WHY UDC?
Here are some reasons why our customers trust us to help them get moving.
Here are some reasons why our customers trust us to help them get moving.
Boat finance rate of 10.15% p.a.
Outboard motor and trailer boat financing
Flexible loan terms from 1 to 5 years
We’ve been around for over 80 years
Manage your loan online with myUDC
Disclaimer
This information is provided for illustration purposes only and the results are based on the accuracy of information provided. Any calculations made by this calculator are intended to be used as a guide only. It does not constitute an offer of finance from UDC. As this is only a guide, it is suggested that you contact a UDC Representative on 0800 322 888 to obtain a more accurate quote. Your application is subject to UDC's credit approval process and lending criteria. Additional fees and charges may apply. UDC will not store the information provided in this calculator. UDC does not accept any responsibility for any loss, costs, or liability directly or indirectly incurred by persons who rely on any amount calculated by this calculator.
Disclaimer
Three easy steps to apply for a boat loan.
Once you're all set up you'll be able to manage your loan, quickly apply for new lending, and keep on top of your upcoming payments.
If you have any questions these frequently asked questions may be able to help?
Can anyone apply for a boat loan?
Yes, anyone who is a New Zealand citizen or has a New Zealand resident visa can apply for a UDC Loan. You also must be at least 18 years old when applying. All loans will be subject to both our lending criteria and responsible lending inquiries being made.
Do I need to have a deposit before I apply?
Not always, UDC can consider financing up to 100% of the purchase amount if required. All loans will be subject to both our lending criteria and responsible lending inquiries being made.
Can I get a loan approved while still looking for the boat I want?
Yes. You can apply for a conditional approval to know how much you can borrow before you go shopping for a boat. You can apply for the amount you think you need, if approved, you can use your conditional approval at any reputable boat dealer, or we can pay for a private purchase on your behalf. A conditional approval is valid for 30 days for consumer loans and 90 days for business loans.
How much can I borrow?
UDC's minimum loan amount is $10,000. You can use our online calculator to estimate what repayments will be and to ensure that they are affordable for you.
Can I use the loan to buy a boat privately?
Yes, and we can finance boats purchased through auctions such as Trade Me.
Disclaimer: This information is provided for illustration purposes only and the results are based on the accuracy of information provided. Any calculations made by this calculator are intended to be used as a guide only. It does not constitute an offer of finance from UDC. As this is only a guide, it is suggested that you contact a UDC Representative on 0800 322 888 to obtain a more accurate quote. Your application is subject to UDC's credit approval process and lending criteria. Additional fees and charges may apply. UDC will not store the information provided in this calculator. UDC does not accept any responsibility for any loss, costs, or liability directly or indirectly incurred by persons who rely on any amount calculated by this calculator.
Existing customers can quickly and easily complete an application through myUDC.
