Assets: Yachts, Boats and Planes

LOANS AGAINST YACHTS, BOATS & PLANES

With a loan against your yacht or boat, you can access funds immediately – without having to sell. We also offer loans against planes and other luxury vehicles. Please supply us with as much information as possible to assist us in evaluating your application.
luxurious boat

Simply contact us and give us all the information you can about your boat. We’ll get back to you promptly and make an initial loan offer.

Among the factors we take into account when providing loans against yachts or boats are year, manufacturer, onboard facilities, engine hours and date of last service.

If you choose to proceed, we will arrange to meet at our premises to finalise the arrangement. We’ll then transfer the funds to your account immediately, while you’re still in our offices.

There’s no complex paperwork and no need for credit checks or proof of income. Our process is fast, straightforward and completely discreet.

Simply contact us and give us all the information you can about your boat. We’ll get back to you promptly and make an initial loan offer.

Among the factors we take into account when providing loans against yachts or boats are year, manufacturer, onboard facilities, engine hours and date of last service.

If you choose to proceed, we will arrange to meet at our premises to finalise the arrangement. We’ll then transfer the funds to your account immediately, while you’re still in our offices.

There’s no complex paperwork and no need for credit checks or proof of income. Our process is fast, straightforward and completely discreet.

Documents required for loans on yachts and boats:

  • proof of ownership
  • buoyancy certificate
  • your ID
  • proof of address

APPLY ONLINE

speak to a consultant on 086 111 2866

From our blog

No data was found

ILLUSTRATIVE EXAMPLE

Client borrows R10,000 for 90 days.

Loan Amount
Repayment Period
Monthly Interest
Total Cost of Loan
Initiation Fee
Monthly Fee
APR
R10 000
3 months
R500.00
R2 914.50
R1 207.50
R569.00
60%

Fixed rates range from 36% to 60% APR and payment terms range from a minimum of 3 months to a maximum of 24 months. Apart from the initiation and monthly fees shown in the table, the only additional fee is credit life insurance if the borrower does not have this already.

Non-Payment​

Non-payment may result in the matter being escalated.

Renewals

All accounts may be renewed if they are up to date.

Collection

All payments are made via debit order on a monthly bases.

Yachts, Boats and Planes

Yachts, Boats and Planes

Apply Online

This field is hidden when viewing the form

Yachts, Boats and Planes

Apply Online

This field is hidden when viewing the form

Yachts, Boats and Planes

Apply Online

Yachts, Boats and Planes

Apply Online