Post-Delivery Finance

Yacht - Private Aircraft

 

One way to finance the acquisition of a high-end asset such as a yacht or private aircraft is to benefit from lending programs of specific European Private Banks. This is a global wealth approach as opposed to an asset based finance program that we can also arrange. Depending on the global wealth structure, as well as future investment strategy of a client, this solution most often matches the needs of our clients.


On the other hand, as financial consultants to UHNWI for many years, we have frequently addressed the challenge of financing assets for our clients without there being the requirement for a private banking relationship. Today, and subject to fulfilling specific criteria, we are also able to advise on an asset-based programs under certain circumstances, with main securities being the asset and personal guarantee from the beneficial owner.

Lending programs with private banking relationship and asset based lending are quite different in terms of credit structuring and one does not necessarily replace the other. The client profile and project are key to determining the most appropriate tailored solution.

As a general point, OMYS Consulting is able to offer post-delivery finance programs as shown in the indicative table below. Additional information is contained within the link but further specific details can be provided upon request.

 

Yacht - Post-delivery Finance

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Aircraft - Post-Delivery Finance

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Eligible Asstes 1st class shipyards 1st class builders
Type of Loan

mortgage loan

or

asset based finance

mortgage loan

or

asset based finance

Main Security 1st priority mortgage over the yacht 1st priority mortgage over the aircraft
personal guarantee of the beneficial owner

corporate guarantee

or

personal guarantee of the beneficial owner

financial collateral to be defined on a case by case basis, roughly 30% of the Loan Amount

or

no collateral required, in case of asset based finance

no collateral required      

 

or  

financial collateral to be defined on a case by case basis


              

Repayment

up to 7 years

full amortization

or

partial amortization + balloon at the loan term

up to 5 years, renewable once

full amortization

or

partial amortization + balloon at the loan term

possibility of annual capital repayment, 1st repayment 12 months only after delivery  
monthly or quarterly capital repayment, depending on the lender
Loan to value ratio up to 75% up to 70%
Funding EUR / USD EUR / USD
Interest margin case by case basis (fixed or floating) case by case basis (fixed or floating)
Lender                 
European / US / based lenders European / Asia based lenders