Boat Finance Option for Boat Buyers in Singapore

BASCO has been advised by a banker partner in Singapore who is arranging financing facilities for yacht buyers. According to the broker, the lending solution can be arranged for company boat buyers with interest rates from 2.5-4.5%. There is a processing fee of between 3-5% depending upon the loan amount.

BASCO was interested to hear about this service, as it is generally difficult to get yacht loans. We know of two banks who do so under varying conditions. For larger yacht purchases in the 3+ million there is typically more ready finance available, including an established yacht finance house in Taiwan.

To find out more about boat financing options in Singapore and Asia, feel free to drop us a note.