Key Bank Marine Finance
KeyBank Luxury Yacht Lending®, a division of KeyBank National Association, has more than a half-century of experience in the marine industry. We have the experts and the resources to help you with all aspects of yacht financing, whether the craft is newly constructed or previously owned. Key offers simple, convenient application procedures, a fast response, and a willingness to dive deep to find the right solution to help you attain the yacht of your dreams. Products and ProgramsWe offer competitive simple interest, fixed-rate or variable-rate loans as well as flexible down payments. Some of our specialized loan programs include: - Rate Lock Program — Lock in today's rates for up to six months while you wait for your yacht to be constructed or delivered.
- LIBOR Adjustable Rate Loan — Enjoy a lending rate that is lower than most banks' prime lending rates.
- Interest Only Loan — Maximize the return on your assets by choosing one of the lowest monthly payments in the industry. Key's Interest Only Loan allows you to save or invest the money you would have normally paid in principal.
- Foreign Flag Registry — Key Recreation Lending will work to facilitate the foreign registration of your luxury yacht. Take advantage of the tax and corporate structures available with foreign flagged vessels.†
- Yacht Construction Loan — Use only your vessel as collateral during the construction phase. This financing program is ideal for yacht buyers looking to maximize return on assets and take advantage of competitive interest rates, with minimal out-of-pocket expenses.
In addition to a Standard Payment Plan, we offer Annual Payment, Seasonal Payment and Bi-weekly Payment Plan options. For More Information Contact and Visit Key Bank |