Spread the cost of charter and passenger boats from £40,000 to £350,000+ with flexible finance options. HP, lease, or refinance
Yes, charter boats 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 £40,000 to £350,000, and most deals are written over 24–84 months with a deposit of around 15–25%. Decisions typically take 48–72 hours. Used machines are financeable too, usually with a shorter term.
Typical Cost
£40k – £350k
Approval Speed
48–72 hours
Same-day agreement in principle for < £75k
Rates From
5.5% APR
Your estimate
Indicative only. Not a quote and not an offer of finance.
Pre-filled with a typical charter boat price. Indicative only, not a quote.
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For UK limited companies with 3+ months’ trading and monthly revenue.
On a purchase price of £120,000: a 10% deposit of £12,000, then 48 monthly payments of £2,531 at 5.9% APR representative (fixed). Total amount payable £133,488, including the deposit. The rate you are offered depends on your business and the asset.
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 |
|---|---|---|
| 12-Passenger Coded RIB Charter Boat (spec class) | £45,000 – £95,000 | Coded Passenger RIB |
| 10m Angling/Day Charter Boat (spec class) | £80,000 – £180,000 | Angling and Day Charter Boat |
| 15m Passenger Vessel, Cat 2 Coded (spec class) | £180,000 – £350,000 | Coded Passenger Vessel |
| 8m Sport Fishing Charter Boat (spec class) | £60,000 – £120,000 | Sport Fishing Charter Boat |
Explore business funding options through Fundably
For UK limited companies with 3+ months’ trading and monthly revenue.
Charter boats 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 vessel; lease payments are generally deductible in full against profits.
Charter boats are bought by dive operators, angling charter skippers, wildlife and sightseeing tour operators and small passenger boat companies, many of them seasonal businesses where the vessel earns most of its income across a few months of the year. Because the boat carries fare-paying passengers, it must be coded by the Maritime and Coastguard Agency to a category that matches the water it operates in and the number of passengers carried, and that category drives both the build specification and what a lender will fund. Charter boats are mobile assets that can be relocated or sold on relatively easily, which makes some mainstream lenders cautious and pushes charter finance toward marine specialists. A vessel's survey condition, and how current its coding certificate is, matter more to resale value than age alone.
Some specialist lenders consider businesses with imperfect credit histories. You may need a larger deposit or personal guarantee, but options may be available. Fundably may use a soft credit check for matching, which does not affect your credit score. A hard check may happen if you choose to proceed with a lender.
Explore business funding options through Fundably.
For UK limited companies with 3+ months’ trading and monthly revenue.
Explore business funding options through Fundably.
Check Eligibility →For UK limited companies with at least 3 months’ trading and monthly revenue.