Whether you require a boat for business or pleasure, Meridian Finance can help find you the perfect finance agreement, tailored to suit your personal circumstances. Please note that unfortunately we are not able to offer finance for live-aboard vessels or barges.
Finance for Pleasure Vessels
Meridian Finance offer an excellent choice of marine finance options. Buying a boat is one of the biggest purchases you’ll ever make, and Meridian can help you get the best deal available.
Variable-rate marine mortgages – these agreements are normally secured against the vessel. These flexible mortgages allow you to make capital repayments at any time without charge.
Balanced payment plan – A balanced payment plan normally fixes your monthly repayments for the agreement’s duration. However, the mortgage period will vary, depending on changes in the base rate. If it increases, the term will lengthen; if it decreases, the term will shorten.
Fixed Rate Agreement – a balloon repayment is a final lump sum payment. With this agreement, your monthly repayments are lower and fixed for the agreement’s duration. If you choose a balloon payment, it is payable with the final monthly payment. All rates are fixed for the duration of the term.
Please contact us for a bespoke quotation tailored to your needs.
The finance options for boats includes: