Together Money Marina Finance - Rate Table (October 2026)
| Term | Rate from (APR) | Max LTV | Min Loan | Notes |
|---|---|---|---|---|
| Up to 5 years | 7.5% | 70% | £100,000 | Best available rate band |
| 5–10 years | 8.0% | 70% | £100,000 | Mid-term pricing |
| 10–15 years | 8.5% | 65% | £100,000 | Longer-term pricing |
| Rate ceiling | 12.5% | 60% | £100,000 | Higher-risk / adverse credit |
Together Money specialises in marina and boatyard finance as a commercial property product with long terms. Rates are indicative and subject to lender credit assessment, vessel survey and final underwriting. October 2026.
About Together Money Marina and Boatyard Finance
Together Money offers a specialist product for marina and boatyard acquisition and refinancing that is fundamentally different from the asset finance products offered by Close Brothers, Lombard and others. Rather than funding specific equipment or assets, Together's marina finance is a commercial mortgage product - secured against the property and land of a marina or boatyard - which enables much longer terms (up to 15 years) and larger loan sizes.
This product is relevant in a specific scenario: where a marine business operator is acquiring or refinancing a marina or boatyard as a going concern, where the value is predominantly in the property and business rather than identifiable moveable assets. The minimum advance of £100,000 and maximum LTV of 70% reflects the property-based nature of the security. Rates range from 7.5% to 12.5% APR, with the rate reflecting the complexity of the deal, the profitability of the underlying business and the quality of the security.
Together Money's underwriters are experienced in the marine sector and understand the specific dynamics of marina and boatyard businesses - seasonal revenue patterns, berthing fee income, slipway income, engineering revenue and the interactions between them. This sector knowledge is reflected in their willingness to consider cases that a generalist commercial mortgage lender would struggle with. For buyers of established marinas or boatyards as property-based businesses, Together Money is frequently the most appropriate lender in our panel.
Strengths
- Specialist marina and boatyard commercial mortgage product
- Terms to 15 years - longest available for marina finance
- Experienced marine property underwriting team
- Considers seasonal revenue patterns
- Suitable for acquisition and refinancing of going-concern marinas
- 70% LTV available
Limitations to note
- £100,000 minimum advance (highest in panel)
- 70% maximum LTV
- Property must be freehold or long leasehold
- Higher rates than asset finance products
- Complex underwriting timeline for property-based cases
- Not suitable for simple equipment finance