Rankin Finance Berth Finance - Indicative Rates October 2026
| Scenario | APR Range | Max Term | Max LTV | Min Loan |
|---|---|---|---|---|
| Strong credit, low LTV berth purchase | 8.5%–10.0% | 15 years | 75% | £10,000 |
| Standard berth purchase | 10.0%–11.5% | 15 years | 70% | £10,000 |
| Complex ownership / older berth | 11.5%–14.5% | 10 years | 65% | £10,000 |
Rates are indicative for October 2026. Actual terms depend on berth type, marina, applicant profile and loan-to-value. Speak to us for a personalised illustration.
Rankin Finance Berth and Mooring Finance - What You Need to Know
Rankin Finance operates in the specialist and sub-prime lending space, offering berth and mooring finance where mainstream lenders have declined. If you have adverse credit history, unusual income, a non-standard berth title or a smaller loan requirement (from £10,000), Rankin is a lender worth exploring.
Rates from Rankin start at 8.5% APR and can reach 14.5% APR for the most complex or higher-risk cases. This is significantly above the mainstream market, and Rankin should be positioned as a solution of last resort rather than a first-choice lender. For buyers who have been declined elsewhere, however, Rankin can provide a route to completion.
Rankin's key differentiators are its minimum loan floor of just £10,000, its 75% LTV ceiling and its willingness to accept adverse credit. CCJs, defaults and even satisfied IVAs can be considered - the underwriters assess affordability and security quality rather than applying a blanket credit policy.
The 15-year maximum term is helpful in keeping monthly repayments manageable on what are already higher-rate borrowings. Rankin's security requirements are similar to other specialist lenders - formal valuation, evidence of income and clear title to the berth or mooring.
Doulton Bridging Finance will always explore mainstream and near-prime options before recommending Rankin, but for the right case - smaller loan, adverse credit, complex title - Rankin provides a genuine solution when others cannot.
Strengths
- Accepts adverse credit - CCJs, defaults, IVAs
- Minimum loan just £10,000
- 75% LTV and 15-year term available
- Broad appetite for unusual berth structures
Limitations
- Highest rates in this category (8.5%–14.5% APR)
- Should be considered after mainstream options exhausted
- Higher arrangement fees typical