By Nancy Gonzalez One of M&M Private Lending Group’s many verticals is Private Yacht Finance. “Not for the faint at heart, meaning high interest rates BUT they are able to do this with NO documentation, NO credit check and NO bank statements. With an estimated 11 million out and 25 million in sight for yacht loans under management by the … Read More
Private Yacht Finance – Miami Boat Show 2019
Private Yacht Finance: Why The Route Of Hard Money? Purchase/refinance: Boat/ Dock space: Hull ID/ Coast Guard Registration Year Built Make/Model of yacht? Listed for sale? Hailing Port Engine Year and Hours Maintenance / Running Conditions / Reports Survey (appraisal) or Pictures: Location of yacht where docked Insurance on … Read More
Yacht Loan Situations That Require Hard Money
“The super yacht industry is poised for growth” – Forbes. Boating industry sources report 4% steady sales growth in recent years, but yacht loan availability has decreased by 25%. Thus M&M Private Lending Group’s specialty in yacht lending has become solution for the costumers who find themselves in the following scenarios or similar. Cash out of late model yacht Successful business … Read More
