Simpson Marine introduces EPOWER, a comprehensive Yacht Financing solution in all parts of Asia
Simpson Marine, Asia’s leading Yacht Dealership and Service company, is delighted to announce the launch of EPOWER, its new yacht financing platform. EPOWER has been created to help clients buy a yacht in a quick, easy, and financially-sound manner.
EPOWER offers tailor made solutions for each client’s particular needs. Simpson Marine’s EPOWER team works with leading banks and finance companies such as ICBC China, BANK OF CHINA, GFT (China), BNP, Credit Suisse and continues to expand its portfolio of partners.
Yacht financing is available in all Asian countries where Simpson Marine has offices, including Hong Kong, China, Taiwan, Singapore, Thailand, Malaysia and Indonesia.
EPOWER can provide up to 70% financing over a period of three to five years. Processing time for financing approval can be as short as 10 days after receiving all necessary documents*.
Yacht buyers have the flexibility to apply for yacht refinancing even after the purchase of their yacht has been made, allowing the owner to release funds for investment in other interests and activities.
The EPOWER financing solution is available now, and the EPOWER team has already helped several clients in China and Hong Kong to buy their dream yacht.
“EPOWER can fund the purchase of all types of yachts, ranging from small sailing boats to the world’s largest superyachts, and covers all brands in the Simpson Marine portfolio from Beneteau, Lagoon, Monte Carlo, Monte Carlo Yachts to Sanlorenzo and Viking”, explains Mike Simpson, the Founder of Simpson Marine.
The platform enables both new and pre-owned yacht purchases to be financed in the same easy way.
EPOWER offers attractive integrated solutions and can include yacht management, registration and tax advice.
As stated in Simpson Marine‘s famous tagline Yachting Freedom since 1984, the company’s mission is to help yacht owners fully enjoy the freedom and pleasures of the sea. For over thirty years the company has been promoting the development of the yacht industry and yachting lifestyle in Asia, and is now able to add yacht finance to its impressive list of customer services around the region.
“It took us a few years, while acquiring the best and most reliable banking partners, to develop and complete this financing solution. I believe that EPOWER will enable more buyers to realize their yachting dreams quicker and easier and give a big boost to the growth of the yachting industry throughout Asia”, explains Elliott Cheng, Managing Director of EPower.
EPOWER will be officially presented at the upcoming Singapore Yacht Show, 6-9 April, and the EPOWER team will be on hand at the show to explain how we can help buyers to fast track the purchase of their dream yacht.
* Depending on the yacht value and credit assessment.
13th December 2018
21st April 2017
21st March 2017