United Trust RIB Finance - Rate Summary
| Criteria | United Trust - RIBs & Sports Boats |
|---|---|
| Rate range (APR) | 7.8% – 12.5% |
| Max loan term | 10 years |
| Max LTV | 75% |
| Minimum loan | £10,000 |
| Finance type | Hire Purchase (HP) |
| Early repayment | Permitted (ERC may apply) |
| Asset types | RIBs, inflatable craft, sports & speedboats |
| Borrower types | Private individuals, sole traders, limited companies |
| Rate updated | October 2026 |
About United Trust RIB & Sports Boat Finance
United Trust Bank operates a well-regarded specialist finance division with strong expertise across marine, aviation, and premium leisure assets. For RIBs and sports boats, UTB offers rates from 7.8% APR over terms up to 10 years at 75% LTV, with a minimum loan of £10,000. Their proposition is pitched at buyers in the mid-to-upper segment of the market - those purchasing quality craft from established brands where the asset provides genuine security value.
What distinguishes UTB is their underwriting culture: they are prepared to consider applications that might fail an automated bank scorecard, provided the overall case is credible and well-presented. Borrowers with complex income structures, recent business changes, or credit histories that need explanation often find UTB more receptive than their mainstream peers. Their FCA-regulated status and focus on responsible lending also means they apply genuine human judgement to each case.
United Trust - What Works Well
- Specialist bank with deep marine asset expertise
- Human underwriting - prepared to consider complex cases
- 10-year terms available - competitive payment flexibility
- Rates from 7.8% APR - mid-panel competitive
- Strong broker relationships - responsive and collaborative
United Trust - Points to Consider
- £10,000 minimum - not for entry-level RIB purchases
- 75% LTV - 25% deposit required
- Upper rate at 12.5% APR for higher-risk profiles
- Less well-known to private buyers - broker access route
- Less appetite for very old craft (15+ years)
How Does United Trust Compare?
| Lender | Rate from | Max Term | Max LTV | Min Loan |
|---|---|---|---|---|
| Close Brothers | 6.5% APR | 10yr | 80% | £5,000 |
| Black Horse | 6.9% APR | 10yr | 80% | £5,000 |
| Lombard | 6.8% APR | 7yr | 75% | £10,000 |
| Barclays | 7.2% APR | 7yr | 75% | £10,000 |
| Pegasus | 7.5% APR | 15yr | 85% | £3,000 |
| United Trust | 7.8% APR | 10yr | 75% | £10,000 |
| Shawbrook | 8.2% APR | 7yr | 70% | £10,000 |
| Aldermore | 8.2% APR | 7yr | 70% | £10,000 |
| Together | 8.5% APR | 7yr | 70% | £10,000 |
| Rankin | 9.2% APR | 15yr | 85% | £3,000 |
Highlighted row: United Trust. All rates indicative for October 2026. Actual rate depends on applicant profile, LTV, and loan term.