£20 million finance facility opened to commercial marine

Cash

Finance has been made available to smaller commercial marine businesses in the UK by the British Business Bank, which has agreed a new facility with BFS Marine Finance.

Up to £20 million (€23 million) has been earmarked ‘to increase the flow of finance to smaller businesses within the commercial marine sector’ to allow them to buy or refurbish marine assets in various sectors.

This is premium content

Already a member? SIGN IN now

V2-MJ

Register for a FREE one-month trial to continue this article

It only takes a minute to sign up for a free account, and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the commercial marine sector
  • Access to the Maritime Journal Industry Database
  • Website access (3 standard news articles per month)

Get access and more free content sign up today

Does your organisation require more access? Upgrade to a subscription and enjoy unlimited news and additional features.