Photography by Simpson Marine
04 April 2017
Simpson Marine, Asia’s leading yacht dealership and service company, has announced the launch of EPOWER, a new yacht financing platform aimed at enabling clients to purchase yachts in a quick, financially-sound manner.
EPOWER can provide up to 70% financing over a period of three to five years, with financial approval available to be granted in as little as 10 days. In addition, their platform enables both new and pre-owned yacht purchases to be financed in the same way.
“EPOWER can fund the purchase of all types of yachts, ranging from small sailing boats to the world’s largest superyachts,” says Mike Simpson, founder of Simpson Marine.
Crucially, EPOWER provides tailor-made solutions based on the specific needs of each client, partnering with leading banks and finance companies in the Asia region, including: ICBC China, Bank of China, Credit Suisse and others, to ensure a range of options.
“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 realise their yachting dreams,” says Elliott Cheng, Managing Director of EPOWER.
EPOWER will be officially presented at next week’s Singapore Yacht Show, running 6-9 April.