Choose the arrangement that suits your needs
Once you've decided on the boat of your dreams, financing it is the next step. As a specialist provider of marine finance, we can help.
Balanced payment plan
Monthly repayments remain fixed throughout the agreement. The estimated term of the agreement will vary according to fluctuations in the interest rate. As well as sterling, we can offer this in both euros and US dollars. This can be particularly favourable if you have an income in these currencies, as there is no exchange rate risk.
Low start and interest only mortgages
With our low start mortgage, monthly repayments are lower in the first three years. They are then increased slightly each year to ensure full repayment over the agreed term. Alternatively, an interest-only period can be considered. Your payments will cover the cost of interest only for a certain period - for example 12 months - with the facility then reverting to capital and interest repayments for the remaining term.
Personalised packages
Depending on the level of borrowing, we can consider: a structured repayment mortgage tailored to individual cash flow requirements, a balloon payment mortgage, or a 15-year mortgage keeping monthly repayments lower over an extended term.
