Maltese yacht finance company’s success at the Palma International Boat Show
St Julian's Maritime Finance, a Malta based yacht leasing company, was presented at the Palma International Boat Show (PIBS), which took place from the 28th of April to the 1st of May at Palma’s Moll Vell. In recent years, the PIBS has become the event that opens the nautical season and one of the most important gateways for international companies building relationships and signing deals.
Chairman Tony Mahoney, CEO Willem Steenkamer, Sales & Marketing Manager Emilis Remeikis, and Member of the Board Ron Huggett attended the show and made and enjoyed mingling with clients, brokers and boat yards. The team brought long-standing expertise in all elements of funding and lending from HSBC, ING, RBS banks, highlighting the ability to issue term sheets for the purchase of new and used boats within the 24 hours from the initial request, the possibility to finance up to 70% at a highly competitive rate, as well as provide all related yachting services for the owner's convenience. A true one-stop-shop.
Willem Steenkamer said “It has been a great opportunity for businesses operating in the maritime sector to finally meet again after a few years break due to the COVID-19 pandemic. It is highly valued and extremely well organised show with a good representation of boats and nautical novelties. We enjoyed introducing our attractive yacht leasing offering to those seeking finance in the range of €500K and €10M through unique and very straightforward products, applicable for new and used yachts that can be used privately or commercially”.
PIBS had 276 participating companies, and a total of 264 boats were on display at sea. As it was the first boat show of this year’s season, many shipyards have chosen Palma to present their new models. In addition, the hybrid or electric boat segment is once again growing, as well as the most sustainable products that are compatible with protecting the oceans.
St Julian’s Maritime Finance is an independent European asset backed yacht leasing company specialised in all yachting needs. The company is regulated by the Malta Financial Services Authority (MFSA) under the Financial Institutions Act (Cap. 376 of The Laws of Malta) and authorised to carry out services of financial leasing.
