Hampshire Trust Bank - Indicative Rate Table (October 2026)
| Finance Type | Indicative Rate | Min Loan | Max Loan | Max LTV | Max Term | Key Feature |
|---|---|---|---|---|---|---|
| Secured Lending (new/recent) | 7.5–9.5% | £100,000 | £2,000,000 | 80% | 10 yr | 80% LTV and 10-year term - among the most competitive |
| Secured Lending (used vessel) | 8.5–12.5% | £100,000 | £1,500,000 | 75% | 8 yr | Older vessels case by case; strong trading history needed |
| Refinance/Equity Release | 9–12% | £100,000 | £1,000,000 | 75% | 7 yr | Refinance existing vessel to release working capital |
Rates are indicative for October 2026 and subject to underwriting, vessel survey and credit assessment.
About Hampshire Trust Bank Fishing Vessel Finance
Hampshire Trust Bank (HTB) is a specialist bank with a strong commercial lending track record and a dedicated marine finance team. In the fishing vessel market, HTB operates at the quality end of the mid-to-large ticket range - minimum £100,000, maximum £2m - and offers some of the most competitive LTV and term combinations available outside the clearing banks.
What distinguishes HTB from many competitors is their willingness to extend to 10 years and 80% LTV simultaneously on qualifying transactions. Most specialist lenders require a trade-off between LTV and term; HTB's structure means well-qualified borrowers can maximise their borrowing while keeping monthly payments manageable. This makes them particularly compelling for vessel purchases in the £500k–£1.5m range.
As of October 2026, Hampshire Trust Bank is one of our most actively recommended lenders for established fishing businesses with strong accounts. Their credit team is pragmatic on vessel age for transactions with compensating factors - strong accounts, good LTV headroom, or a long track record in the fishery. We have placed a number of complex transactions with HTB where other lenders declined.
Strengths
- 80% LTV to 10 years simultaneously - the most flexible combination in the specialist market
- £2m maximum exposure means large offshore vessel purchases and new builds are within scope
- Pragmatic on vessel age where trading accounts and LTV headroom are strong
- Dedicated marine credit team with sector-specific expertise - not a generalist underwriting pool
Limitations / Things to Know
- £100,000 minimum excludes smaller inshore operators and sub-£100k vessel transactions
- Strong trading history required - typically 3+ years' filed accounts for complex cases
- Processing times can be slower than faster-moving specialists like Close Brothers for straightforward deals
Is Hampshire Trust Bank Right for My Fishing Vessel?
Hampshire Trust Bank is an excellent choice for fishing vessel purchases in the £100k–£2m range where maximising LTV and term is a priority. They suit established businesses with solid accounts, and are particularly useful for larger offshore vessel purchases or complex transactions where the client needs a lender willing to think creatively about the security.
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See how Hampshire Trust Bank compares in our full lender comparison, or return to the hub.