Charter Boat Finance
Finance for charter boats and charter fleet additions - bareboat sailing yachts, skippered motor yachts, RIB charter, and passenger vessels. Specialist marine lenders who understand charter income, MCA coding requirements, and the seasonal nature of charter revenue.
The right structure for every charter boat requirement
Bareboat Charter Yacht Finance
Finance for sailing yachts and catamarans added to a bareboat charter fleet. Bavaria, Beneteau, Jeanneau, Lagoon, and Fountaine Pajot are the dominant charter fleet brands. Specialist lenders who understand charter yield and seasonal income.
Skippered Charter Motor Yacht Finance
Finance for motor yachts used in skippered charter. MCA coding requirements (MCA Cat 2 or 3) must be in place before commercial operation. Finance for the vessel alone or alongside refit costs.
Passenger Vessel & Day Charter Finance
Finance for day charter vessels and passenger excursion boats. MCA passenger vessel coding, insurance, and licencing requirements addressed - specialist lenders who understand day charter income.
RIB & Powerboat Charter Finance
Finance for commercially coded RIBs and powerboats used in watersports instruction, safety cover, and commercial charter operations.
Charter Fleet Addition Finance
Finance for operators adding vessels to an established fleet. Fleet track record and existing charter income demonstrably support new vessel applications. Specialist lenders recognise established charter operators.
Seasonal Income Structuring
Charter income is seasonal - peak summer revenues, low winter income. Specialist marine commercial lenders structure repayment schedules around the charter season rather than demanding equal monthly payments.
How it works
Vessel and charter details
Vessel type, MCA coding status, charter area, bareboat or skippered, existing charter income, and operator track record.
Commercial lender sourcing
Commercial charter vessel lenders from our panel. Charter finance takes slightly longer than leisure - indicative terms within 48-72 hours.
Income assessment
Charter projections or track record reviewed alongside the vessel survey. Specialist lenders assess the charter business viability alongside the asset value.
Completion
Commercial marine finance documentation and security registration.
Ready to discuss Charter Boat Finance?
Call 0204 6211776 or complete our enquiry form. Indicative terms typically within hours.
Frequently asked questions
Does MCA coding have to be in place before finance?
MCA Commercial Endorsement (Coding) should ideally be in place or the application in progress before finance completes. Lenders want confirmation the vessel can legally operate commercially before drawdown.
Can I use personal income alongside charter income for the application?
Yes - for owner-operator charter businesses, personal income, other business income, and charter projections are all assessed alongside the vessel value.
Is charter finance more expensive than leisure finance?
Commercial charter finance may attract slightly different rates than leisure finance, reflecting the commercial use and the additional lender assessment. The difference varies by lender and application quality.
Can I add a new vessel to my existing charter fleet?
Yes - established charter operators with documented income are among the strongest charter finance applicants. Track record carries significant weight with specialist commercial marine lenders.
Is VAT recoverable on a charter vessel?
VAT on a commercially operated charter vessel may be recoverable if the operator is VAT registered. This is a significant financial consideration - we recommend confirming the VAT position with a tax adviser before completion.
Explore related pages
Before you commit to a structure
Speak to an asset finance specialist
130+ specialist lenders. 8am-8pm, Monday-Sunday.