Canal barges, Schooners or even motors boats are possible to loan against.
We have lent against modern powered sailing boats as well as classic sailing boats. We also lend on canal boats. We have financed the restoration of the Huff of Arklow. We lend up to 50% of the value of boats.
Yachts and boats generally remain in the custody of the borrower. We will place restrictions on how far you can take the vessel. But we know from experience that the boat's value is maintained by taking the boat into water. We also insist that you insure the vessel.
Send an enquiry either online or by phone
We will call you back with a preliminary estimate of the amount we can lend, how the process works and any costs involved.
Valuation and contracts
The security offered will then be professionally valued and all legal proceedings and contracts will be put into place.
Funding and payment
The loan will be offered on our platform to our team of investors and, once the target has been met, you will receive the funds.
If you own something that is worth more than you want to borrow, there is a good chance that we can lend you money. We offer loans against lots of different things so get in touch with us today. To get a free loan quote call 0800 690 6568 or apply online now
Company Number: 8120200 / Authorised and Regulated by the Financial Conduct Authority