Recreational loans

Go on,
have some

Treat your adventurous side and your smart part with rates from 8.49% comparison 9.33% for excellent credit.

What can I use this for?
Choose your own adventure
  • Boat
  • Caravan
  • Motorcycle
  • Jet-ski
  • RV

The Wisr Difference

Not your average lender

We’re smart, with a big heart.

  • Your rate is tailored based on your credit score.

  • You’ll get an outcome that’s right for you.

  • With early repayment fees.

  • Learn how to keep them in shape.

  • Our customer service team is ready to help.

Loan Calculator

Doing the maths is smart

Calculate your repayments on a recreational loan.

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    Comparison rate
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Total Repayments$0.00
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Establishment Fee+ $0.00
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Interest Rate (p.a.)10.00%


For the part of you that learns from others


We keep it simple

  • 01

    Get your personalised rate estimate in 2 minutes

  • 02

    Apply online and get a response right away

  • 03

    Upload your documents

  • 04

    Sign on the digital line

  • 05

    Get your money within 24-48 hours

Product features and fees
  • Loan purpose

    Recreational loan

  • Interest rate

    Fixed from 8.49% to 23.29%

  • Comparison rate

    Fixed from 9.33% to 24.05%

  • Loan amount

    $5,000 – $62,000

  • Terms

    3, 5 and 7 years

  • Establishment fee


  • Features

    No early repayment fees

Eligibility criteria
  • Gross income over $25,000 p.a.
  • Over 18 years of age
  • No unpaid defaults last 5 years
  • No bankruptcies last 7 years
  • Not currently in financial hardship
  • Permanent Australian resident (living in Australia right now)

Q1: What can I buy with a recreational loan?

Whatever your adventurous heart desires. Well, not exactly. We do have some parameters. The most common purchases with a recreational loan are boats, jet-skis, motorcycles and caravans.

Q2: What if my loan is approved but the purchase falls through?

We hope this doesn’t happen – that would be a bummer! But if this situation does arise, get in touch with us as soon as possible and we’ll sort it out together.

Q3: Who is eligible for a recreation loan?

We have a few parameters that help us determine if we can lend to you responsibly. These include earning more than $25,000 annually, no recent bankruptcies or unpaid defaults and being a permanent Australian resident. You’ll find some more of the finer details above.

Q4: How is my rate calculated?

We like to see the full picture so we can offer you a rate that’s unique to you. We calculate your personalised interest rate based on a number of things – one of the main ones is your credit score. Not sure where yours is sitting? Check it for free here.


For the curious

  • Yes! Wisr specialises in financing boats, jet skis, caravans, and bikes bought in private sales. If you’ve got the dream, we can help make it happen.

  • The boring (but important) stuff