Superyacht Financing

Superyacht Financing -spanish flag En español

Boat Loans

Servicing the U.S., Canada, Central and South America.

Excel Credit provides financing for superyacht category concentrating our efforts in the western hemisphere. Our superyachts program with loans from $3.5 million dollars USD up to a maximum of $25 million dollars USD. We will accept applications from U.S citizens and non-U.S. citizens.

  • All used yachts will require a survey (must include new survey, full haul-out and sea trial)
  • Mooring outside the continental U.S. (acceptable)
  • Full-time Charter will require a minimum FICO 760+ or equivalent min for non-U.S. citizens (50% LTV, maximum term 120 months)
  • Cash-out refinance – maximum 50% LTV (Available to U.S. citizens only)
  • Vessels 16-20 years old, value must be clearly defined by comps and BUC value and considered case by case. Hard cap on age is 20 years.
  • No Bareboat Charters allowed.
  • All Superyachts loans are required to be closed by an attorney acceptable to the underwriter and at the borrower’s expense. Excel Credit can provide standard pricing for a preferred attorney.
  • Ownership of collateral not permitted in (Montana LLC)
  • Loan approvals and rate locks are good for 60 days.
  • GPS with satellite reception must be always maintained on the vessel.
  • All loans will require Breach of Warranty insurance.
  • All Superyacht loans are subject to a minimum $3,500 USD origination fee.
  • A pre-payment penalty of 1% for 12 months of payments after closing.
  • All loans are funded in U.S. Dollars.


BVI, CAYMAN ISLAND, EU COUNTRIES, JAMAICA, MARSHALL ISLANDS, and US COAST GUARD. Other flag registries will be considered on a case-by-case basis along with borrower citizenship.