Marine Financial Services

About Us

Since 1997, People’s Capital and Leasing Corp. (PCLC) has been providing financing solutions for marine companies nationwide. PCLC is a subsidiary of People’s United Bank, a premier, regional bank in the Northeast with over $37 billion in assets.

We are a team of experienced professionals committed to working directly with our customers to create individualized and flexible solutions that support your business goals. As an industry-focused company with a strong capital base, we can offer more favorable terms than other capital sources. You’ll be supported by a team of sales and service representatives with extensive knowledge and experience in the marine finance business.

Equipment we finance:

  • New and used
  • Offshore Supply Vessels
  • Specialty Vessels
  • Fast Supply Vessels
  • Inland Barges
  • Platform Supply Vessels
  • Anchor Handling Towing Supply Vessels
  • Multi-Purpose Supply Vessels
  • Tractor Tugs
  • Tug Boats
  • Lift Boats

Payment terms to fit your needs

Our competitively-priced, highly flexible terms are designed to make your marine equipment acquisition as comfortable and affordable as possible. We offer terms and amortizations that match the cash flow needs of your business.


Financial products and services offered*:

  • Loans
  • Finance/ Capital leases
  • Refinance existing loan
  • Fixed or variable rates
  • Terms 5-10 years
  • Pre-approved equipment lines of credit
  • Synthetic leases
  • Vendor progress payments

A simplified, responsive application process

We pride ourselves on providing fast, attentive service to each customer, and we’ll guide you through the loan application process from beginning to end. Our dedicated credit underwriting unit provides timely, responsive loan decisions so you can move your business forward.

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Related Information

  • To learn more, contact us at:
    Roger Allcorn:

    Tom Davies:

    Mike Gagne:


*Some Restrictions Apply.


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