Giving Boaters The Credit They Deserve

Call us now on: 01377 593753


Here are a few of the commonly ask questions we receive.

Hopefully, you’ll find the answer you’re looking for
but if you don’t please contact us to help you further

How do I apply?

Simply call and speak to a member of our team on 01377 593753 or email:

How quickly will I get a decision?

We aim to give a decision as soon as possible. Provided we receive all the paperwork requested in the application pack we aim to give a decision within 48 hours.

What vessels will you consider?

We will consider all inland waterway vessels. Residential vessels must be constructed of steel, but we will consider GRP vessels for leisure use.

What repayment terms will you consider?

We will lend over terms between 3 & 10 years dependant on the age and construction of the vessel.

Will I need a deposit?

Yes. We can lend up to a maximum of 75% of the value of the vessel.

What information do you need to make a decision?

Our application pack details all our requirements but basically, we need permission to carry out our own background checks, proof of income and deposit and your last three months bank statements as a minimum. In some cases, we may need additional proof of ID and address.

What are you going to be looking for on my bank statements?

As a responsible lender we are checking that you will be able to afford to pay the loan in addition to your other financial commitments. We understand that these may change once you purchase the vessel so the application pack includes an income and expenditure statement you will need to complete based on your projected outgoings once you have purchased the vessel.

What if I have a CCJ?

All our decisions are made by experienced people, not computers. We will get to know your circumstances and use our judgement on whether your CCJ would affect your application. If you know, or think you have adverse credit information registered against you please include details with the application as this will speed up the process of getting a decision.

What is the minimum and maximum amount you will consider?

Anything over £10,000

If we can help get you afloat call us on 01377 593753

Catfoss Finance Ltd T/A Catfoss Leisure Finance is Regulated by the Financial Conduct Authority (Firm Number 723307).
(The firm number is that of Catfoss Finance Ltd)