Net hauler finance
Funding for hydraulic net, pot and line haulers fitted to inshore fishing boats and aquaculture service vessels working gear daily.
- FCA regulatedAppointed Representative, FRN 1031964
- 60+ lendersWhole-of-market panel, not one bank
- 5.0 from 19 Google reviews
- No credit checkEnquiring leaves no mark on your file
Yes. Haulers are funded as marine deck equipment, usually alongside the vessel or as a standalone purchase when a boat is being re-rigged for a different fishery. New hydraulic units from established manufacturers place most easily, and used haulers are fundable where they come from a known supplier with a service record. The practical issue is that a hauler is only useful bolted to a specific boat with a matching hydraulic supply, so the funder records the vessel on the agreement and the second-hand market for the unit alone is small.
Who finances this
Inshore skippers working pots for crab and lobster, creel fishermen on the Scottish coast, small netters, and aquaculture crews hauling mooring lines and nets. The trigger is usually a change of fishery, a move to heavier gear that the existing hauler cannot manage, or a hydraulic failure mid-season that stops the boat earning. Purchases are frequently made in the closed weeks before a season starts, with the unit fitted by a local marine engineer.
How lenders see it
Deck equipment is a small ticket item in a specialist sector, which means the funder matters more than the number. A marine or agricultural equipment funder used to working boats will understand a hauler; a general lender will not know what it is looking at. Expect the vessel to be identified on the agreement, because once the hauler is plumbed into the boat’s hydraulics it is effectively part of that vessel, and expect the funder to ask whether the boat itself carries existing marine finance. Resale is thin: a hauler sells to another inshore skipper in the same region, which is a small pool, so the security is valued modestly and the trading income carries the case.
Buying used
Yes, used haulers fund where the supplier and service history are known, though small unit values mean some funders set a practical minimum.
Also in boat and marine finance
See everything we fund in boat and marine finance →
Machines we have funded
| Spencer Carter hydraulic pot hauler | Creel and pot hauling winch |
|---|---|
| Spencer Carter capstan and warping head | Deck capstan for rope handling |
| Thistle Marine line hauler | Longline hauling unit |
| Hydroslave 18in pot hauler | Hydraulic pot hauler head |
| Rapp Marine net drum | Trawl net storage and hauling drum |
| Mar-Co net drum winch | Deck mounted net drum |
| Gael Force Marine hauling system | Inshore hauling and shooting gear |
| Karmoy Winch trawl winch | Split trawl winch package |
| Bosch Rexroth hydraulic power pack | Deck machinery hydraulic power unit |
| Jonsson Winch deck winch | Hydraulic vessel deck winch |
Can I fund a hauler without funding the boat?
Yes, that is a common case when re-rigging an owned vessel. The unit is funded in its own right with the boat identified on the agreement. The application is assessed on the fishing business and the landings rather than on the equipment alone. A fitting invoice from the marine engineer completes the file neatly.
Does the hydraulic power pack come as part of it?
It can, and often should. A hauler is useless without a supply of the right pressure and flow, so where the boat needs a new power pack it makes sense to fund both together on one agreement with the fitting included. Sizing the pack to the hauler avoids the pressure problems that cause early failures.
Is second-hand deck gear worth funding?
It can be, though small values mean some funders set a practical floor. Good used gear from a recognised maker with a service history is fundable. Unidentifiable units bought off a quay are not, because the funder cannot value or verify them. A dated invoice and a legible maker plate are usually enough to make a used unit workable.
Will my licence position be part of the assessment?
Almost certainly. Deck equipment is funded on the fishing business behind it, so the licence, the fishery you work and recent landings all form part of the picture. A hauler for a fishery you are not licensed to work is a difficult conversation. Tell us which fishery you are moving into so the right funder is approached first.
Can aquaculture crews fund the same equipment?
Yes, and haulers are widely used on fish farm service boats for moorings and nets. The underwrite then rests on the aquaculture business and its servicing contracts rather than on landings, which is a different case but a perfectly fundable one. Mooring inspection and net changing schedules help show how the unit will be worked.
Tell us what you need
About a minute of plain questions, and no documents to dig out.
Prime is established and profitable with clean credit. Specialist covers newer businesses and credit that needs explaining, the asset carries part of the risk, so finance is often available where an unsecured loan is not.
Illustrative only, not a quote, a flat rate is not an APR, so the APR on a given agreement will be higher. VAT and fees excluded.
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One adviser from your first enquiry to the money in your account. No call centres.
Your adviser
Conor HullMon to Fri, 9am–6pm
5.0 from 19 Google reviews
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