Lombard Marine Equipment Finance - Indicative Rates October 2026
| Scenario | APR Range | Max Term | Max LTV | Min Loan |
|---|---|---|---|---|
| Engine / electronics - strong credit | 6.9%–8.9% | 5 years | 75% | £10,000 |
| Sails / rigging / deck hardware | 8.9%–10.9% | 5 years | 70% | £10,000 |
| Mixed refit / complex credit | 10.9%–12.5% | 4 years | 65% | £10,000 |
Rates indicative for October 2026. Subject to lender criteria and individual circumstances.
Lombard Marine Equipment Finance - What You Need to Know
Lombard is NatWest Group's asset finance arm and one of the UK's largest and most established providers of equipment finance across all sectors. Marine equipment finance is a component of Lombard's broader asset finance offering, and they are particularly well-positioned for business and commercial marine equipment where the borrower has an existing banking relationship with NatWest or RBS.
Rates from Lombard for marine equipment finance start at 6.9% APR - the keenest in this comparison - and they will lend up to 75% of equipment value over 5 years. The 5-year maximum is shorter than Black Horse and Close Brothers, which limits monthly payment spreading but reduces total interest cost for buyers who can manage the shorter term.
Lombard's minimum loan of £10,000 and 25% deposit requirement make them better suited to mid-to-large equipment purchases - an engine repower, a full electronics refit or a combination package. Smaller purchases below £10,000 will need to go elsewhere.
Lombard's strength is pricing and reliability - as a major clearing bank division, they carry no concerns about lender stability, and their systems and processes are robust. For a business owner with clean credit and a well-documented equipment purchase from a reputable supplier, Lombard can be the most cost-effective choice in the market.
Lombard is generally accessed via NatWest commercial banking relationships or through specialist brokers. Doulton Bridging Finance can submit Lombard applications on a broker basis for suitable cases.
Strengths
- Keenest rates from 6.9% APR
- Part of NatWest Group - highly stable
- Strong for business/commercial marine
- Efficient processing for well-documented cases
Limitations
- 5-year max term - shorter than alternatives
- 75% LTV - 25% deposit needed
- Min £10,000 loan
- Preferred for existing NatWest customers