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:
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Coastal Ships
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Commercial Barges & Boats
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Day Charter Boats for Angling & Diving
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Ferries
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General Purpose Workboats
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Harbour Vessels
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Hire Boat Fleets
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Leisure Barges
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Narrowboats
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Powerboats
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Sailing Yachts
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Superyachts
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Support & Supply Craft
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Survey Vessels
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Tugs
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Windfarm Boats
Terms
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Purchase, refinance, rebuild or refurbishment finance
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Pre-owned vessels require survey & valuation
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Age of boat – typically up to 25 years at end of agreement
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Deposits: typically from 20-40%
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Part 1 registration required for advances over £50,000 &/or vessel used outside UK
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Advances: from £25,000
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Terms: Up to 7 years, can include balloon
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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:
- Last 2 years accounts, not abbreviated
- Latest management accounts for the year to date
- As much detail on the asset as possible. To include manufacturer, model, age and value.
- 6 months bank statements
- A completed Finance Application Form
- A completed Client Agreement
- A completed Personal Information Form
- A completed Personal Asset & Liability Statement





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Contact us today
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.