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Commercial vessel financing

Vessels

Our dedicated ship financing loans help you to purchase vessels, both new and used, across a wide range of vessel types. We can also help you to refinance your maritime asset. Explore financing opportunities whether you are a shipowner, operator or investor.

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Features and Benefits

Flexible marine finance solutions with individualised service to support your business goals.

Financing for New or Used Vessel

Applicable to both new purchases and used vessel acquisitions.

Eligible Vessels & Licensing Requirements

Has to be Singapore Flag or Harbour Craft License or PUB river license

Go Green, Lower Rates

Enjoy preferential rates for Eco-Friendly Vessel

High Loan Quantum

High loan ratio help you secure the vessel you need. Finance up to 80% of Purchase Price or Valuation, whichever is lower.

Flexible Repayment Plans

Choose a repayment schedule that fits your budget, with tenures of up to 10 years for added flexibility.

Competitive Interest Rates

Benefit from attractive rates designed to keep financing affordable.

Eligibility

Who can apply?

Corporate Borrower

  • Singapore incorporated/registered firms & Singapore registered Associations & Societies/Charitable Organisations
  • At least 30% of the company is owned by Singaporeans / PRs
  • Profitable business and sufficient cashflow to service debt

What documents will I need?

Standard documents

  • Signed application form
  • Sales Quotation
  • Indicative valuation from a licensed appraisal acceptable to SFL
  • Chartered Party Agreement (where applicable)
  • S&P Agreement/Builder's certificate
  • MPA License
  • Any other information/documents as required by SFL

Corporate Borrower

  • Latest 2 years financial reports/statements
  • Latest 6 months' bank statements (where applicable)

Personal Guarantor

  • Copy of NRIC/Passport
  • Latest 2 years tax assessment

Let's Achieve More Together

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For any enquiries or assistance, please contact us via email.

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Monday – Friday, 9am to 5pm

Call 6880 0688

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