$5MM min loan size domestic • $15MM min loan size international • Term: 2 - 3 years • 3.5% - 5% interest only, no upfront fees, no prepayment penalty • Yacht specifications (model, year built, etc.) • Proof of docked location • Method of registration • Borrower financial info US clients • LTV dependent on loan size, age of yacht and borrower’s financials
$5MM min loan size domestic • $15MM min loan size international • Term: 2 - 3 years • 3.5% - 5% interest only, no upfront fees, no prepayment penalty • List of all art being offered as collateral and their locations • Borrower financial info • LTV up to 50%
$4MM min loan size domestic • $15MM min loan size international • Lease or Lending (Lease is an option only for aircrafts) • Term: up to 5 years • 3.5% - 5% interest only, no upfront fees, no prepayment penalty • Model, year and tail number • Location based and registered • Entity that owns the plane • Borrower financial Info • LTV up to 75%
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