Lendus.

Boat Lift Finance

Spread the cost of marina boat lifts and hoists from £10,000 to £80,000+ with flexible finance options. HP, lease, or refinance, compare rates from 40+ lenders.

Can you finance a boat lift?

Yes, boat lifts are financed as a standard asset purchase, usually on hire purchase or a lease, with the machine itself acting as the security. UK prices typically run £10,000 to £80,000, and most deals are written over 24–84 months with a deposit of around 10–20%. Decisions typically take 24–48 hours. Used machines are financeable too, usually with a shorter term.

200+ UK lenders
2-minute application
No credit check to apply
FCA-regulated brokers

Typical Cost

£10k – £80k

Approval Speed

24–48 hours

Same-day for < £40k

Rates From

4.9% APR

What would a boat lift cost per month?

£30,000
10%
60 months
9%
£0

Your estimate

Indicative only. Not a quote and not an offer of finance.

Pre-filled with a typical boat lift price. Indicative only, not a quote.

Compare boat lift finance rates from 200+ lenders

Check Eligibility

Finance options

Hire Purchase (HP)

Rate
From 5.2% APR
Term
24–84 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Marinas and boatyards wanting to own the lift outright

Finance Lease

Rate
From 4.9% APR
Term
24–84 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Tax-efficient, claim the full lease payment against profit

Operating Lease

Rate
From 5.5% APR
Term
24–60 months
Deposit
None required
Ownership
Return at end
Best for
Off balance sheet, always have a lift in current certification

Representative example

On a purchase price of £30,000: a 10% deposit of £3,000, then 48 monthly payments of £633 at 5.9% APR representative (fixed). Total amount payable £33,384, including the deposit. The rate you are offered depends on your business and the asset.

What buyers actually specify

Guide prices for sizing a finance agreement, not quotes. Manufacturers in this market mostly price on application, so where a current UK list price could not be confirmed the row describes a specification class rather than naming a model. Your supplier quote is what the agreement is written against.

Machine or specification Guide price Type
Mobile Boat Hoist, up to 15t (spec class) £15,000 – £35,000 Mobile Travel Hoist
Fixed Davit/Boat Lift, 1–3t (spec class) £10,000 – £22,000 Fixed Marina Davit Lift
Trailer Boat Lift, 20–35t (spec class) £30,000 – £55,000 Larger Mobile Boat Hoist
Hydraulic Platform Boat Lift (spec class) £25,000 – £80,000 Hydraulic Marina Boat Lift

Ready to compare boat lift finance? 2 minutes, no credit check.

Check Eligibility

Tax benefits

Boat lifts used for business qualify for Annual Investment Allowance (AIA), letting you deduct the full cost from taxable profits in the year of purchase, up to £1,000,000. HP agreements let you claim capital allowances on the lift; lease payments are generally deductible in full against profits.

Market context

Boat lifts and hoists are bought by marinas, boatyards and sailing clubs to haul vessels for storage, antifouling and repair, and unlike the vessels they lift, they're fixed or yard-based lifting equipment rather than coded craft, so finance underwriting looks more like standard lifting-equipment lending. As lifting equipment, a boat hoist requires regular thorough examination and a current load test certificate, and a lender financing a used unit will want to see this paperwork alongside maintenance records. Because a mobile travel hoist can, in principle, be moved between yards or sold on, lenders draw a distinction between mobile hoists and permanently installed davits or platform lifts when assessing recovery risk, though both are considerably easier to finance than a powered vessel. Lifting capacity relative to the boats actually being handled, more than the unit's headline tonnage rating, determines whether it's the right size for a yard.

Bad credit?

Several of our 200+ lenders specialise in businesses with imperfect credit histories. You may need a larger deposit or personal guarantee, but options exist. Checking your options here does not affect your credit score, because we do not run a credit search to match you. A lender will run their own checks only if you decide to apply.

Compare rates from 200+ lenders, takes 2 minutes.

Check Eligibility

Frequently asked questions

Does a boat lift need the same lifting equipment certification as a crane?
Yes, a boat hoist or lift is classed as lifting equipment and needs a thorough examination at prescribed intervals along with a current load test certificate, the same regulatory regime that applies to cranes and other lifting gear. A lender financing a used lift will want to see this documentation, and a unit without current certification is likely to need re-examination before finance is approved.
Is a mobile travel hoist harder to finance than a fixed davit?
Not harder exactly, but lenders assess them slightly differently: a mobile hoist can be moved or sold on more easily than a fixed installation, so some funders will ask more about the yard's operating history and site security. A permanently installed davit or platform lift is generally treated closer to fixed marina infrastructure. Either way, current thorough examination paperwork and evidence of the yard's storage capacity and customer base will support the application.
Can I finance the lift and its supporting slings and cradles together?
Yes, most lenders will include slings, cradles, stands and associated handling equipment in the same agreement as the lift itself, provided the total forms one working system. This is usually simpler and cheaper than financing the accessories separately. Provide a single itemised quote from your supplier covering the hoist and all handling accessories, since this gives the lender a complete picture of the yard's capacity rather than just the headline lift.
What deposit is typical for a boat lift?
For hire purchase, most lenders ask for 10–20% deposit. Finance and operating leases often require no deposit at all. A larger deposit, or an existing hoist offered as part-exchange, will generally improve the rate on offer. Established boatyards with several years of storage and lift income behind them typically find the lower end of that deposit range easier to access.

Related equipment finance

More marine finance

See how lenders treat marine assets

Guides and resources

Ready to finance your boat lift?

Compare rates from 200+ lenders. No credit check.

Check Eligibility →
Check Eligibility, 2 min, no credit check