top of page
superyacht yacht megayacht for sale charter newbuild build building construction owner ownership owners club owner's owners' broker brokerage finance financing leasing mortgage security

Home

Handbook

Financing

/

/

Loan

Security

4 April 2017

Last revised

minutes

6

Reading time

Without sufficient security in place, having provided a loan to a shell company to buy an expensive, mobile asset, lenders could be left out-of-pocket and finance would be impossible to obtain. While loan security can be found in various documents, the requirements themselves can always be traced back to the loan agreement.

minutes

6

Reading time

4 April 2017

Last revised

Without sufficient security in place, having provided a loan to a shell company to buy an expensive, mobile asset, lenders could be left out-of-pocket and finance would be impossible to obtain. While loan security can be found in various documents, the requirements themselves can always be traced back to the loan agreement.