Lombard Marine Finance
Whether you require a vessel for pleasure or business, Lombard can provide you with a flexible, tailored marine finance solution that suits your needs.
Finance for Pleasure Vessels
Buying a boat is one of the biggest purchases you'll ever make. From off-the-shelf solutions to tailored packages, Lombard will offer you an exceptional choice of marine finance options. Here are just some of the choices you can discuss with us.
How Lombard can help you purchase a boat for pleasure use:
- Variable-rate marine mortgages from Lombard Marine Finance, we offer variable-rate marine mortgages, with security normally on the vessel we're financing. These flexible mortgages allow you to make capital repayments at any time without charge.
- Balanced payment plan are one of our most popular products, 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.
- Balanced payment plan with balloon repayment - a balloon repayment is a final lump sum payment. With this solution, your monthly repayments are lower and fixed for the agreement's duration. The agreed balloon payment is payable with the final monthly payment. However, the size of the balloon payment may vary, depending on fluctuations in the base rate. For example if the base rate increases, the balloon payment amount will also rise.
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