Step aboard the world of superyacht finance, where luxury meets sophistication. Superyachts, or mega-yachts, are not simply vessels; they’re floating masterpieces of elegance. Spanning from 40 metres (130 ft) to over 180 metres (590 ft), these professionally crewed yachts represent the pinnacle of maritime grandeur.
Procuring finance for these magnificent vessels, whether they’re fresh from the dockyard or seasoned on the seas, typically involves private banks or the wealth divisions of substantial international banking conglomerates. Borrowers usually operate offshore or utilise Special Purpose Vehicles (SPVs) to conduct transactions.
When you set your compass towards acquiring a superyacht, essential considerations to navigate include:
- Loan finance or finance leases
- Registration
- Tax and customs implications
- Insurance
- Enforcement of security
Given the transnational character of yacht transactions, the ocean of finance options is vast and can stir up waves of complexity. As a prospective yacht owner, you’re at the helm, determining your desired level of finance, security provisions, repayment timelines, and debt servicing costs.
At Strategy Finance, we illuminate the waters of superyacht finance, offering a comprehensive overview of its principal sources and defining features.
For a personalised voyage through your financing options, please make direct contact with us. We’re here to navigate this journey with you.
Note: Our expertise anchors on yachts that are 40 metres or longer.