Fill out our form and submit it. You will then receive a notification message from our system. If the data received is not complete, the system will ask you to complete it.
Indicative offer
We will send you an indicative financing offer, prepared according to your specifications and requirements
Determination of value
If you accept our indicative offer, you will need to have the value of your vessel officially determined. We have our own methodology and will send you a list of valuers who work with us. You pay for the valuation.
Insurance
In the meantime, we will review your insurance - it must also meet our expectations. If you do not have good quality insurance for the duration of the financing, we will offer you good quality insurance or additional insurance.
The Implementation Phase
Specific terms
With knowledge of the price of your vessel and with quality insurance, we can proceed to the specification of the terms and conditions and contract texts, all based on our indicative offer.
Signatures of contracts
We will sign the contract documentation and arrange the necessary entries in the ship register. You are responsible for the costs of these transactions.
The Money
Once everything is done, we send you the money. We send the money only to the bank account specified in the contract documents.
End of Funding
You'll give us our money back . .
Once the money loaned to you under the bridge financing has been credited to our bank account in an amount corresponding to the arrangements contained in the contract documentation . . .
. . . . we will return your vessel to you
. . we will arrange without undue delay for the transfer of all documents relating to the vessel back into your name and we will hand the vessel back to you. At this stage we pay for everything.
Repetition
We can repeat the operation at any time, we already know you and your ship, the processes will be much faster.
What Happens if you Don't Pay Us Back
We'll extend the deadline
If you pay us at least the contractual fee agreed in the contract documentation, we may extend the repayment period, but not more than half of the original period for which the financing was agreed.
We will provide you with long-term financing
We will keep the vessel in our ownership and will lease it to you on a long-term basis with an option to buy. A new contract documentation will be concluded under new economic conditions.
Sale of the vessel
If you pay us at least the contract fee agreed in the contract documentation, we will allow you to sell the vessel and pay the amount due from the proceeds of the sale of the vessel.