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

 

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











Running on Pure Adrenalin by Sanctuary Cove International Boat Show,


Singapore Yacht Show – it’s a wrap. by Guy Nowell, Sail-World Asia, Hong Kong






Pontoon Boats are a hit with families and entertainers by Sanctuary Cove International Boat Show,










Glacier Bay returns to Australia, re-launching at SCIBS by Sanctuary Cove International Boat Show,








Singapore Yacht Show 2014. Boats to make your eyes pop. by Guy Nowell, Sail-World Asia, Singapore










Power to the people at Sanctuary Cove International Boat Show by Sanctuary Cove International Boat Show,


SCIBS VIP lounge back bigger and better in 2014 by Sanctuary Cove International Boat Show,




Singapore Yacht Show 2014. And another thing… by Guy Nowell, Sail-World Asia, Singapore














Charlotte Harbor Super Boat Grand Prix - 2014 Season Opener
Mercury’s new Verado 200hp Pro FourStroke – delivering even more
Stars emerge for Sydney International Boat Show *Feature
Living ship-shape on the 1.4km $10bn floating city
Hop online to get your fishing permit this Easter
Greg Norman announces global investor campaign for Great Keppel Island
Luxury Yacht Share Asia (LYSA) introduces fractional ownership to Asia
Humpback Whales - Non Lethal research
RYA Competent Crew Skills – Second edition now available
Mondo Marine invests in Chinese shipyard
Aqualuma partners with ASMEX 2014 for Welcome function
Kaohsiung to welcome the world for 1st Taiwan International Boat Show *Feature
Changed boating conditions for ski race on Clarence River
Royal Victoria Cup - Cable, Hockney and Shipley victorious
Channel 7 stage returns to Sanctuary Cove International Boat Show
Hainan Rendezvous: suffering from a hangover?
Palm Beach International Boat Show shows healthy attendance
Brisbane Tinnie & Tackle Show - this weekend!
Coastal infrastructure and species loss - Climate Change consequences *Feature
rescueME PLB1 – safety assured in one compact, light package *Feature
Japan's Antarctic whaling program harpooned   
All Marine Spares hits the boat show trail in a trailer *Feature   
Royal Victoria Cup to take place this weekend   
Rowers and ferry masters encouraged to share waterways safely   
Go crazy about whales in a special family fun day at the museum   
New generation trawler boats - tradition with a twist   
Arvor releases new Sportsfish range   
AIMEX focuses on commercial show in Asia   
Further Australian growth for Stabicraft   
Southport Yacht Club will host a free 'Discover Sailing Day'   
Melbourne Boat Show earlier this year - 12 to 16 June   
FinScan digital switching fitted to new rescue vessels   
Kids' Zone a drawcard at Brisbane Tinnie & Tackle Show   
Brisbane Tinnie & Tackle welcomes Engel as stage sponsor   
BIAV appoints new GM   
Trash to Treasure - A seafood story   
Amazing Whales – Evolution and survival opens tomorrow   
Maritime Alert - Dangerous conditions forecast for NSW boaters   
PWC riders brave South Island waters raise $93,000 for melanoma fight   
Solar1 Monte Carlo Cup to take place this July   


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 WAS PBW