Arkle Finance - Indicative Rate Table (October 2026)
| Finance Type | Indicative Rate | Min Loan | Max Loan | Max LTV | Max Term | Key Feature |
|---|---|---|---|---|---|---|
| Hire Purchase (MCA coded) | 7–9.5% | £25,000 | £750,000 | 75% | 7 yr | Specialist marine HP with competitive pricing for coded vessels |
| Finance Lease | 7.5–10% | £25,000 | £500,000 | 75% | 7 yr | Operating lease treatment available; balloon option |
| HP (used/older vessel) | 9–12% | £25,000 | £400,000 | 70% | 5 yr | Older vessels case by case; condition survey required |
Rates are indicative for October 2026 and subject to underwriting, vessel survey and credit assessment. Contact us for a personalised illustration.
About Arkle Finance Fishing Vessel Finance
Arkle Finance is a specialist asset finance provider with a genuine appetite for commercial marine assets including fishing vessels. Unlike the clearing banks, Arkle's credit team actively works with borrowers to find structures that fit the commercial realities of operating a fishing business - they understand quota systems, MCA coding, and the cyclical nature of fishing income in a way that generalist lenders often do not.
Operating in the £25k–£750k range, Arkle sits comfortably between the small-ticket fintech lenders and the large-ticket institutional funders. Their 7-year maximum term is in line with the specialist market, and their rates - from 7% for well-coded vessels - are competitive at this price point. The balloon option on finance lease products can reduce monthly repayments where the operator plans to sell or refinance the vessel before the end of term.
In October 2026, Arkle is a reliable second or third lender for mid-market fishing vessel transactions where Close Brothers or Hampshire Trust are fully utilised, or where the borrower profile requires a more flexible approach to underwriting. Their personal service and willingness to discuss complex cases sets them apart from more process-driven competitors.
Strengths
- Genuine marine sector expertise - underwriters who understand fishing operations, quotas and MCA requirements
- Balloon/residual value options on finance lease reduce monthly outgoings for operators planning to replace vessels
- £25,000 minimum makes Arkle accessible for smaller inshore operators and equipment add-ons alongside a main vessel finance
- Personal, relationship-driven service - direct access to the credit team rather than automated decisioning
Limitations / Things to Know
- £750,000 maximum means Arkle cannot fund larger offshore vessels or multi-vessel purchases
- 7-year term limit is standard for the specialist market but less attractive than the 10–12 year options at clearing banks
- Less well-known than Close Brothers or Lombard - some vessel vendors may require comfort that Arkle's funds are as secure as mainstream alternatives
Is Arkle Finance Right for My Fishing Vessel?
Arkle is a strong fit for fishing vessel purchases in the £25k–£750k range, particularly where the borrower values personal service, wants a balloon option, or has a slightly complex profile that needs a sympathetic underwriter. They work well as a second lender where the main bank has been used, or as the primary funder for established mid-tier fishing operations.
Compare All Lenders
See how Arkle Finance stacks up against all 14 lenders in our best rates comparison page, or return to the hub for an overview of all fishing vessel finance options.