Marine Finance

Funding solutions for SMEs

Marine Finance

With over 20 years experience as funding specialists, SME funding UK Ltd can look to support the following Vessels

New or Used, Leisure & Commercial Marine:

  • Coastal Ships

  • Commercial Barges & Boats

  • Day Charter Boats for Angling & Diving

  • Ferries

  • General Purpose Workboats

  • Harbour Vessels

  • Hire Boat Fleets

  • Leisure Barges

  • Narrowboats

  • Powerboats

  • Sailing Yachts

  • Superyachts

  • Support & Supply Craft

  • Survey Vessels

  • Tugs

  • Windfarm Boats

Terms

  • Purchase, refinance, rebuild or refurbishment finance

  • Pre-owned vessels require survey & valuation

  • Age of boat – typically up to 25 years at end of agreement

  • Deposits: typically from 20-40%

  • Part 1 registration required for advances over £50,000 &/or vessel used outside UK

  • Advances: from £25,000

  • Terms: Up to 7 years, can include balloon

  • Customers: UK based & typically homeowners

Med-Based Vessels:

  • Typically value over £600,000
  • 40% deposit
  • Borrower must have UK connection
  • Interest only option

The documents requested so that we can make a start are as follows:

SME-Marine
SME-Marine2
SME-Marine3
SME-Marine4

You can upload your documents safely here:

  • Drop files here or
    Max. file size: 128 MB.
    • This field is for validation purposes and should be left unchanged.

    All personal information submitted herein are processed in accordance with UK data protection legislation.
    All feasible security measures are in place.

    Contact us today

    Let us reduce the risk and save you time and money sourcing funding for your business!

    SME funding UK Ltd is Authorised and Regulated by the Financial Conduct Authority – FRN: 772970

    We are a Member of the National Association of Finance Brokers (M/0122/16)

    We are also registered with the Information Commissioner’s Office (ZA209808)

    Please note SME funding UK Ltd are brokers and not a direct lender.