Shipping Finance

For some people there is nothing better than wandering through harbours and looking at the plethora of boats on display. There is something ever so majestic about them. However, for the majority of these people, purchasing one of these boats is nothing but a pipe dream. They can look at the beauty but they can never have. What these people don’t realise however is that they can apply for ship finance. This will allow them to have the boat of their dreams without having to save up for years on end.

So what is shipping finance? Well, it works pretty much in the same way as a loan. You get in touch with a company, like ourselves with the intention of purchasing, renovating or building a boat, whether it is for personal use or even business use. Providing you and the boat meet our criteria we will supply you with the money that you need to purchase the boat. You will then pay us back based on the timescale that we agreed when you took out the loan. This type of service will allow people to afford boats without having to save up for them. Providing you have the means to pay it back, you can be sailing in your own boat within a number of weeks.

Depending on your requirements, we are able to finance ship loans up to 100%. When you get in touch with us we will assist you with finding funds to help finance the boat that you want. It doesn’t matter what type of boat, we have assisted in loans for container vessels, oil tankers, tugs, yachts and many more. In fact, we can even assist with cruise ship finance, something which many lenders do not do. We have incredibly flexible terms, with 5, 10 or 20 years being the norm. All you need to do is get in touch with us today.

Depending on your financial circumstances, there may be a number of regulations to get through before we are able to source loan money for you. This may include making a deposit or even offering collateral. In some cases we may need to inspect the vessel in order to ensure it is worth the amount that you shall be paying for it. All of this is going to help you in the long run when you want to achieve the boat of your dreams.

Applying for your loan is incredibly easy, and in some cases you will receive a decision within a number of days. The process is pretty much the same as if you would apply for any other loan, just with a couple of extra bits added to it. It is worth getting  in touch with us however as we are specialists in sourcing loans for marine vessels, something which other lenders are not and thus we can help you find the best possible deal.  We are particular specialists in cruise ship finance.

If you wish to apply for Shipping Finance then please do not hesitate to get in touch with us today. We will be able to discuss your requirements with you, as well as hopefully set you on the way towards achieving your dream, or perhaps driving your business forward. To contact us fill out the contact form or email derek@shippingfinance.co.uk for any questions.