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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, sailboats and power boats 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.

Credit facilities are provided by Bank of America, N.A., Member FDIC, its subsidiaries or other bank subsidiaries of Bank of America Corporation, each an Equal Opportunity Lender. All loans and collateral are subject to credit approval and may require the filing of financing statements or other lien notices in public records. Asset-based financing involves special risks and is not for everyone. When considering an asset-based loan, consideration should be given to individual requirements, asset portfolio composition, and risk tolerance, as well as capital gains, portfolio performance expectations and investment time horizon. A complete description of the loan terms will be found in the individual credit facility documentation and agreements. Clients should consult with their own independent tax and legal advisors.

 

Credit and collateral subject to approval. Terms and conditions apply. Programs, rates, terms and conditions subject to change without notice. Equal Housing Lender.eual housing lender logo

 

Banking, mortgage and home equity products offered by Bank of America, N.A., and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation. Equal Housing Lender. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice.

 

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