If you operate a small charter or training fleet with a mixture of boats, both owned and managed, you may have a number of finance agreements already, secured on individual vessels. We can structure an overall facility which may enable you to use existing equity to acquire another boat. Other benefits include flexibility, simplicity and a customised repayment schedule to suit your exact circumstances.

Example:
The client is a charter and training company on the South coast. Four yachts had previously been financed by traditional loans. Yacht Finance Ltd. enabled the company to acquire a new boat, paying a minimal deposit, using equity in existing boats. A single finance facility secured on the whole fleet replaced the existing loans, with seasonal payments (to match business income). The period of the loan was just five years with a balloon payment to keep the monthly instalments within budget. The facility is reviewed at least annually and the client has the ability to buy or sell a boat at any time. This charter operator retains 100% of the charter fee rather than just 40% if it had been a ‘managed’ yacht owned by a third party.