YachtCreators offers $100m financing
YachtCreators has announced a $100 million joint venture with Trinity Atlantic Capital to finance the construction of premium yacht builds for retail buyers starting in Q1 2022.
The announcement was made during FLIBS (Fort Lauderdale International Boat show) by YachtCreators, a full-service new build & brokerage firm with sales hubs in Fort Lauderdale, Aventura, and Miami Beach.
Trinity is an international financial services firm with a long record financing high value luxury goods around the world. This agreement with YachtCreators constitutes its first commitment to the international market for superyachts.
“This partnership with Trinity Atlantic is exciting on many levels. It sparks new yacht and superyacht construction both in Europe and here in the USA, which has been a long-held dream of YachtCreators,” says founder, Barin Cardenas. “Further, it provides much-needed construction financing solutions to meet the growing demand of the yacht and superyacht market we’re now experiencing.”
“YachtCreators is a market leader,” says Trinity’s principal, Jim Allan. “We evaluate opportunities to finance growth around the world every day. We can’t wait to be a part of their trajectory.”
Mosaic Financial is advising both parties.
