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Let EPower finance your yacht this year – a fast and easy way to start boating


 

At Simpson Marine it has always been our mission to make your yachting life as easy as possible, even within Asia which is still growing and developing as a luxury yachting destination. In line with this, over the years we have set up several initiatives that make the pathway into yachting seamless for Simpson Marine customers, allowing you to start enjoying boating as fast as possible.

 

 

Right from our beginnings Simpson Marine set up service centres to support yacht owners, with Simpson Marine Service Centres now in 10 locations across Asia to ensure we have your back wherever you are sailing. We then added our Yacht Management division, which helps owners of larger yachts enjoy worry-free ownership. In various countries we also offer Yacht Care services to keep your yacht in shipshape condition when you aren’t on board.

Our most recent addition to the list was our specialist financing solution, EPower, which we have developed and seen materialise over the past five years. Since its launch two years ago EPower has financed several yachts of 40-80 feet that are now are happily cruising with their owners around South-East Asia.

 

 

The EPower Financial Solutions is Simpson Marine’s yacht finance platform that is run in conjunction with the world’s and Asia’s leading banks. These partner banks can offer yacht finance of up to 60% for 3-5 years, for all brands and new, pre-owned and trade-in yachts sold through Simpson Marine. A financed yacht is then registered in Singapore under the Singapore flag and free to cruise anywhere between Singapore, Malaysia and Thailand with a geographical extension possible on a case by case basis.

Gaining finance through EPower is really easy and it is very simple to start the process. Here’s how it works:

  1. Pre-Approval: All yachts sold by Simpson Marine are pre-approved to be sure they are a sound investment.
  2. Quick Approval: Finance proposal, within one day. Formal Agreement, within one week
  3. Cross country use: The new owner can then enjoy sailing freedom across several destination. If licensed in Singapore, the yacht is free to be used in Singapore, Malaysia and Thailand during the finance period (with more destinations possible on a case by case basis).
  4. Tax Reduction: If a corporate applicant, the client can enjoy a tax deduction as the monthly lease payment can be filed as expenses.
  5. Avoid temporary license: Clients can avoid the complicated application of a temporary license for every movement.

 

 

We have helped many experienced and first time owners to own their yacht with EPower, let us help you become one of them! Enquire about Yacht Finance options for your favourite yacht model with a Simpson Marine broker anywhere in Asia. Alternatively contact the EPower team directly here enquiry@epowerfinance.com

Head Office: Unit 6, G/F, Aberdeen Marina Tower 8 Shum Wan Road Aberdeen, Hong Kong
Tel: +852 2555 8377 | Fax: +852 2873 4014 | email: info@simpsonmarine.com

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Simpson Marine Yacht Sales
Aberdeen Marina Club Wong Chuk Hang Hong Kong