Luxury Program
Luxury Asset-Based Financing
ART – YACHT – AIRCRAFT
Yacht Financing
- $5 MM min loan size domestic $15 MM min 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
Art Financing
- $5 MM min loan size domestic $15 MM min 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%
Aircraft Financing
- $ 4 MM min loan size domestic $15 MM min 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%