Loans For Other Purposes, Secured Against Your Boat
If you already own a narrowboat, widebeam or barge you may be able to use it as security to arrange a loan through RoyScot Larch.
RoyScot Larch will consider advancing a loan secured against your boat where the loan proceeds are to be used in connection with the vessel, perhaps acquiring moorings, refurbishment or refitting. We will also consider re-financing your boat for if you have other loans secured against it or have taken personal loans to finance the purchase and wish to pay them off.
We can offer a choice of variable interest rates or alternatively interest rates fixed for the full term of the loan.
To talk about any of our facilities in greater detail or to get a detailed quote contact Matt Ashmall, Head of Marine Finance, on 01235 438280