> Powerboat-World.com
 
 
News Home Video Gallery Newsletters FishingBoating Features Photo Gallery Sail-World Australia Australian Cruising
MarineBusiness-World

 

Sail-World.com : The Boat Shows are coming- ring Finlease!

The Boat Shows are coming- ring Finlease!

'Sanctuary Cove Marina'    Sanctuary Cove International Boat Show    Click Here to view large photo

Two of Australia’s biggest boat shows are coming and so it’s time to sort out your boat finance arrangements. Specialist boat finance provider Finlease will be an active presence at both the Sanctuary Cove Boat Show (Thursday 22nd May-Sunday 25th May) and Sydney International Boat Show (Thursday 31st July-Tuesday 5th August.) Expect to see the well known Finlease houseboat office open everyday at SIBS from 10am to late- it’s just like having a bank at the marina. And the good news is that if you see the boat of your dreams at either show there’s a good chance Finlease can get you an offer of finance within 24-48 hours…

‘A three to four minute conversation with one of my people is going to give you an indication of what sort of payments would be involved in that sort of purchase and the likelihood of an approval’ explained Finlease principal Mark O’Donoghue.

Sydney International Boat Show 2007 -  Sydney International Boat Show?nid=44514_.  
‘I would say in 85% of cases we can say to a client ‘if everything you’ve told me is correct, then you’ll be approved.’ You can leave us with great confidence that if you want to buy that boat, yes you can.’

Once you contact Finlease and let them know your requirements they will search out the best boat loan product from over twenty different finance providers. Then it’s up to you whether you choose to go ahead with it or not. If you decide not to go ahead with the loan, there is no charge- it’s a free service.

‘We happily seek approvals and deliver results to clients, then they can decide whether they want to use them or not’ said O’Donoghue. ‘We’re happy to do the work because we know that in the vast majority of cases it’s taken up.’

Although Finlease is known primarily as a marine industry financier, boat loans only make up 15% of their annual turnover. O’Donoghue started Finlease back in 1989 as a machinery and equipment financier for manufacturing companies and now has an annual turnover in excess of $300 million. To many of Finlease’s long term clients the company has become something like a private bank.


Finlease’s house boat office at Sydney International Boat Show -  htttp://Finlease?nid=44514   Click Here to view large photo
'We’ve have clients that we’ve had for twenty years. We’ve financed everything that they require; we’ve done all of their machinery, all of their property finance, all their motor cars and if they needed debtor discounting we’ve done that too. We’ve pretty well operated as their entire bank…’

O’Donoghue stresses that a key aspect of Finlease’s service is their advocacy role- they will negotiate on your behalf with a range of lenders to ensure that you get the best deal. Once you have provided them with your financial information it’s easy for them to approach a range of lenders and argue your case.

‘We spread their requirements over a number of financiers so they don’t have one bad marriage- they have a series of good relationships.’

Dealing with just one lender can create a situation where there is an unequal power relationship between the client and the finance provider. O’Donoghue is acutely aware of this and drew an analogy between an unsatisfactory financial relationship with one lender and a bad marriage; people stay in a situation they are unhappy with simply because of the complexities and expense of extricating themselves.

‘If you’ve got all of your things with one bank, you tend to find that the tail wags the dog.’

Sanctuary Cove Boat Show from the air -  .. .  
Then there is the associated problem of a lender providing a client with financial advice or options that may not always be in the client’s best interest. Finally there is the fact that brokers such as Finlease use their buying power in the market to facilitate competition between lenders, driving a higher standard of customer service and usually a better outcome for the client than they can source directly.

See http://www.finlease.com.au for further details, call their friendly team on 1800 358 658 or see them dockside at the Sanctuary Cove Boat Show (At the entry to Arm A) and Sydney International Boat Show at the Finlease Houseboat in the North Eastern corner of the Marina next to the bridge.

Riviera display at SIBS -  Riviera?nid=44514_.   Click Here to view large photo




by Jardine Media

  

Click on the FB Like link to post this story to your FB wall

http://www.powerboat-world.com/index.cfm?nid=44514

5:05 AM Mon 19 May 2008 GMT






Click here for printer friendly version
Click here to send us feedback or comments about this story.


Related News Stories:

28 Jul 2009  Storm clouds clearing in marine credit storm: Finlease
11 May 2009  North South Yachting, SailCorp, Finlease –Yacht Ownership Open Evening
17 Mar 2009  Boat bargains are beginning to surface
16 Oct 2008  Financial Health Check required?
07 Oct 2008  Boat ownership with the right finance solution
31 Jul 2008  It’s a buyer’s market!
03 Apr 2008  Finlease’s famous free breakfasts at SIBS
17 Mar 2008  Charter boat finance made simple
17 Mar 2008  Charter boat finance made simple
24 Feb 2008  Need a boat loan? More about boat financing
MORE STORIES ...

Power Boat News

























Understanding the Ocean's role in Greenland Glacier melt by Woods Hole Oceanographic Institution (WHOI),


Dangerous conditions for boating on entire NSW Coast by Transport Roads and Maritme Services,


Revealing report on Search for American yacht Nina released *Feature by Rob Kothe and the Sail-World team,












AYSS PacificNet/Tahiti voted a success! by Asia Pacific Superyachts,














Dangerous conditions forecast for NSW boaters by Roads and Maritime Services,


APSNZ appoints Duthie Lidgard as new MD by Asia Pacific Superyachts,


Whale freed from rope at Byron Bay by Department of Agriculture, Fisheries and Forestry,








Marine Auctions experiencing rising tide of interest *Feature
Tags reveal Chilean devil rays are among ocean's deepest divers
Auckland On Water Boat Show to hold world record attempt
Zodiac at Sydney International Boat Show 2014 – Australian
Gold Coast International Marine Expo - Exhibitor space filling fast
Ceramic coated exhaust manifolds reduce engine bay temps on superboat
Reminder of safe distance requirements for whales
Changes to Australian bass closed season
Fusion achieves industry-wide acceptance of FUSION-Link
BSE Brisbane Slipways open for business as normal
Honda’s everywhere at Sydney International Boat Show!
Fifth round of XCAT World Powerboat Series moves to China
Sly 43 - Making her Australian premier
Maritimo full of confidence following recent wins
Australia event cements its position as hosting 'the' marina party
Up close and personal with whales on the Gold Coast
SA Marina Day encourages South Australians to enjoy their marinas
Southport Yacht Club raffle: Dusit Thani, BRIG Falcon, Marriott stay
Enjoy the whale spectacle, just keep your distance
The Dinghy Nav Light Solution- a brilliantly dumb idea
Extension granted for salvage of a paddle steamer on the Murray River   
Sydney International Boat Show set to embrace new location   
Thermal imaging helping bulk carriers avoid collisions in port and in   
Third CYCA Solas Trusts grant to Australian Volunteer Coast Guard   
CruiseCraft adds Explorer 595 Hard Top   
Severe weather warnings prompt reminder to boat owners   
Be won over by the new Azimut 50   
Predictwind unlocks more features on free accounts   
Tammy Wolf and Mercury's Formula 2 Powerboat on to Divisional Champion   
Monaco Yacht Show 2014 - the biggest superyacht show ever   
Biggest Display ever and 18 launches at SIBS   
Gold Coast International Marine Expo helps Sailability grant FREEDOM   
Exhibitors heat up for Cannes Yachting Festival   
Benetti 108 tri-deck Tradition Supreme will launch in Cannes   
St Kitts open for superyacht business   
Marine World Sales: The latest in buying and selling marine online   
UIM XCAT - Massive fight from Fazza secures fourth consecutive title   
Peters & May launch Mediterranean and USA to East Coast Australia   
Lifejackets are imperative: don't rely on sheer luck   
XCAT World Series - Qatar Team claim second successive victory   


For this week's complete news stories select    Last 7 Days
   Search All News
For last month's complete news stories select    Last 30 Days
   Archive News







Sail-World.com  


















Switch Default Region to:

Social Media

Asia

Australia

Canada

Europe

New Zealand

United Kingdom


http://www.sail-world.com/event_images/image/Twitter_logo_small.png   http://www.sail-world.com/event_images/image/RSS-Icon.png

United States

Cruising Northern

Cruising Southern

MarineBusiness World

PowerBoat World

FishingBoating World

 

Contact

Commercial

News

Search

Contact Us

Advertisers Information

Submit news/events

Search Stories/Text

Feedback

Advertisers Directory

Newsletter Archive

Photo Gallery

 

Banner Advertising Details

Newsletter Subscribe

Video Gallery

Policies

 

 

 

Privacy Policy

 

 


Cookie Policy

 

 



This site and its contents are © Copyright TetraMedia and/or the original author, photographer etc. All Rights Reserved.  Photographs are copyright by law.  If you wish to use or buy a photograph contact the photographer directly.
XLXL NEW PBW
LocalAds   DE  ES  FR  IT