We could tailor a funding structure to your needs: we offer debt or leasing, including on or off balance sheet. Security is required over the vessel.
Security may be required. Product fees may apply. Finance is only available for business purposes. Any property or asset used as security may be repossessed or forfeited if you do not keep up repayments on any debt secured on it.
We can provide marine finance for commercial vessels to companies registered in the UK.
We're also able to provide funding to well established companies registered in Western Europe (e.g. the Netherlands, Germany, Scandinavia) and to recognised vessel operators with experienced management teams and UK offices or subsidiary companies.
Use a ‘chattel’ - boats and other assets as security for a loan, once the loan is repaid the mortgage is removed.
We finance a wide range of commercial vessels: from wind-farm boats to general cargo ships. Our solutions include fixed rate or fixed capital repayment mortgages with variable day-to-day interest.