How does this complement insurance?

We finance the gap insurance does not cover: scheduled maintenance, class-mandated work and repairs outside policy scope.

How fast can emergency repairs be funded?

Standard items disburse in 2-3 weeks; class-approved scheduled maintenance can disburse in 7-10 days.

Are non-insured class renewals covered?

Yes. Periodic class maintenance, surveyor-mandated work and out-of-policy repairs are the core use cases for this product.

Do you help select the yard?

We jointly evaluate class-approved yards from the PM® network based on scope and timeline.

How long can the tenor be?

3 to 24 months depending on repair size and vessel value. Planned-maintenance programs can run on longer structures.

Services

Repair & maintenance financing

Quick-access financing for non-insured repair and scheduled maintenance work.

Typical structure

Ticket size€50K – €3M

Tenor3 – 24 months

Security packageVessel mortgage or surety

What this service is

Repair & maintenance financing

Insurance pays for the unexpected. Scheduled maintenance, class-mandated work, equipment upgrades and out-of-policy repairs come out of the owner's pocket. A single dry-dock period can run to tens of thousands of euros, and work delayed at the wrong time cascades into bigger failures.

Our repair and maintenance financing converts those items into fast-disbursed, short to medium-term capital. We review yard quotes, prepare a class-aligned maintenance plan and run the inspection sign-off through PM®. The result: scheduled work happens on time, the vessel returns to service quickly, and unexpected items do not break the annual budget.

What this structure gives you

Fast access

Emergency maintenance funded in 2-3 weeks.

Class-aligned

Approved yards and class-compliant plans from PM®'s vetted list.

Budget protection

Unexpected items spread across a planned facility, not the operating cash.

What's included

Repair & maintenance financing

Yard quote review
Out-of-policy scope definition
Class-mandated maintenance coordination
End-of-process inspection and sign-off
Repayment tracking

Required documents

Vessel registry and class certificates
Existing insurance policies
Yard / workshop repair-maintenance quote
Scope and timeline breakdown
Latest survey report

Our process

We know the route at sea, and the paperwork ashore.

We stay alongside you from first conversation to final repayment.

Discovery
We map your project, financing need and existing capital structure together.
Structuring
We build your SPV, collateral package and tenor model.
Financing
We run the conversations with the right funding partners from our network.
Delivery
Your vessel, taken from yard or seller, lands inside a ready financing structure.
Lifecycle
Through repayment, we coordinate with marinas, insurers and operating partners on your behalf.