Yacht financing can be used to complement your goals
If you share a passion for the open water, yacht ownership may be an important goal to you.
Yachts, whether powered by motor or sail, can offer you and your family a way to pursue your passions, but can also represent a significant store of wealth.
Bank of America’s yacht financing offerings include traditional term loans for the purchase of new or pre-owned yachts, refit loans, bridge loans, construction loans and cash-out loans. We work with you to identify a loan structure to help meet your financial needs.
We welcome the opportunity to discuss yacht financing and leverage Bank of America’s expertise in the yacht industry. Together, we can work with a Bank of America Credit Executive to explore your yacht lending options and see how it may fit into your broader financial strategy.
It’s important to review the considerations and risks noted below when evaluating if a customized lending solution is right for you.
- Customized lending solutions involve special risks and may not be appropriate for all clients.
- Customized lending solutions may be subject to additional credit and legal approval.
- Clients should consult with their independent attorney, tax advisor and investment manager before implementing any financial, tax or estate planning strategy.
- Clients should also consider their portfolio diversification requirements, time horizon, risk tolerance, debt tolerance, tax situation and any cash flow and appreciation objectives they may have.
For more information contact your advisor.