Marine Financing

From tugboats to construction financing, we know the commercial vessel business and its challenges today. Through veteran marine expertise, renowned industry leadership and a stable of trusted resources, our course is steady.

Construction financing specialists

We understand that shipbuilding takes time. It also requires effective collaboration, as well as strong relationships with shipyards and capital providers alike. With client commitment at the helm of our principals, Key is known for its time-tested relationships and sustainable capital solutions. Together, we can help keep your project on schedule with fluid cash flow and flexible terms. Examples include:

Fixed and floating rates (typically interest-only through vessel construction period)
Advance rates during construction period (up to 90%)
Market-based terms and amortizations upon vessel completion
Flexible interest-only structures

Marine assets we finance

Workboats

Dredges
Barges (tank and hopper)
Tugs
Towboats

Transportation

Select passenger marine
Containers
Port and shipyard equipment

Shipbuilding

Construction finance
Vessel repairs and maintenance

Offshore wind vessels

Crew transfer vessels (CTVs)
Service operation vessels (SOVs)
Wind turbine installation vessels (WTIVs)

Unique structuring capabilities

Our team brings distinct, real-time knowledge of current and future equipment values. Adept at creating customized structures, we can meet an array of organizational needs through:

Broad coverage with regards to transaction size and vessel type
On- and off-balance sheet structures
Seasonal and progress payments
Advance rates up to 100%
Financing for newly built or in-use commercial vessels

Goal-driven, growth-focused

Reliable capital and responsive service do co-exist when you work with an industry leader. For a strategic approach to meeting your short-term objectives with sustainable solutions, contact us today.

Exceptional commercial vessel expertise
Five decades of equipment financing experience
Single-source legal, credit, underwriting, and documentation proficiency
Regulatory and licensing knowledge

Supporting clients who minimize environmental impact

Watch this 4-minute video to discover how The Pasha Group is making a difference on the planet by building the first liquefied natural gas (LNG) powered container ship to serve the West Coast, and how Key was there to help every step of the way.

Alternative fuels, new construction and retrofits are Key to marine industry growth