Superyacht lenders and financiers

post

by Alasdair Whyte

1 April 2015

The number of banks and financial institutions offering superyacht finance contracted sharply after the credit crunch. But there are still many options for buyers looking for finance. The following is a list of financial institutions that specialise in superyacht finance:

If you would like us to add your institution please click here.

ABN Amro Private Bank

ABN Amro offers yacht finance to its own private bank customers.

AKF bank

AKF Bank specialises in financing small businesses but also has a specialist marine finance groups. The bank finances new and pre-owned yachts typically for German customers. It offers leases and loans.

BNP Paribas

Global banking group with an award winning Shipping Finance division. They provide taylor made pre and post delivery financing, with a focus on superyachts over 40 metres

C1 Bank

Offer wide range of relationship banking services. They provide tailored leasing options for new or pre-owned yachts The biggest yacht they financed in 2014 was 206 feet.

Caterpillar Financial Services

Known in the industry for building Cat^® engines, generator sets and vessel controls, CAT also have over 25 years of marine industry lending experience.

Chailease Finance Co. Ltd.

Public listed on Taiwan Stock Exchange, Chailease serves VIPs around the world through its Structured Finance Department that specialises in business jets and super yachts financial service with decades of experience. As an asset based financier, Chailease provides the loan for yacht owners without Asset Under Management requirement and focuses credit review on business cash flow. The flexible transaction structure enables Chailease to undertake clients’ preference on yacht flag registration and location. Chailease is targeting new or pre-owned yachts over 30 meters for worldwide owners.

Close Brothers

A member of the British Marine Federation, they finance superyachts owned by British nationals or companies. They typically finance vessels over 30m in length and that are registered on the British, Cayman Islands or Maltese registers. They offer finance for up to 50% of the superyacht’s current market value

Credit Suisse

Credit Suisse offers customized financings for new and pre-owned superyachts over 30m. Focus is on northern European pedigree and other prime quality yachts with steel or aluminum hull. Financing structures range from straight forward mortgage loans to complex, multi-asset facilities including yachts, aircraft and real estate. A dedicated team of lending specialists ensures that time from signed offer to drawdown is extremely short.
As a leading, globally active bank, Credit Suisse can offer a broad range of products going far beyond asset finance, giving yacht owners access to top class private, corporate and investment banking.

Essex Credit

Essex Credit is a division of Bank of the West. They specialise in boat loans and RV loans.

Falcap Limted

An occasional lender.

First Republic Bank

ING Private Bank

A leading global bank with a dedicated private banking team offering customised yacht financing. They handle anything from the acquisition to the administration of a yacht including VAT, fiscal optimisation, structured finance, and registration.

Investec

The Shipping and Marine team is based in London and offers international expert advice, financing and leasing for shipping and marine projects

Lombard

The largest asset finance provider in the UK with over 55 years of experience in providing yacht finance. Their maximum advance is £10 million and finance yachts up to 40 metres.

Marine Azur

Marine division of Banque Populaire

Rietumu

Latvian bank in tight cooperation with 10 lease companies in different countries.

Shawbrook

Banking company deal with marine mortgage and loan facilities for transactions between £1 million and £4 million

Societe Generale Private Banking

The wealth management arm of Societe Generale, based in the UK and operational in 14 countries. They offer international wealth planning and trust services, and global expertise in a wide range of investment solution. Thank to a dedicated team, they are able to offer Mega-yacht (lenght over 40 metres) and Business Jet financing solutions to new and existing clients of the Societe Generale Group.