Boat & Marine Financing Malaysia

We finance boats from RM30,000 to RM5,000,000+. From jet skis and fishing boats to luxury yachts, we have financing solutions for various budgets and vessel types. Contact us for high-value yacht financing.

For used boats over a certain value (typically RM100,000+) or age (7+ years), a marine survey may be required. This protects both you and us by ensuring the vessel is seaworthy and fairly valued. Survey costs are typically RM 500-2,000.

Yes, we can finance the boat only. Alternatively, we can include the trailer in your financing package for a complete solution. Many buyers finance boat + trailer + electronics as a package deal.

We primarily finance Malaysian-registered vessels. Foreign-flagged boats may be considered case-by-case with proper documentation and re-registration plans. Singapore-registered boats with Malaysia berthing are evaluated individually.

Yes! We finance both recreational and commercial fishing vessels. Commercial boats may have different terms based on business use, income potential, and fishing license status. Discuss your commercial marine financing needs with us.

Comprehensive marine insurance is required for financed vessels. Coverage should include hull, machinery, and third-party liability. Marine insurance costs approximately 2-4% of boat value annually. We can recommend marine insurers.

Yes, we can finance marine engines, electronics, and major equipment as standalone purchases or bundled with vessel financing. Engine-only financing available from RM 20,000.

We offer terms up to 10 years for boats. Larger vessels (yachts, cabin cruisers) typically qualify for longer terms. Jet skis and smaller boats may have 5-7 year maximum terms. Longer terms mean lower monthly payments.

Standard documents: IC, income proof, 6 months bank statements, boat specifications/quotation. For used boats: ownership documents, MMEA registration (if applicable), recent photos. Commercial vessels may need fishing license and business documents.

Yes, we finance boats intended for charter operations. Your business plan, projected income, and experience are considered. Charter boats may qualify for commercial terms with potentially better rates due to income-generating potential.

Boat financing rates range from 8% to 15% per annum depending on vessel type, age, your profile, and down payment. Newer boats and higher down payments typically receive better rates. Contact us for personalized quote.

Yes! After 12-18 months of timely payments, you can trade in your current boat and upgrade. We refinance the balance and add funds for your new vessel. Many boaters upgrade as their experience and budget grow.