Marine Mortgage
A marine mortgage is a loan agreement where the boat is offered as security. We have an experienced marine finance team who understand boats and are keen to listen and help with your boating plans.
We are able to consider a wide range of power boats and sailing yachts that can be new or used and for business or pleasure use.
Our facilities terms range between one to seven years and with the option for a final balloon payment. If you dream of owning a boat, whether it is a luxury flybridge cruiser, sports boat or sailing yacht, we’re here to help.
How it works?
Speak with an Arkle marine specialist to discuss your plans and to see how we can help.
Submit an application by providing information about you and the boat you are keen to buy.
Once your application has been approved then we will work with you and the yacht broker to check the boat and it’s documentation are in order.
Once we are both happy to proceed then we typically send the loan funds to the supplier or yacht broker who would confirm that the boat had been paid for in full.
After that you will pay a fixed number of loan repayments over a fixed period of time, along with fixed interest charges.
What’s so good about this product?
More financial products
Aviation Mortgage
For the light airplanes and helicopters that we finance we provide a mortgage which is secured against the aircraft you are purchasing. The aircraft we finance are typically 2-6 seaters, based in the UK and on the UK register.
RLS
Arkle Finance is a member of the British Business Bank Recovery Loan Scheme (RLS) for the provision of funding for EQUIPMENT ACQUISITION only.
Finance Lease
Similar to a Fixed Term rental agreement but aimed at longer life assets, a Finance Lease allows for the hire of goods for an agreed period of time where payments are made in return for the use of equipment or vehicles.
Hire Purchase
Hire purchase is a traditional form of asset finance and a product which provides the client with the immediate use of the equipment or vehicle.
Why Choose Arkle Finance?
Here are some good reasons to select AFL as a finance partner.
Great Customer Experience
We provide a transparent and supportive service to both our customers and suppliers.
Professional & Trustworthy
We’re an ethical and trustworthy lender who communicates clearly without the jargon. We aim to lend responsibly whilst treating our customers and stakeholders fairly.