Situation
A financial institution is confronted with business customer demand for off balance sheet operating lease contracts to finance the acquisition of new sailing units.
Complication
The financial institution is not open to taking operating risks on yacht assets due to a lack of market knowledge.
Question
How to outsource this operating risk to a true asset manager focused on the specific yacht market?
Answer
Sealease’s unique market focus is the yacht charter business market. Its know-how is the experience acquired in day-to-day operations. In addition Sealease is capitalized to guarantee the residual value to the financial institutions. Sealease is therefore a unique answer to the financial institutions needs.