We know how nautical leasing (and its countless benefits) has conditioned and facilitated the purchase of new boats in Italy for more than two decades. After the change occurred in November 2020, the rules of the market changed, and customers began to consider other financing formulas.
Nautical Mortgage, what it is and how it works
Among these is the Nautical Mortgage. But what is it all about? A boat loan is nothing more than a loan provided by a bank, aimed at the purchase of a boat. From a formal point of view, the end customer becomes the real owner of the boat, on which a mortgage is registered as security for the bank.
The very interesting part is that the boat loan is an extraordinary tool for buying a used boat, as Abayachting, which deals precisely exclusively with used boats, explains.
One of the major players in our industry is Gylf (exclusive distributor of CGI Finance and SGB banking products), which has been able to move quickly according to market needs in recent years.
Abayachting directly asked Sylvain Bard, Director of Gylf to tell firsthand about this new opportunity in a dedicated interview visible at the link below:
The real innovation in the industry is in the new formula proposed by Gylf. Until recently, a boat loan was only possible for boats that had not exceeded 15 years of age at the end of the loan term, which greatly limited usage.
The (advantageous) features of the Gylf nautical loan
Gylf’s new nautical mortgage has very different, and above all, very advantageous features.
- Down payment from 30% of value.
- Valid for boats with Italian and French flags.
- Possibility of mortgage for individuals with residence in Italy.
- New or used boat
- Sail or motor boat
- Mortgage term up to 15 years.
- Valid for boats built from 2000 onward.
All conditions described above are subject to prior evaluation by the lending institution.
Read more
To learn more, contact Abayachting at +39 011 2457841 or at info@abayachting.com
List of boats available at www.abayachting.com
*sponsored content
