Loans for yacht

Wishing not to postpone the purchase of vending yacht will only make an initial contribution of 25-40% of its value, depending on the category of yachts and the data of the borrower, and the remaining amount to pay for the time it deems necessary from 1 to 20 years old - on request client. Yacht itself is a guarantee of the bank.
Yacht for sale on credit - a common thing for European citizens, but in Russia the situation is quite different - to buy the boat, and the more expensive boat loan is very difficult. For Russians, until recently, it was virtually impossible to get a loan for the purchase or construction of yachts.



Unfortunately, in our country we are wary of the yachting industry and everything connected with it, and in the West - are suspicious of our fellow citizens, considering that most of the capital of wealthy Russians earned unjust labor.

The global crisis has made adjustments in the relations between Russians and Western banks. Quick, before the crisis, 40% of the growth of yachting market, which so shocked everyone in 2008, forced the shipyard to look at the Russian market as a "special economic zone". Looking at how much the yacht was acquired in the spring, many foreign shipyards decided for themselves to occupy a part of the Russian market of yachts. Unfortunately, the autumn international events have made some adjustments in the plans of all participants in the yacht market.

After the mass psychosis of information that struck all the Russian capital moved back to the west. Reports of the multibillion-dollar flows to the west, began to reach the consciousness of European banks, and after lengthy negotiations, a number of banks consented to the issuance of loans to buy a yacht for the Russians. And what's interesting now give out loans secured by the yacht, not the property of the borrower.

Loans to Russian citizens will be provided with the Bank of Italy, France and Germany.

That's what this says about the president of the yacht club "Green Island" Sergei Hmyrya. "To get the opportunity to purchase a yacht on credit, we did a great job with Western partners, in particular, the company Yacht Life, due to which the banks are willing to lend to find buying a yacht. The uniqueness of this feature is that the loan can be obtained not only by the finished yacht, but a brokerage until 1999, and even the construction of the yacht. The Russian did not conceivable to take money from the bank for the construction of the yacht. While at this point in the credit can take several models of boats, shipyards produced Joyce, Viramar, Angel, and a brokerage Sunseeker. And we hope over time to expand the list of yacht brands. "

Of course, the banks do not like to take risks and have a loan limit. One of the conditions for buyers, the yacht should be in the European part of the final payment of the loan to the borrower. The bank does not impose any restrictions on the circulation of yachts between cities and countries of Europe. I would like to note that the interest rate is slightly higher than usual and comes to 7, 39% (as a rule, the rate of 4%), but this is justified and is associated with risk. But considering that only one firm in the Russian yacht market could offer yacht leasing, and at a very modest circumstances - to a maximum of 3 years at 10% per annum, the conditions offered by the Yacht Club "Green Island" greatly expand consumer audience among fans of yachting .

The initial payment of 25-40% of the cost of the boat depending on the submitted documents the borrower, and the remaining amount can be paid by the client from 1 to 20 years, with possible repay the loan ahead of schedule.

It may be a "window to Europe" will force Russian banks to reflect and to take another look at the yachting market. After all, the domestic banks interest rate starts from 23% and above. A desire to Russian lovers of yachts, despite the crisis, continues to grow.