Structuring Worldwide Financing for the Acquisition Of all Types of Commercial Marine Vessels New Constructions and Pre-Owned (Used) Ships
Established Maritime & Shipping Companies Growth & Expansion
And New Companies Startup Financing
Small, Medium and Large Companies and Projects
Dramatic Technological Developments, Instant Global Communications and Continually Shifting Markets. This is the Demanding Backdrop Against Which the Maritime & Shipping Companies Operate Today. An Arena where only Excellence Succeeds. Today’s Financial Institutions and Bank Clients Should Expect a Lot More than the Stock Answers and Indifferent Service, which is Sadly the Industry Standard.
And Most all Other Types of Commercial Marine Vessels and Work Boats
Meeting this Challenge, Commercial Capital BanCorp, a Dynamic Independent, Private Financial Institution which Combines 43 Years of Matchless Professionalism, Unrivaled Market Knowledge and Completely Open-Minded Entrepreneurial Thinking and a Pro-Active Approach to our Clients’ Capital Needs, we Structure Innovative Financial Solutions to Meet Each Client’s Specific Capital Requirements In the Global Marketplace with a Broad Range of Innovative, Sophisticated Financial Products!!!
INTERNATIONAL UNRESTRICTED VESSEL FINANCING
CONVENTIONAL FUNDING PROGRAM,
Depending on the Size and Financial strength
& credit risk of the Borrowing Entity
from 60% up to 90% Financing!!!
Worldwide Financing:
Acquisition Financing
New Construction-phase Financing
Permanent Financing
Used, Second Hand Vessel Financing
Loans for Major Vessel Repair
Loans for major Conversion & Renovations
Fixed or Variable interest rates Indexed to LIBOR
Interest-only payments
Construction Phase Financing:
Up to 80% of the total cost can be financed
Interest-only payments
Construction loan commensurate with shipbuilding contract term
Rates Indexed to LIBOR
Permanent Financing:
Up to 10 years amortization, New Vessels Only
Fixed or variable interest rates
New Vessels Up to 80% of the total cost can be financed
Used Vessels 70% to 80% Financing
Repayment tailored to meet your requirements
Rates indexed to LIBOR
MARAD TITLE XI FINANCING PROGRAM
& LOAN GUARANTEES
U.S. AND FOREIGN SHIPOWNERS
The purpose of this program is to promote either Financing or Refinancing the Acquisitions of either U.S. Flag Vessels or Eligible Export Vessels Constructed, Reconstructed or Reconditioned in U.S. Shipyards
Financial Requirements:
Minimum 12.5% Equity Funded or Committed prior to MARAD Approval
Positive Working Capital
Long-Term Debt to Equity Ratio of 2:1 or Less
Maintain Net Worth
Terms of Financing:
Amortization up to 25 Years
Interest rates Fixed and Floating Indexed to LIBOR
