Boat loans

Similar to the mortgage range available for a traditional bricks and mortar dwelling, there are a multitude of different lenders who supply boat loans, and this type of borrowing is often referred to as ‘marine finance’.

Boat loan providers offer specialist help for individuals who wish to purchase a boat, and you can use a specialist marine finance broker to source the most suitable product for your particular circumstances. Boat loan dealers will have the knowledge required to search out the best deals available to fund your boat purchase, and be able to advise you of alternatives also.

There are several different types of boat loan available; Unsecured Marine Loan – These generally offer between £1,000 and £25,000 and are used to buy smaller craft such as dinghies and small inland waterway vessels, in addition they can be used to purchase extras such as sails or engines for example.