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Marine finance

A straightforward approach to marine finance

Finance is an essential ingredient for driving business growth. That’s why several of the UK’s largest workboat operators come to us. From providing funding solutions for the purchase of new vessels to dedicated support, our marine finance experts offer a valuable range of services to help vessel owners achieve their goals.

If you’re registered in the UK and are an established business, typically with five vessels or more, discover how you could gain an extra edge by bringing our wealth of sector experience on board.

5 reasons to choose our finance solution*:

  • Loans are available from £500,000 to £50 million
  • You could access up to 70% loan to value of your whole business fleet if we're the sole provider of finance
  • Loans available in all major currencies
  • Various loan terms available (up to 12 years)
  • Repayments tailored to your cash flow receipts and affordability

* Subject to status and eligibility. Please refer to important information below.

Please note that security may be required. Any asset used as security will be at risk if you break the agreement and may be sold to repay your debt.

Helping you finance a range of commercial vessels:

  • Workboats
  • Crew transfer vessels
  • Tugs
  • Barges
  • Offshore support vessels
  • Ships under 10,000gt.

What sets us apart?

Supported by our experts, you could raise the finance needed to purchase one or more vessels. However where you’ll really see the difference is if you choose us as the sole provider of marine finance for your business. That’s when we’re able to consider the needs of your full commercial fleet. And there are big advantages to be gained.

Making more finance available

With finance available across your fleet, we could lend up to 70% of the value of the full fleet – allowing you to potentially utilise the equity within the vessels you own as a partial contribution towards any additional vessel purchase.

What's more, seeing the bigger picture means we can work with you to identify and help achieve your business goals. This often allows us both to commit to the finance in advance, letting you confidently pursue a planned expansion programme or vessel purchase with the funding in place.

Everything managed under one roof

If you choose to have your loans all in one convenient place, it could save you time and effort. This way you avoid having to track multiple repayments and negotiate different terms with multiple lenders.

A multi-finance provider approach

Our alternative, straightforward approach

We’re here to help

To take advantage of our marine finance expertise please contact us.

Important information

Terms and conditions apply. All loans are subject to status and applicants must be aged 18 or over. The Bank only provides information on the products, services and transactions provided by it or a member of the Bank's group. It is your responsibility to seek any financial, tax and /or legal advice that your require. Any decision to enter into a transaction with us is on the basis that you have made your own assessment, with or without additional professional advice, of the suitability of the product for your requirements.

Head of Marine and Transport

Head of Transport - Matthew Smith
Matthew Smith

Telephone:
07500089213

Email

Director, Marine

Karen Perriman

Telephone:
07823444506

Email