Want to finance your next marine purchase?
Some clients are looking to enjoy their retirement or leisure time with a superyacht, day boat or speedboat purchase. Other business clients are looking to get a commercial proposition of the ground with new ferries, and others are looking to upgrade their fleet with new service vessels, fishing boats or specialist harbour vessels. Marine finance is designed to meet the cost of these purchases, with loans that begin from around £50,000 and which go up to £20 million or more, depending on the vessel being purchased.
We can provide funding for other boats and marine assets too, including:
- Barge finance, Narrowboard finance and Widebeam finance
- Hire boats and day charters (e.g. for fishing/angling)
- Powerboat finance
- Rigid Inflatable Boat (RIB) finance
- Yacht finance
Typical marine funding rates
Marine mortgage rates vary widely according to the lender, the applicant’s situation and the marine asset in question. Applicants can choose from variable or fixed interest rates, balanced payment plans and the option for balloon payments where required at the end of the term (for example, to lower monthly repayments.) Boat loans can also be secured with other vessels or assets in a chattel mortgage arrangement. We can also offer refinancing deals for existing marine assets. Contact us to find out the latest rates that lenders are offering for marine assets.
Other sectors we finance
Hank Zarihs Associates are expert brokers in the development and investment funding markets. We offer access to specialist finance that includes aviation finance, all kinds of property and development finance, VAT loans, general and specialist business loans (first and second tier) and a wide range of other valuable funding products available to individuals, investors, landlords, developers, businesses, trusts, pension fund applicants and more.
Speak to our experts about boat financing
For guaranteed boat finance UK wide, please contact the team at Hank Zarihs Associates today on +44 (0) 20 3889 4403, from Monday to Sunday, 9 am till 9 pm. Alternatively, please complete the web callback form and we will be happy to get in touch at a time that better suits you. Remember, you could have your marine funding illustration within the hour and your finance arranged within just a week – allowing you to move ahead with your leisure or business plans without delay.