769). Dispute resolution: Financial Services Complaints Limited (FSCL) – a Financial Ombudsman Service, membership 5288.


The rate offered depends on your individual credit assessment. Fees, charges, terms and conditions apply.