Shawbrook Business Credit - Charter Vessel Business Finance Overview
Shawbrook Business Credit is a key lender on the Doulton Bridging Finance panel for charter vessel business and fleet finance. Their secured loan structures are designed for commercial charter operators - yacht charter fleets, RIB charter businesses, speedboat hire, fishing charter, dive charter, motor launch charter, and sailing charter operations across the UK.
For October 2026, Shawbrook is offering rates from 7.5–13% on charter vessel business finance, with facilities from £75k–£1m, maximum LTV of 75%, and terms up to 7yr. These are indicative rates - final terms are subject to underwriting and your specific circumstances.
Charter vessel business finance differs fundamentally from leisure marine finance. Lenders assess applications on the revenue-generating capacity of the charter business, charter contracts, booking data, and DSCR - not on personal income. Doulton Bridging Finance specialises in presenting charter business cases to lenders in a way that maximises approval rates and negotiates the best possible terms.
Shawbrook Business Credit Charter Vessel Business Finance Rates - October 2026
| Product | Rate | Facility Amount | Max LTV | Max Term |
|---|---|---|---|---|
| Secured Loan | 7.5–13% | £75k–£1m | 75% | 7yr |
Rates correct October 2026. Indicative only - final rate subject to credit and underwriting assessment. Representative examples available on request.
Strengths of Shawbrook for Charter Vessel Finance
- Flexible secured loan structure suits charter operators with unusual fleet compositions or complex revenue structures
- Strong appetite for seasonal charter businesses where summer/school holiday revenue dominates
- Can consider revenue-based underwriting using charter contract income as primary affordability metric
- Experienced underwriters who understand MCA coding, vessel survey requirements, and maritime insurance
Limitations to Consider
- Maximum £1m limits use to smaller or mid-size fleet transactions
- Maximum 75% LTV means 25% deposit or equity required - higher than Close Brothers or Lombard
- Secured loan structure may require additional property or asset security in some cases
Is Shawbrook Right for My Charter Vessel Finance?
Good fit for charter operators who don't fit the standard HP/lease mould - those with seasonal income, complex corporate structures, or slightly unusual vessel types. Shawbrook's flexibility on underwriting makes them a strong choice where other lenders decline or offer uncompetitive terms.
If you are unsure whether Shawbrook is the right fit for your charter vessel finance, our team at Doulton Bridging Finance will assess your case and identify the most appropriate lender or combination of lenders. We work across the full charter vessel panel simultaneously to ensure you get the best available terms.
Compare All Charter Vessel Business Lenders
We work with nine specialist lenders for charter vessel business and fleet finance. View the full comparison:
- Close Brothers - 7–11%, £50k–£3m, 80% LTV
- Lombard - 6–10.5%, £500k+, 80% LTV
- Shawbrook - 7.5–13%, £75k–£1m, 75% LTV
- Nucleus - 8–15%, £25k–£500k, 70% LTV
- Hampshire Trust - 7.5–12.5%, £150k–£2m, 80% LTV
- Paragon - 7–12%, £75k–£1.5m, 75% LTV
- Ultimate Finance - 8–14%, £25k–£500k, 70% LTV
- NatWest - 5.5–9.5%, £500k+, 80% LTV
- Arkle Finance - 7–12%, £30k–£750k, 75% LTV
Or see our best charter vessel business finance rates comparison page.