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11-21-2016, 05:32 PM #1Senior Member
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7.5m yacht seeking 400k
Who can give 400k on a 1.75m insurance appraised and 7.5m replacement cost yacht?
No pledge cap please. Guy buys and sells boats and doesn't want to use the business. Just the yacht. Willing to doc the yacht till loan is satisfied.
Located in Miami
Thank. You
Steven
Lease buy back considered or pledge cap competitors?Last edited by Davincinc; 11-21-2016 at 06:18 PM.
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11-22-2016, 01:23 PM #2Senior Member
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Where is the Yacht located? Is the owner's credit in good shape. Our parent bank has a marine lending division.
Originally Posted by Davincinc
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11-22-2016, 04:06 PM #3Senior Member
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Miami, descent credit
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11-22-2016, 04:12 PM #4Senior Member
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Our bank parent typically does not pay referral fees. Are you protected by the client?
FYI-My division pays referral fees for future reference. Kevin.Henry@SeacoastBF.com
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