Shawbrook Bank Marine Business Finance - Rate Table (October 2026)
| Term | Rate from (APR) | Max LTV | Min Loan | Notes |
|---|---|---|---|---|
| Up to 5 years | 6.8% | 70% | £50,000 | Best available rate band |
| 5–10 years | 7.3% | 70% | £50,000 | Mid-term pricing |
| 10–5 years | 7.8% | 65% | £50,000 | Longer-term pricing |
| Rate ceiling | 10.8% | 60% | £50,000 | Higher-risk / adverse credit |
Shawbrook Bank's marine business finance is suitable for mid-market businesses with clear asset needs. Rates are indicative and subject to lender credit assessment, vessel survey and final underwriting. October 2026.
About Shawbrook Bank Marine Business Finance
Shawbrook Bank is a specialist lender with a dedicated asset finance division that considers marine business lending on a case-by-case basis. Their marine business product covers asset finance for boat yards, charter operators, marine engineering businesses and chandleries, with rates from 6.8% APR, terms to 5 years and maximum LTV of 70%. The minimum advance of £50,000 reflects Shawbrook's focus on mid-market businesses rather than micro-SMEs.
Shawbrook's approach to marine business lending is more conservative than Aldermore but more flexible than Lombard on business profile. They will consider businesses with 2+ years of trading history and modest adverse credit, provided the overall business case is sound and the asset being financed has clear recoverable value. Their credit team is experienced in asset valuation and understands the marine sector's specific depreciation and maintenance characteristics.
One area where Shawbrook differentiates from its peers is in structuring flexibility - they can sometimes accommodate balloon payment structures, deferred initial payments or other cashflow-sensitive arrangements that reflect the seasonal nature of many marine businesses. Charter operators and boat yard businesses with pronounced summer-season peaks may find Shawbrook's willingness to consider seasonal repayment structures particularly relevant. Doulton Bridging Finance can negotiate these structures on your behalf as part of the broker relationship.
Strengths
- Will consider seasonal repayment structures
- Flexible on balloon payments and deferred start
- Mid-market focus with 2+ year trading requirement
- Considers modest adverse credit
- 70% LTV
- Experienced marine asset valuation team
Limitations to note
- £50,000 minimum advance
- 5-year maximum term
- 70% LTV (lower than Close Brothers)
- Higher rate floor than institutional lenders
- 2+ years trading history required