How asset finance has helped our customers realise their ambitions
Yacht charter business launches on a wave of success.
A Yacht Charter Business
What did they want to achieve?
The Moanna client was seeking funding to support the acquisition of a new 24m luxury yacht for his own private use and for charter.
How did Lombard help
Lombard provided a marine leisure mortgage for 70% of the yacht’s purchase price and introduced the client to a specialist marine lawyer to help with the process. Lombard also introduced him to a wealth manager at Coutts & Co, to help with his wider international banking needs. The charter business is going extremely well and the client is already in conversation with us about funding for another, larger craft.