Loan Solutions

Cargo Contract Finance
  • Contract backed financing to grow your business.
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Demurrage Finance
  • Get paid against your customer invoices.
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Short-Term Loan
  • Manage dry dock expenses or invest in scrubbers.
Learn More
Trade Finance
  • Grow your commodity trading operations.
Learn More
Finance Type Cargo Contract Finance Demurrage Finance Short-Term Loan Trade Finance
Suitable for ships that Trade on the spot market Have customers that pay late Are looking for flexible end-use Trade physical commodities
Docs needed Clean Recap of cargo fixture Demurrage invoice Vessel ownership info or (if not owned) Clean Recap of vessel fixture Purchase Invoice, Sale Invoice
Loan Amount Up to $300,000 Up to $100,000 Up to $300,000 Up to $300,000
Duration 30 days 90 days 90-360 days 30 days

Cargo Contract Finance

  • Cargo Contract Finance can help bridge the working capital funding gap for shipowners and operators that trade vessels on the spot market.
  • Optimal trading requires significant working capital investment. Cargo Contract Finance provides you the flexibility so that your chartering managers can choose the best trading strategy, regardless of working capital considerations.
  • You pay only for the days you use the facility and there are no prepayment penalties.
  • Company applies for a Cargo Contract Finance loan and submits the Clean Recap of Cargo Fixture. If the contract is still under negotiation, Company can submit the last counter received.
  • Company’s loan application is shared with Lenders for bidding. If a Lender is successfully identified, terms are shared with Company, which can either accept or reject the terms.
  • If Company accepts the terms, it can submit an online drawdown notice. Funds are received into its bank account.
  • Company can use the loan funds to pay vessel hire, DA and/or bunkers (as per the loan terms).
  • Once freight is received, Company uses the proceeds to repay loan dues.

Your business could be suitable for Cargo Contract Finance if you:

  • Yes:  Own or operate dry bulk carriers or tankers or gas carriers.
  • Yes:  Trade your vessel(s) on the spot market.
  • Yes:  Have an experienced team of chartering and operations personnel.
  • Yes:  Have been in operation for at least 12 months with a minimum turnover of $1 million.
  • Get approved in 48 hours after completing a 2 min online application.
  • Funding up to $300,000.
  • One bullet repayment, payable upon freight receipt or in 30 days, whichever is earlier.
  • Pay only for the days you use the facility (minimum days apply).
  • No prepayment fees.
  • Track your loan status 24/7 online.
  • Dedicated account manager with strong operational expertise.
Get Started

Demurrage Finance

  • Demurrage Finance can unlock liquidity tied-up with charterers long after a voyage has been completed.
  • Demurrage Finance provides you cash upfront on the back of a confirmed demurrage invoice, so you can put your capital to work elsewhere.
  • You pay only for the days you use the facility and there are no prepayment penalties.
  • Company applies for Demurrage Finance and submits Clean Recap of Cargo Fixture and Demurrage Invoice.
  • Company’s loan application is shared with Lenders for bidding. If a Lender is successfully identified, terms are shared with Company, which can either accept or reject the terms.
  • If Company accepts the terms, it can submit an online drawdown notice. Funds are received into its bank account.
  • Company can use the loan funds for general working capital (as per the loan terms).
  • Once demurrage is received, Company uses the proceeds to repay loan dues.

Your business could be suitable for Demurrage Finance if you:

  • Yes:  Own or operate dry bulk carriers or tankers or gas carriers.
  • Yes:  Work with charterers who typically take 30 or more days to pay demurrage.
  • Yes:  Have an experienced team of chartering and operations personnel.
  • Yes:  Have been in operation for at least 12 months with a minimum turnover of $1 million.
  • Get approved in 48 hours after completing a 2 min online application.
  • Funding up to $100,000.
  • One bullet repayment, payable upon demurrage receipt or in 90 days, whichever is earlier.
  • Pay only for the days you use the facility (minimum days apply).
  • No prepayment fees.
  • Track your loan status 24/7 online.
  • Dedicated account manager with strong operational expertise.
Get Started

Short Term Loan

  • Short-Term Loan can help you offset the cash outflow needed for planned capex expenses (dry dock, scrubbers, etc) or ballasting your vessel to a higher earning market.
  • Short-Term Loan provides you the flexibility to evaluate these options without worrying about cashflow. You can repay the Short-Term Loan through the increased earnings you get from operating the vessel in its the new position.
  • You pay only for the days you use the facility and there are no prepayment penalties.
  • Company applies for a Short-Term Loan and submits evidence of Vessel Ownership or (if chartered on period) Clean Recap of Vessel Fixture.
  • Company’s loan application is shared with Lenders for bidding. If a Lender is successfully identified, terms are shared with Company, which can either accept or reject the terms.
  • If Company accepts the terms, it can submit an online drawdown notice. Funds are received into its bank account.
  • Company can use the loan funds to pay for capex costs, vessel hire, DA and/or bunkers (as per the loan terms).
  • Company repays the loan in monthly instalments with the first instalment due 30 days after drawdown.

Your business could be suitable for Short-Term Loan if you:

  • Yes:  Own or operate dry bulk carriers, tankers or gas carriers. Operators must have minimum 75 days left on the vessel charter.
  • Yes:  Have planned vessel related capex (dry dock, scrubbers) or are looking to reposition your vessel to a higher-paying region.
  • Yes:  Have an experienced team of chartering and operations personnel.
  • Yes:  Have been in operation for at least 12 months with a minimum turnover of $1 million.
  • Yes:  Have a good track record with Lenders on MARLO’s platform and is current with all loans.
  • Get approved in 48 hours after completing a 2 min online application.
  • Funding up to $300,000.
  • Pay in monthly instalments, beginning 30 days after drawdown.
  • Pay only for the days you use the facility (minimum days apply).
  • No prepayment fees.
  • Track your loan status 24/7 online.
  • Dedicated account manager with strong operational expertise.
Get Started

Trade Finance

  • Trade Finance can help scale your trading operations, giving you the flexibility torespond to time-sensitive opportunities.
  • Optimal trading requires significant working capital investment. Trade Finance ensures that your traders can choose the best trading strategy, regardless of working capital considerations.
  • You pay only for the days you use the facility and there are no prepayment penalties.
  • Company applies for Trade Finance and submits the Purchase Contract and (if available) the Sale Contract.
  • Company’s loan application is shared with Lenders for bidding. If a Lender is successfully identified, terms are shared with Company, which can either accept or reject the terms.
  • If Company accepts the terms, it can submit an online drawdown notice. Funds are received into its bank account.
  • Company can use the loan funds to pay for the purchase and delivery of the commodity (as per the loan terms).
  • Company uses the proceeds from the Sale Contractto repay loan dues.

Your business could be suitable for Trade Finance if you:

  • Yes:  Trade physical commodities.
  • Yes:  Have an experienced team of traders.
  • Yes:  Have been in operation for at least 12 months with a minimum turnover of $1 million.
  • Get approved in 48 hours after completing a 2 min online application.
  • Funding up to $300,000.
  • One bullet repayment, payable upon sales receipt or in 30 days, whichever is earlier.
  • Pay only for the days you use the facility (minimum days apply).
  • No prepayment fees.
  • Track your loan status 24/7 online.
  • Dedicated account manager with strong operational expertise.
Get Started

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