If you are looking for Vessel financing, look no further. The RHB Vessel Financing is definitely a one stop solution for you. With this particular scheme, RHB Bank finances construction of all completed or incomplete vessel constructions. It is available for Bunker ships, Tug and Barge and AHTS. RHB is popular bank and has earned a lot of respect and reputation by providing great financial solutions to its customers. The bank offers products and services that are extremely customisable and innovative. Thus, choosing one of their products for your business can prove to be a wise decision.
Features and Benefits of RHB Vessel Financing
There are several benefits that come along with this Vessel Financing Scheme offered by RHB Bank. These benefits are as follows.
- This can be packages under the term loans, bankers guarantee, trade lines or any other working capital facility
- You can avail the loan amount for a period of seven years for the ne vessels. For the second hand vessels, you can avail a term of five years
- The construction term loan can be availed for a period of twenty four months
- The structuring of specific loans can be availed for buying machinery, engines and outfitting equipment that are supposed to be mounted on the vessel to be purchased or constructed
- The finance can go up to seventy five percent of the valuation or purchase price of the vessel, whichever is lesser. This is applicable for all the fully constructed completed vessels
- For all the under construction incomplete vessels, the finance offered by RHB Bank can go up to a limit of seventy percent
- The rates of interest on this vessel financing are extremely lucrative
Explore the other Financing facilities offered by RHB Singapore:
Explore the other loans offered by RHB Singapore: