YACHT FINANCE FOR YACHTS OVER 45M

First Class European Bank provides yacht finance for yachts over 45M. 

 

Every financing is on a case-by-case basis but as a general rule, assuming a transaction for a top quality asset, the bank normally look at financing up to 70% of the open market value of the yacht. 
The  loan repayments are typically spread over a 5-7yr tenor with loan and interest repayments being made every 3 months. 
As to interest rate much depends on the owner/client profile and the collateral that is posted with the bank (which includes the yacht quality and build). Generally financing rates offered by banks for this kind of finance can vary between  3-4% pa above EURIBOR. Rate can be fixed or floating subject to the customer’s preference. 
As to what kind of information the bank would need relating to the buyer, it depends on the nature of their business as well as their individual profile, but generally the Bank would like to understand the exact business interests and financial ressources of the owner . 
An important pre-requisite to the financing, however is that the owner agrees to start a true Wealth Management relationship, and place significant assets under management with this first class European private bank. 
These amounts can vary and are not pledged or blocked, but they are important in showing a commitment to entering into a wider relation with the bank.

 

Should you consider a new built project, a refit or buying a used yacht do not hesitate to contact us for more information.

 

Make an enquiry

    Your are interested in

    Name

    Email

    Message

    I have read and agree to the Privacy Policy

    Contact
    M-BLUE YACHTS
    Stasinou 1, Mitsi Building 1,
    Plateia Eleftherias 1060
    Nicosia, Cyprus
    T: +30 6970101877, +35 722319230

    [email protected]
    Member of The Worldwide Yachting Association
    Corporate ID: MEGBCY / Individual ID: F227
    News
    NEWLY REFITTED 35M LOANA ON OFFER!
    6 CABINS RINI V * SPECIAL OFFER * TILL JUNE 21st *GREECE*
    Who should I trust for booking a yacht charter vacation?
    52M S/Y SCORPIOS MAIN SEASON LAST AVAILABILITIES
    *M/Y DRAGON * MAY & JUNE * DISCOUNT
    49M ANIMA MARIS DISCOUNTED WEEKS FOR 2024
    SUNSEEKER * MAKANI II * NEW PHOTOSHOOT *
    WELCOME BACK HIGHLANDER!
    SPECIAL *DISCOUNT* ON 40M WHITE KNIGHT
    NEW ADDITION TO CHARTER! * HOKULANI *
    GENTLEMEN’S ITOTO * NEW PHOTOS *
    72’ Riva – SEA U – Remaining availability at discounted rate
    50M Benetti ALEXANDRA LAST AVAILABILTY!
    50M INVADER!
    40M AQUA LIBRA with 10% Discount!
    50M BARENTS 15% DISCOUNT
    TOP CHARTER YACHT ENDLESS SUMMER UNDER OFFER!
    NEED HELP?
    Would you like more information? I’d be delighted to help.
    Amelie Panagakos
    WhatsApp
    Telegram
    No, thanks