Lendus.

Survey Vessel Finance

Spread the cost of hydrographic and marine survey vessels from £60,000 to £600,000+ with flexible finance options. HP, lease, or refinance, compare rates from 40+ lenders.

Can you finance a survey vessel?

Yes, survey vessels 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 £60,000 to £600,000, and most deals are written over 24–84 months with a deposit of around 20–25%. Decisions typically take 3–5 working days. 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

£60k – £600k

Approval Speed

3–5 working days

Same-day agreement in principle for < £100k

Rates From

5.9% APR

What would a survey vessel cost per month?

£200,000
10%
60 months
9%
£0

Your estimate

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

Pre-filled with a typical survey vessel price. Indicative only, not a quote.

Compare survey vessel finance rates from 200+ lenders

Check Eligibility

Finance options

Hire Purchase (HP)

Rate
From 6.2% APR
Term
24–84 months
Deposit
20–25%
Ownership
Yours at the end
Best for
Survey firms wanting to own the vessel and equipment outright

Finance Lease

Rate
From 5.9% APR
Term
24–84 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Tax-efficient, claim the full lease payment against contract income

Operating Lease

Rate
From 6.5% APR
Term
24–60 months
Deposit
None required
Ownership
Return at end
Best for
Keep survey sensor and hull technology current

Representative example

On a purchase price of £200,000: a 10% deposit of £20,000, then 48 monthly payments of £4,219 at 5.9% APR representative (fixed). Total amount payable £222,512, 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
6–8m Survey RIB with Sonar Fit-Out (spec class) £70,000 – £150,000 Survey-Fitted RIB
Catamaran Survey Vessel, 10–12m (spec class) £180,000 – £380,000 Catamaran Hydrographic Survey Vessel
Monohull Survey Vessel, 12–15m (spec class) £250,000 – £500,000 Monohull Hydrographic Survey Vessel
Unmanned Survey Vessel (USV) Platform (spec class) £60,000 – £220,000 Unmanned Survey Vessel

Ready to compare survey vessel finance? 2 minutes, no credit check.

Check Eligibility

Tax benefits

Survey vessels 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.

Market context

Survey vessels are bought by hydrographic and geophysical survey companies, ports and harbour authorities, offshore wind and renewables contractors and marine science organisations to carry out bathymetric, geotechnical and environmental survey work, usually against contract or framework agreement income. Because survey vessels operate commercially, they must hold Maritime and Coastguard Agency coding for their area of operation, and the coding category directly shapes what a lender will fund, particularly for vessels working further offshore. Survey vessels can carry expensive sonar, multibeam and positioning equipment that may be worth as much as the hull itself, so lenders often need to consider the vessel and its survey fit-out as a combined asset rather than separate items. Onboard sensor and electronics package condition, alongside the usual hull and engine survey, has a significant bearing on resale value.

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

Can I finance the vessel and its survey equipment together?
Yes, and it's usually the sensible approach, since a survey vessel's multibeam sonar, positioning and processing equipment can represent a large share of the total value. Most lenders will finance the hull and fit-out as one package, though very high-value or highly specialised sensor equipment is sometimes itemised separately. Ask your equipment supplier for an itemised quote splitting hull, engine and sensor package costs, since this helps the lender understand exactly what security backs each part of the loan.
Does an unmanned survey vessel (USV) need MCA coding?
Coding requirements for unmanned and autonomous survey platforms are an evolving area, and the answer depends on how the vessel is operated and its size. It's worth checking current MCA guidance for your specific platform and operating model before finalising a purchase, since this affects both the specification and what a lender will fund. Speaking to your certifying authority early, before ordering the platform, will avoid discovering a regulatory issue after finance has already been arranged.
What contract evidence do lenders want to see?
Given survey vessels are often bought against contract or framework income, lenders typically want to see evidence of a realistic pipeline, whether that's signed contracts, a place on an approved framework, or a track record of winning this type of work. A vessel purchased with no contracted use in view is a harder application to place. Pulling together a simple one-page summary of your current and recent contracts, including renewal dates, tends to speed up the underwriting process considerably.
What deposit is typical for a survey vessel?
Hire purchase deals typically ask for 20–25% deposit, reflecting the specialist hull and electronics package involved. Finance leases can often be arranged with no deposit at all. A strong contract pipeline and established trading history generally improve the rate on offer. Presenting a framework agreement or repeat client relationships alongside your application can also help lower the deposit a lender asks for.

Related equipment finance

More marine finance

See how lenders treat marine assets

Guides and resources

Ready to finance your survey vessel?

Compare rates from 200+ lenders. No credit check.

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