Marine Finance

More and more boats are sold on finance as people take the opportunity to buy a larger/newer boat without using up capital.

We recommend CGI Finance via the UK office the team General Yachting & Leisure Finance as our preferred finance company. This is due to competitive rates & the comprehensive portfolio of products available.


Typical terms:

  • • Terms available between 36 & 180 months (3 - 15 years), depending on the age of boat and amount borrowed.
  • •The minimum purchase price of a boat is £30,001.
  • •The maximum amount you can borrow is 70% of the value of the vessel.
  • •All vessels must be no older than 25 years old by the end of the loan term.


Below is a comparison of all the finance companies that we regularly work with:


Company They say We say Link
One of Europe’s largest Marine Financiers , uniquely offering both Fixed & Variable Rate Finance options on New & Used Boats. Terms are available from 3 to 15 years depending on the age of the boat you consider. They are our first choice for a reason! More Details
 
Close Brothers Aviation and Marine is an experienced provider of flexible finance for a wide range of leisure and commercial vessels. Close are fantastic are dealing with more complicated personal income situations and take time to understand a customer completely. The rates are sometimes higher but they get the job done- Our No 2 preferred lender. More Details
 
Inland & Offshore boat finance specialists. No deposits required, secured and unsecured options. Easy online application with a quick decision and flexible terms. Fast and flexible with higher rates than the big boys. More Details
 
Ideal for a sale advance or short term loan, FundingSecure offer loans secured against assets. This is ideal for 6 month bridging loans on boats with a higher APR. More Details
 
Promarine Finance provide a 30 minute turn around with loans from £5k to £150k. We provide a straightforward flexible and friendly approach to help you to buy the boat you really want. A great company for Sub £150k advances. Rates are higher than Lombard but a quick and efficient service. More Details
 
We are the finance division of Weatherbys bank and offer individual service with a sensible and flexible approach to marine financing. A more personal individual approach than the big boys, slightly higher APR's but great service. More Details
 
Moorgate Finance is a brokerage specialising in a number of premium sectors. As a brokerage, we will find the best finance package for your business without you having to do all the running around. New to the marine sector, so keen to get new business. More Details
They say

One of Europe’s largest Marine Financiers, uniquely offering both Fixed & Variable Rate Finance options on New & Used Boats. Terms are available from 3 to 15 years depending on the age of the boat you consider.

We say

They are our first choice for a reason!

They say

Close Brothers Aviation and Marine is an experienced provider of flexible finance for a wide range of leisure and commercial vessels.

We say

Close are fantastic are dealing with more complicated personal income situations and take time to understand a customer completely. The rates are sometimes higher but they get the job done- Our No 2 preferred lender.

They say

Inland & Offshore boat finance specialists. No deposits required, secured and unsecured options. Easy online application with a quick decision and flexible terms.

We say

Fast and flexible with higher rates than the big boys.

They say

Ideal for a sale advance or short term loan, FundingSecure offer loans secured against assets.

We say

This is ideal for 6 month bridging loans on boats with a higher APR.

They say

Promarine Finance provide a 30 minute turn around with loans from £5k to £150k. We provide a straightforward flexible and friendly approach to help you to buy the boat you really want.

We say

A great company for Sub £150k advances. Rates are higher than Lombard but a quick and efficient service.

They say

We are the finance division of Weatherbys bank and offer individual service with a sensible and flexible approach to marine financing.

We say

A more personal individual approach than the big boys, slightly higher APR's but great service.

They say

Moorgate Finance is a brokerage specialising in a number of premium sectors. As a brokerage, we will find the best finance package for your business without you having to do all the running around.

We say

New to the marine sector, so keen to get new business.