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      Boat financing to propel
      your success



      With over 20 years' experience, our marine industry experts have
      extensive knowledge in financing various marine assets including
      motorboats, superyachts and commercial boats.

      Our typical minimum advance is £65,000.


      Why choose Close Brothers Aviation and Marine?

      Tailored finance

      Agreements are customised and tailored to suit your individual circumstances and future plans. This flexibility means you get funding that works with your timeline, goals, and budget.

      Finance experts

      With over 20 years' experience in boat finance, our award winning dedicated experts have extensive knowledge and experience to confidently support you and your business.

      A range of assets

      We fund motorboats, sailing yachts, super yachts, commercial boats, tugboats, wind farm support vessels, powered barges, work boats and many more commercial vessels valued up to £20 million.



       


       

      What we cannot finance



      Unfortunately, we cannot finance for residential, liveaboard, fishing or narrow boats. However, we can finance vessels based in the Mediterranean, providing the boats or yachts have a UK owner and are valued in excess of £500,000.


      Superyachts we finance are typically over 30 metres in length and are usually registered on the British, Cayman Islands or Maltese registers.

      Find out how we can help
      your business grow

      91%
      of customers are happy with our service*
      8/10
      customers would recommend us to a friend*
      94%
      of customers say we are easy to deal with*

      *All figures are from the Close Brothers Asset Finance customer experience surveys conducted throughout 2024

      What our clients say

      It was my dream to open my own practice and I could not have done it without Close Brothers.
      R Health Dental Ltd
      The team act quickly and professionally. They advise well, listen and understand our needs and the nuances involved in business, which ensures we reach the right outcome to suit our organisation.
      Close Brothers not only made this transition possible but also seamless. I’m grateful for their support and commitment to my business’s future.
      Dave McIver
      Accountant
      We’ve used Close Brothers for 20 years for all our finance needs and they have been instrumental in supporting our growth. The team always offers a frictionless experience; they are easy to deal with and funding decisions are very quick.
      ARK Dental
      Great service and communication.
      The team from Close Brothers is always ready to help. I can discuss my finance at any time, very professional and helpful.



      Meet the team


      Andy Blundell
      MD of Aviation and Marine

      With 30 years’ experience in asset finance and banking, Andy has an in-depth knowledge of aviation and marine financing solutions for both corporate and personal clients. Andy’s high standards ensure clients of Close Brothers Aviation and Marine consistently receive the best quality service available.

      James Crew
      Marine Sales Director

      James has significant experience in the Marine sector, having spent nearly two decades funding leisure and commercial vessels, both at home and abroad, for a wide range of clients. James' experience and passion for the marine sector will enable Close Brothers Aviation and Marine to continue to provide real expertise and value-added service.

      Dominic Prisco
      Regional Manager

      Dominic has more than ten years’ experience in asset finance and has been with Close Brothers since 2013. He specialises in assisting private and commercial clients to finance or refinance aviation and marine assets. Dominic has built many long lasting, successful relationships with customers within the aviation and marine industries.

      Dan Jones
      Account Manager

      Dan joined Close Brothers in 2022 as part of our Change Management team. In this role, Dan worked internally, helping colleagues through change and transformation programmes. In 2024, Dan joined the Close Brothers Aviation and Marine team in an Account Manager role. In this role he will work to support our customers purchasing or refinancing their next aircraft or vessel.

      For more information
      on financing
      your boat


      Our step-by-step process

      Fill out our short online form

      To find out how we can support you and your business, please complete our online form - it only takes a few minutes.

      Speak with our finance experts

      Our dedicated construction specialists will contact you to discuss your funding needs and provide you with more information about our products and services.

      Meet your account manager

      We will pair you with a dedicated account manager who will offer personalised support either in-person or via virtual meetings to suit your schedule.

      Receive a tailored finance plan

      Based on your conversations with your account manager, we will develop a flexible repayment plan that aligns with your goals and supports your long-term plans.




      Tailored boat finance options

      to power your fleet



      Whether you are acquiring a single vessel or building a large commercial fleet, we offer flexible terms and solutions which are tailor-made to align with your business goals. This allows freedom for businesses to invest in the right vessels at the right time, without compromising cash flow.


      You can rely on our account managers to be a consistent and proactive point of contact, on hand throughout the life of the finance contract and beyond, building lasting relationships. They will guide you through the process, streamline approvals, and provide ongoing support to ensure your investment works for you.

      


      



      



      Boat mortgages and registration


      Finance facilities are structured by way of a marine mortgage over the vessel and we register the mortgage with the relevant marine authority.


      We require UK vessels to be registered on Part 1 of the UK Ship Register and work closely with the Maritime and Coastguard Agency (MCA) to assist boat and yacht owners with the registration process. This process helps protect your ownership interest and can also provide valuable protection against fraud. In addition to assisting with the Part 1 registration process, we check that the vessel title paperwork meets MCA registration requirements. If a vessel is already Part 1 registered, we request a Transcript of Registry from the MCA to confirm if there are any existing mortgages registered over the vessel.


      When lending to companies and limited liability partnerships (LLPs) we register a mortgage with Companies House. Appropriate guarantees and facility fees normally apply with this financing.




       

      Still got questions?
      Get in touch with
      our expert team

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      Boat Finance