Marine Business Finance Rate Comparison - October 2026
| Lender | Rate from | Rate to | Max term | Max LTV/Amount | Min loan | Product type |
|---|---|---|---|---|---|---|
| Lombard | 5.5% | 9.0% | 7yr | 75% LTV | £50,000 | Asset finance |
| Close Brothers | 5.9% | 9.5% | 7yr | 80% LTV | £25,000 | Asset finance |
| Aldermore | 6.5% | 10.5% | 5yr | 70% LTV | £25,000 | Asset finance |
| Shawbrook Bank | 6.8% | 10.8% | 5yr | 70% LTV | £50,000 | Asset finance |
| Together Money | 7.5% | 12.5% | 15yr | 70% LTV | £100,000 | Commercial mortgage |
| Funding Circle | 7.9% | 16.9% | 5yr | £500,000 | £10,000 | Unsecured loan |
| Rankin Finance | 8.5% | 14.5% | 10yr | 80% LTV | £10,000 | Fleet finance |
Rates indicative as at October 2026. Subject to credit assessment and lender criteria. We work with the whole market - lenders above are representative, not exhaustive.
Which Marine Business Finance Product Is Right For You?
Asset Finance (Equipment)
For specific equipment purchases - travel hoists, cranes, engines, workboats. Close Brothers or Lombard for established businesses; Aldermore or Shawbrook for younger businesses or adverse credit. From 5.5% APR.
Fleet Finance
For charter companies and commercial operators with multiple vessels. Rankin Finance offers a dedicated fleet facility covering multiple vessels under one agreement. From 8.5% APR.
Unsecured Working Capital
For working capital, stock, or where no suitable asset security exists. Funding Circle offers unsecured loans to £500,000. Fast decisions, no security required. From 7.9% APR.
Marina / Boatyard Acquisition
For purchasing or refinancing a marina or boatyard as property. Together Money's commercial mortgage product offers terms to 15 years. From 7.5% APR, min £100,000.
Lender rate pages
Each lender's full criteria, rates and our verdict for this vessel type, October 2026.