Our client, a high-net-worth entrepreneur, sought bespoke financing to acquire a £12 million custom-built super yacht from a leading European shipyard. The vessel was designed with staged deliveries over 18 months, including high-end interiors, advanced navigation systems, and luxury amenities. Traditional lenders were cautious due to the bespoke nature of the project, international shipyard arrangements, and multi-jurisdictional ownership structures.
Million Plus Private Finance conducted a comprehensive review of the client’s full wealth profile, encompassing multiple income streams, offshore holdings, and investment portfolios. We coordinated professional valuations, structured lender-ready documentation, and approached specialist private banks experienced in luxury yacht loans.
The loan was arranged at 70% LTV with an interest-only repayment structure over a 24-month term. Staged funding aligned with the delivery schedule, ensuring liquidity and seamless progress on the vessel’s construction. Our client benefited from a discreet process, competitive terms, and private bank access, enabling immediate acquisition without compromising cashflow or investment strategy.
