November 28, 2025
40 min
Yacht financing explained
This episode of Full Displacement delves into the intricacies of yacht financing, featuring insights from experts Kim Madigan and Melanie Jolles, from Newcoast Finance.
Watch or Listen
Learn the importance of early financial planning, the differences between fixed and variable rate loans, and the role of brokers in securing the best financing options. The conversation also covers common misconceptions about yacht loans and the significance of understanding credit requirements and debt-to-income ratios.
Resources & Contacts
Kim Madigan https://currentyachts.com/resources/directory/newcoast-finance
Melanie Jolles https://currentyachts.com/resources/directory/newcoast-finance-insurance
⛵️ Hire Current Yachts to represent you as a boat buyer
🛥️ Work with Current Yacht to sell your yacht
⬇️ Download our Yacht Buying Budget Calculator
Key Takeaways
⏰ Early financial planning is crucial for yacht buyers.
🏛️ Fixed and variable rate loans offer different benefits.
💰 Brokers can provide access to a wide range of financing options.
🧐 Understanding credit requirements is essential for loan approval.
🧮 Debt-to-income ratio plays a significant role in financing decisions.
📉 Misconceptions about yacht loans can lead to financial pitfalls.
🛥️ Yacht financing is more complex than traditional loans.
💪 A strong credit history can impact loan terms.
👩🏻💼 Brokers help match clients with suitable lenders.
✌🏼Strategic financial planning can enhance yacht ownership experience.
About Current Yachts
Current Yachts revolutionizes yacht sales by offering a transparent, service-based pricing model that puts the consumer first. How?
1️⃣ We replace traditional high commissions in yacht brokerage with flat-rate selling expenses, and the buyer-side commission (co-brokerage) only gets paid when a co-broker is present -- saving our sellers money.
2️⃣ We are a full service yacht brokerage company with licensed and bonded professional brokers assisting yacht sellers and buyers every step of the way.
3️⃣ Current Yachts is also the first yacht brokerage company to offer a buyer representation agreement.
💻 Our modern platform streamlines the listing intake process, and ensures real-time communication and analytics for all parties. Our team is focused on transparent yacht sales and facilitates faster, more efficient transactions. We've set out to build a genuine community that offers exclusive insights and resources, empowering yacht owners and buyers alike. And our podcast Full Displacement is designed to educate yacht sellers and buyers, and to share what is happening in the yacht brokerage market.
Connect with Current Yachts
Facebook | Instagram | LinkedIn | 📩 Contact Current Yachts | 🛥️ Browse our yacht inventory
Related Episodes
Don't Wire Money to a Boat Seller Until You Watch This
You're about to wire tens or hundreds of thousands of dollars to someone you've never met, for a boat you may have never seen in person. What could go wrong?
She's Sailing Solo Around the World on a 27-Foot Boat
She's halfway through a solo circumnavigation on a 27-foot Grinde, with no fridge, no radar, no autopilot, and a wind instrument that's been broken for most of the trip.
Seakeeper: Beyond the Gyro
Does a $17,000 gyroscope actually make sense on a 23-foot center console? We put that question straight to Seakeeper. And we learn there is a lot more the gyro stabilization at Seakeeper.
Join the Revolution
The yacht brokerage industry is changing, and Current Yachts is leading the way. Our innovative platform and service-based approach combine the best of traditional brokerage expertise with modern technology and fair pricing.
Ready to protect your equity while working with seasoned professionals? Contact Current Yachts today and experience yacht brokerage done right.
Contact Us