Finance was agreed to fund a new 50-metres plus superyacht acquisition.
Funding was agreed on a standalone basis at a competitive rate with a UK private bank. The vessel was structured in an offshore vehicle with all the necessary tax/permissions agreed and secured.
Knox Capital Solutions manages all aspects of the process as follows:
- Sourcing the most suitable options
- Reaching agreement with the lender and the client/team
- Coordinating all the interested parties to ensure a timely conclusion (lender, lawyers, boat yard, insurance company)
It is important to ensure that the most suitable financiers are brought together to help achieve the best solution for the client, taking account of the jurisdiction that may be involved.